[kibwen]

Are you asserting that there exists a time period to analyze that is not arbitrary and meaningless? If so, which?

The reason why 2026 specifically is interesting is because it wasn't until late December of last year that AI models started to demonstrate particularly interesting capabilities, while we finally got IPO announcements for OpenAI and Anthropic. Assuming that the market works at all, it should be pricing in these events.

[8organicbits]

> wasn't until late December of last year that AI models started to demonstrate particularly interesting capabilities

What are you referring to here?

[Zigurd]

If what they're referring to is coding agents, I can say they were pretty crappy as of November last year, and they've come a long way. Much more useful and usable now.