Garrett (garrett)

It’s disappointing that both Anthropic and OpenAI will likely reach trillion dollar valuations before they IPO and become available to public markets. At a trillion dollar valuations, they’d both be top 15 assets in the world, valued more than companies like JP Morgan, Visa and Samsung. The most valuable company in the world NVIDIA is currently valued at $4.5T so the majority of the upside of the leading AI labs will be realized by the time that they’re available to public markets. This was not the case when the internet exploded and may public market participants were able to participate in much more significant upsides in companies like Google, Amazon, Microsoft and others. I can’t help but wonder how the perception of AI would change if the wider public felt they had financial upside in the leading AI labs which will likely fundamentally change how labor markets function. If people felt like they stood to benefit from AI advancements then they probably wouldn’t be as averse to using it and they wouldn’t look at it as an existential threat. The world is changing faster than ever and I wish more people had access to benefit from the impending changes that AI will bring to humanity. https://x.com/anthropicai/status/2022023155423002867?s=46&t=LNZpH03544B952EdXOUs2w

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We are reimagining money, finance, and how our most important economic institutions are governed. It should be equally fun and exciting as it is challenging. Your job from here is to figure out how to best take advantage of this emerging reality, not write endless tweet threads on why it's all doomed. Because through the fog of disillusionment and uncertainty, lies the opportunity of a lifetime for those willing to bet on the new era’s sunrise, rather than mourn the old era’s sunset. - @ryanwatkins https://x.com/RyanWatkins_/status/2014385390371602546

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The price of authenticity and reputation is about to skyrocket

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What makes something an appcoin? Trying to land on the right definition or better define the criteria to call something an appcoin

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