Comment by extraextra
19 hours ago
If that's your interpretation of things, that there is no logic behind some of the smartest people in the world throwing tens of billions at Anthropic with no logic behind it, I have no further comments
19 hours ago
If that's your interpretation of things, that there is no logic behind some of the smartest people in the world throwing tens of billions at Anthropic with no logic behind it, I have no further comments
A general statement I made is mostly to refute that people invest exclusively when the data is clearly supporting that investment with guaranteed returns: basically, the fact that people will buy does not mean that they have guaranteed returns.
Some might be looking to capitalize early and exit quickly; some are creating demand because they have other drivers in their portfolio (eg. Nvidia or Micron); some might really believe in the company; and some might be gambling with their disposable investment money for their high-risk/high-gain part of portfolio.