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The guy from SemiAnalysis said this too. If he buys Anthropic now at $2T and they go to zero, he's fucked, but if they go to $20T, we're all fucked.
They're not really a "good investment" unless they are literally worth more than combined GDP of the entire planet, multiple times over. I don't think I'm buying shares of Weyland-Yutani here, but they sure are acting like it.
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If they grow to 20T then buying the index will also be a good investment but with a good risk hedge.
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Good point - in a way, if we get AGI, investors have financed the way to their potential undoing.

The term singularity is worn out, but the physics parallel is quite apt - a point where the known gears of economics stop working, and it's unknowable what's there until you get there.

What if, here me out, you got to share in the profits of the companies you buy shares in? Let's call those payments "dividends". Theb it doesn't matter how much shares go up in value.
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> if they go to $20T, we're all fucked

Maybe I’m naive but I expect any kind of “we’re just taking over the world now” event with any AI company will be met with enough resistance from 99.99999% of the world’s population that they’ll have to make it a sweet deal for us if they want to survive.

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the technology isn't the company yeah? maybe AI will take over the world but it's unlikely to be a single firm