[iso1631]

Doesn't matter, it will go into the nasdaq/s&p at $1t, passive funds will have to buy it at that price, meaning a wealth transfer from 401ks to people with pre-ipo stock

The only reason AI is worth $1T is if you believe it will continue to get better and displace all those jobs, not just in claude replacing knowlege workers, but in the outcome of that work being so transformational that physical work is also replaced.

If it does, then the entire economy is completely turned over and it doesn't really matter as nobody will have a job, and thus the entire concept of the S&P and the western economy as a whole falls to bits.

[10xDev]

The belief (for some) is that it will create new jobs like previous revolutions. No one has said what those will look like yet though.