valuations are absurd because investors are low-information speculators.
I just watched a YT with Dylan Patel in which he said, with a straight face, that OpenAI/Anthropic were going to "continue" exponential growth until, basically, their valuation was several times world GDP.
I just watched a YT with Dylan Patel in which he said, with a straight face, that OpenAI/Anthropic were going to "continue" exponential growth until, basically, their valuation was several times world GDP.