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What do you think would be the benefit of them stopping if others race ahead? Do you think they have some special ability no one else will find, among the many competitive firms right now?

I believe they think slowing can only be coordinated from the frontier or via government, and stopping would lose any leverage they have to help coordinate that.

(I suspect not many people read the essay, judging by how many people seem surprised they're releasing improved models)

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That's not the point. They're never going to be the ones stopping and letting others race ahead. The only reason to strum up discussion around how dangerous AI is, is so that they can introduce legislation framing AI advancements as scary and that they are the only ones who can do it responsibly. It's all a regulatory capture play.
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