A near perfect on AMC 12, 1900 CodeForces ELO, and silver medal IOI competitor. In two years, we'll have models that could easily win IMO and IOI. This is __incredible__!!
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It depends on what they mean by "simulation". It sounds like o1 did not participate in new contests with new problems.
Any previous success of models with code generation focus was easily discovered to be a copy-paste of a solution in the dataset.
We could argue that there is an improvement in "understanding" if the code recall is vastly more efficient.
Near perfect AIME, not just AMC12.
But each solve costs far more time and energy than a competent human takes.