Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ...
by benrutter on Friday November 06, 2026 @03:21AM
(#50389593)
> AI is not going anywhere and will only grow more and more.
I agree, but I think it's easy to conflate AI (a technology) with current AI companies (who's value is based on a bet about how that technology will develop).
I'm not predicting anything, but its perfectly plausible for Anthropic and OpenAI to suffer massive corrections if proprietary frontier models don't lead to a "a few winners take all" market.
In the same way, the internet grew a lot since the early 2000s, but pets.com did not.
I agree, but I think it's easy to conflate AI (a technology) with current AI companies (who's value is based on a bet about how that technology will develop).
I'm not predicting anything, but its perfectly plausible for Anthropic and OpenAI to suffer massive corrections if proprietary frontier models don't lead to a "a few winners take all" market.
In the same way, the internet grew a lot since the early 2000s, but pets.com did not.