[B56b]

The problem is that $1500/engineer/month would be a pretty modest amount of demand for labs. OpenAI/Anthropic are basing their $1T valuations on the explosive uncapped growth of unlimited agentic token spending. On so many levels of the industry this growth is now priced in. You don't think so?

[simonw]

I don't have a particularly great answer to that question - I'm not enough of a financial analysis to have confidence in an opinion.

I do however think that shouting "look, Uber capped pricing at $1500/engineer/month hence AI is slowing down" is a questionable position to take.

[owebmaster]

> I don't have a particularly great answer to that question

Maybe you could use your $1,500 quota to ask AI for better arguments?

[simonw]

I mean, I did that already for my own curiosity... but I'm not about to share those on a public forum and pretend I have expertise that I don't.

[famouswaffles]

>OpenAI/Anthropic are basing their $1T valuations on the explosive uncapped growth of unlimited agentic token spending.

No they're not. In reality, actual 'explosive uncapped growth of unlimited agentic token spending' will result in valuations several times more than a 'mere' $1T.