It’s a problem they’re running headlong into. Anthropic basically is going to suck all the money out of the market and their IPO suggests they’re going on a spending spree and will issue more debt, which makes it even tighter.
It’s going to be an absolute shitshow if it’s anything at all like dot-com bubble. Having things lose 80% of their value or go to zero even may be something edgelords think is exciting and/or hilarious, but the fallout is something all of us will feel.
It’s a problem they’re running headlong into. Anthropic basically is going to suck all the money out of the market and their IPO suggests they’re going on a spending spree and will issue more debt, which makes it even tighter.
I was looking at their own info on their IPO, and their profit is a negative $23.3 billion.
https://ipo.anthropic.com/us/
Bubble will be even more glorious when it bursts
It’s going to be an absolute shitshow if it’s anything at all like dot-com bubble. Having things lose 80% of their value or go to zero even may be something edgelords think is exciting and/or hilarious, but the fallout is something all of us will feel.
I don’t think it will be at all glorious.
Well, it’s a lot bigger than dot com. Concerning.
I can enjoy the failings of billionaires while being concerned for the common people at the same time.
The billionaires are going to be basically unaffected
That’s exactly the thing.
They will live and have food but they don’t care about that. They care about money and they’ll lose billions.