Comment by nmilo
18 hours ago
Valuations are based on future expected earnings, not revenue. It cost Ford a lot of money to make that $60k car. The margins for AI companies are unknown but the market is pricing that they’ll be higher at one point. Not that they’ll attract more revenue from the average person.
Now let's think about how much money it costs Anthropic to make that $60k. :)
Oh we don’t want to talk about that.