alt Hacker NewsI unironically believe that bitcoin -- and, downstream, the memestock -- have everything to do with this.
Old-school fundamentals are laughed at or handwaved away. FOMO rules the day. "If Anthropic is the first to AGI, it'll take over every industry and go to the moon!"
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>"If Anthropic is the first to AGI, it'll take over every industry and go to the moon!"
Meanwhile the hyper advanced software company's shitty electron app still flickers so bad on a high refresh monitor that it should require an epilepsy warning. I'll never understand the love for Anthropic, they legitimately have the worst software I have used outside of Microsoft.
Sure, and if it isn’t, investors just flushed a freight train loaded with dollar bills down the world’s largest toilet.
Nobody is buying these companies because they believe that the company is valuable. They are buying these stocks because they believe that the stock may be more valuable tomorrow than it is today. Whatever the company behind the stock does or does not do, really doesn't matter. AI glitters like gold today.
Yet to be seen if it tarnishes.