Such an insightful take. I very much agree with you here, and I think the best way to conceptualize this market is that there are "good" players and "bad" players. Anthropic, for instance, is much more of a "good" player than OpenAI, as it has a much more solid structure for a growth path to profitability. However, when OpenAI is the one making deals that cause multi-billion-dollar companies like AMD and Oracle to jump 20-40% in a single day, it creates dependency, and such exuberance warrants caution.
Such an insightful take. I very much agree with you here, and I think the best way to conceptualize this market is that there are "good" players and "bad" players. Anthropic, for instance, is much more of a "good" player than OpenAI, as it has a much more solid structure for a growth path to profitability. However, when OpenAI is the one making deals that cause multi-billion-dollar companies like AMD and Oracle to jump 20-40% in a single day, it creates dependency, and such exuberance warrants caution.