His "main thing" is success in calling economic impacts of undervalued large shifts, and the premise of the fund is basically that the same thing is occurring around AI, where he also has specific subject matter expertise.
I'm going to need better evidence to believe he has any skill.
From what I can see, his investors could have just bought AI related stocks themselves.
i know nothing about this specific person, but the typical rule is that if it has already reached the general news cycle, you are too late.
Aschenbrenner only created his Situational Awareness fund 2 years ago, so he wasn't exactly prescient in predicting the rise of AI - he just had enough conviction to go all in, with leverage, on an investing theme that was already pretty obvious.