Dario: "here, catch!"

The current trend of going public to cash out and dump the problem on retail investors continues, made all the more possible by the government's insistence that retirement accounts almost completely depend on the stock market. Consider it paying your "Claude Tax" from your 401(k).

SpaceX has a market lock on space, is well along creating a completely revolutionary new rocket, provides compute, and more. So the IPO was more nuanced than a proxy on LLM stuff.

Anthropic is nothing but LLM, so I expect much bigger fireworks here. I don't know what that means, yet - but I just refuse to believe that there's many people that are genuinely long on Anthropic. It's just such an illogical bet. If their IPO can still be cancelled, that would be my bet. If it can't then popcorn awaits.