Now that Kimi K3 has been out for a week, we know a lot more about how the Chinese AI model performs in the real world. It doesn’t hold a candle to the top AI models on finding cybersecurity vulnerabilities. So how can it pose a business risk to US AI labs, or to national security, if it’s not better or cheaper than those offered by the frontier labs? Because benchmarks used to evaluate AI models are essentially take-home tests, it’s fairly easy to cheat on them. The better option is to start preparing now for a world in which powerful AI models can be downloaded for free and used without guardrails.