Fable is Mythos, and it is really good.
TL;DR
Fable 5 feels like Mythos 5 with a muzzle on: Theo says the public model is clearly powerful but loses benchmark points and real-world utility because safety layers trigger refusals, fallback routing, and silent performance limits on some topics.
The coding jump is big enough that Theo calls it the best model yet: He compares GPT-5.5 to a rebuilt GPT-5.4, while Mythos feels like "more Opus turned up to 12 or 13," with better code quality, stronger UI work, and more initiative on vague tasks.
The economics are wild, both good and bad: Fable costs $10 per million input tokens and $50 per million output tokens, spent $100 in about 8 minutes on usage-based billing, yet still often beats Opus on total cost because it uses fewer tokens and gets more done per run.
Benchmarks are strong, but Theo trusts some more than others: He highlights an 80% on SWEBench Pro and a 30% on Frontier Code's hardest tier, but calls SWEBench Pro weak and says Frontier Code has suspicious variance, while DeepSWE lines up better with his hands-on experience and shows Fable near GPT-5.5.
Theo's team stress-tested the model with real software, not toy demos: In one day they made a terminal-based 2.5D adventure in Rust, a full multiplayer 3D racing game with spectator mode, a Minecraft clone, and a Rust port of T3 Chat-style tooling.
The tradeoffs are serious for companies: Fable requires 30-day retention for all traffic, cannot use Anthropic's no-retention setup, and may silently get weaker on frontier model development tasks via prompt modification, steering vectors, or parameter-efficient fine-tuning.
The Breakdown
Theo says Fable 5, the safety-wrapped version of Anthropic's Mythos 5, is "the best coding model ever released by quite a bit" after burning through about $2,000 of inference in 24 hours and watching his team build multiplayer games, a Minecraft clone, and terminal apps in hours. The catch is brutal pricing, hard session caps, hidden capability throttling, and mandatory 30-day data retention.
Was This Useful?
Share
Keep Reading
Make Alcreon Yours
Tune your feedFive quick questions, and the feed ranks what matters to you first.Or just get notified
The weekly Echo. Signal worth keeping in your inbox.
Every new piece, announced on X.
Read Next
See all
Playbook
Tasteful Skills
“Tasteful Skills” argues that the best agent skills are not documentation or best-practice lists.

Playbook
The Art of Tasteful Prompting
Learn how tasteful prompting helps you move beyond generic AI output by shaping context, style, and judgment from the start.

Playbook
The Codex /goal Playbook
OpenAI shipped /goal for the Codex CLI. It turns a prompt into a persisted, self-continuing contract.