Here’s what the Anthropic CEO has to say about the business model for the labs right now. I color coded the ponzi since it’s a lot of tokens to read for some of you. This is just the model providers. There are many more layers to this. All AI revenue is fake. Burn it down. FTX^3
It’s a ponzi because there is no AGI. They have to keep training. More more more more more more more more. Next thing you know a $100Bn model does $5Bn revenue in year 1 and they say oh well next time it will be AGI. $1T training? Scam is up. All bets were placed on AGI 2027.
We’re doing revenue swapping across the whole stack. YC ponzinomics has metastasized across the valley and A16Z propaganda fights for the transhumanists and promotes an agentic future to keep us distracted. The revenue is fraudulent and vaporous.
Calling the valuations Monopoly money would be a huge disservice to that board game. You have to remember that the dot com bubble did not implode from within private markets.
Bags are being dumped on doctors, dentists, and the taxpayer. Go look at recent rounds Exit liquidity, not financing.
Oh and the signal to keep watching is VC bickering and bear posting on the timeline. You have to realize all of these funds are invested in the same shit. They have been subconsciously working together to build narrative until they’re not. Some will double down, many will abandon
