Anthropic is likely to tell investors that it sees its total addressable market (TAM) exceeding $30 trillion, ahead of the $28.5 trillion estimate from SpaceX (SPCX.O), the Wall Street Journal reported on Tuesday.
they’re predicting to sell GREATER THAN $30 trillion because they’re overvaluing a business that has no pathway to profitability.
It also isn’t ’way overblown’ because in no way is this standard behaviour in a market. To me it looks like a pump and dump with more steps.
keep in mind that would be enough to solve homelessness in virtually any nation
My take is that the Saudis were incredibly fortunate to be sitting on a resource that has had inelastic demand for decades. So fortunate in fact that they didn’t get good at anything else that wasn’t related to oil.
They’ve known for some time that the oil reserves can’t sustain them forever so they’ve dabbled in investments in various industries with lacklustre results.
Their recent foray into gaming is symbolic of this. An industry that bleeds cash without the creative talent that underpins it. I mean Microsoft is a good example of when ‘business’ intersects with the production of art.
mark zuckerberg must have the hardest time making any sort of genuine human connection.
we’re standing on a cliff watching people get swept away by a big wave and you keep clarifying to all the onlookers that it’s actually called a tsunami.
forest from the trees dude.