Exactly. Incredibly hard to understand what hard, non-headline-quoting, steel man arguments there are about how exactly the market will hiccup. And as if all of the AI companies somehow know this and are looking to IPO themselves out when anthropic revenue is growing > 10x per year for multiple years. Feels like a massive disconnect between “this will all implode” people and any real numbers.
They say it’s going to happen because they want it to happen.
They need a price consumers can't stomach or are unwilling to pay, and without that the company is profitable but not able to justify investments. That's the argument.