Brilliant analysis on the valuation detachment. The mortage securitization parallel is chilling becuase it's not just about tech companies overextending, it's about systemic risk dispersal through traditional finance. I've tracked similar patterns where off-balance-sheet vehicles create illiquidity opaqueness long before the bubble becomes obvious. The $2T revenue gap by 2030 basically means returns dunno get realized fast enough to justify current multiples.
Feels very hard to say! We'll certainly see further attempts at doing it. I think if the administration continues to refuse to make any concessions or compromises, we won't see preemption passing. But if they're willing to back down to an SB-53-esque framework, maybe you could get something done.
Brilliant analysis on the valuation detachment. The mortage securitization parallel is chilling becuase it's not just about tech companies overextending, it's about systemic risk dispersal through traditional finance. I've tracked similar patterns where off-balance-sheet vehicles create illiquidity opaqueness long before the bubble becomes obvious. The $2T revenue gap by 2030 basically means returns dunno get realized fast enough to justify current multiples.
Amusingly prediction #1 is that AI platform companies are overvalued and prediction #3 is the opposite (albeit from different people)
indeed — we don’t all agree!
I'm in your camp Shakeel :-)
I'm 100% here for the Sam Altman breakdown.
Any predictions on federal AI preemption efforts?
Feels very hard to say! We'll certainly see further attempts at doing it. I think if the administration continues to refuse to make any concessions or compromises, we won't see preemption passing. But if they're willing to back down to an SB-53-esque framework, maybe you could get something done.