Comment by einpoklum

So much of this hype feels like astroturf in preparation for the upcoming IPOs:

https://tomtunguz.com/spacex-openai-anthropic-ipo-2026/

and I don't know what worries me more - a burst in this bubble (and maybe some other tech stocks), or a failure of these valuations to be burst somehow, and even more concentration of capital and power around those corporations.