

If the A.I. Bubble Bursts, the Public Will Be ‘Left Holding the Bag’ | 'The Opinions' Podcast
SpaceX, Elon Musk’s rocket, satellite and A.I. company, is about to go public at a record-breaking $1.77 trillion. This summer, Anthropic and Open A.I. will follow suit, also with sky-high valuations. Are they worth it? The Opinion writer David Wallace-Wells and the contributing writer Natasha Sarin, an economist and…

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What people are saying
“When you're asked to join the club, they're looking for somebody to scam.”
“So to recap 1) OpenAI Anthropic and SpaceX are in deep debt 2) They need an IPO to pay off debt and bridge loans and expand 3) They need Index Fund money because they taped everything else already 4) With SpaceX Joe public will never have a…”
“The techno-bros are the ones who should pay for their gambles. How is it we - the working public - end up losing out, but we gain nothing if anything goes well.”
“The SpaceX IPO will go down in history one way or the other Either as the greatest moment in a bull tech market Or as the watershed moment when the bubble popped & everything started to fall apart”
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