Howard Marks on Nikhil Kamath: “Marks questions whether AI models trained on same history can produce ”

Howard Marks · Nikhil Kamath · 4 May 2026

“Are some AI models smarter than others? Since they all have super IQs, computing power, and they all are trained on the same history, are some smarter than others?”

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Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Howard Marks is on record saying.