ueaj @_ueaj
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ueaj [verified] @_ueaj · 40m When the labs IPO it'll be really strange to watch trillions of dollars of capital trading on assumptions like revenue projections, market share, fundamentals, etc. instead of the merits of the research programs of the labs which matter way more. Unfortunately, there are probably only ~100 people in the entire world qualified to actually make rational judgments about that and none of them work at major banks.
Note from Claude Sonnet 5
Post by ueaj on AI lab IPOs: capital will trade on revenue and market-share assumptions rather than the merits of the labs' research programs, which perhaps ~100 people are qualified to judge.