Cassandra is only carbon nowThese numbers are completely absurd.
https://pivot-to-ai.com/2026/03/20/openai-anthropic-spacex-to-trash-stock-market-ipos-for-2026/
I get stock market valuations are always ridiculous, but what in the fuck does it *mean* for OpenAI to be "worth" $800 *billion*. Like, what the fuck did Altman do, go individually pickpocket $100 from every person on the goddamned planet?
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.
Sir David Nielsen
Reilly Spitzfaden (they/them)@xgranade love knowing that there will likely be another 2008-style crash soon. /s My only hope is that AI companies charging what it actually costs to run these things will put a damper on all the AI use in FOSS.
Paul Rietschka@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.
KnowAttitudeThe cost-benefit ratio will get claude back.
VoidZeroOne 
@prietschka @reillypascal doesn't do shit to me and those that gonna get hurt deserve it.
RootWyrm 🇺🇦
@reillypascal @xgranade got some real bad news for you if you think there's any sort of floor like 2008.
The reason they're desperate to move everyone to scrip is because it's exactly, exactly the same pattern as the robber barons and this shit is going to make 1929 look like a fractional blip.
If there are not literal heads on pikes, then the entire species has failed.
mtc_uk
Violet Madder@rootwyrm @reillypascal @xgranade
Inequality now is worse than the Gilded Age, and worse than Versailles, and the whole planet is burning.
2008 will seem cute by comparison.