These numbers are completely absurd.
https://pivot-to-ai.com/2026/03/20/openai-anthropic-spacex-to-trash-stock-market-ipos-for-2026/
These numbers are completely absurd.
https://pivot-to-ai.com/2026/03/20/openai-anthropic-spacex-to-trash-stock-market-ipos-for-2026/
It's really refreshing and reassuring to know that, during these chaotic and depressing times, our economy is being run by serious people who believe in things that are definitely real and who take rational actions on the basis of those beliefs.
It'd really suck if capital was concentrated in the hands of a rogue's gallery of capricious sycophants, sleazy conmen, and number-crunchers who suck at math, all of whom had their brains melted by AI.
@reillypascal You better believe it will, in business as well: Huang was just saying that he expects devs to consume half their compensation in tokens alone.
When costs are $5000-10000+ per head, companies will balk.
And a 2008-but-on-PCP crash is all but baked in, and many who were too young to remember the 2009-2012 period are far, far too blasé about everything.
It will get so, so bad.
The cost-benefit ratio will get claude back.