In his latest article, "Frontier Overhangs," Thompson points out that the AI industry is facing a "fivefold overhang" in capabilities, products, pricing, capital, and safety. This indicates that absolute leadership in model capabilities is no longer a sufficient condition for building a commercial moat. He believes that models and application layers are moving towards modular separation, and products like Meta's Muse demonstrate that non-top-tier models can also build products with strong user stickiness. Thompson also questions Anthropic CEO Dario Amodei's call to "slow down frontier AI," arguing that his safety-driven discourse aligns closely with the commercial difficulties faced by frontier labs.