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I (all other issues aside) honestly think we have lost all sanity when the term "low" (in any fashion) can end up associated with 1.1 TRILLION.-

There is a serious, malignant, dangerous disarray somewhere in our callibration of value, of worth, of what things are worth. Something, many things, are wrong here.-

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I think you’re talking about the headline, and it’s clearly not really calling it ‘low.’ that said, things are relative, and relative to the market’s position on AI and AI related spend, anthropic’s overwhelmingly optimistic spending commitments, how they predict their machine god will take over the world, etc. - 1.1 is indeed “low”

I don't trust the market to calibrate "value" the same way that I subjectively define it.

But I trust the market to calibrate value about 10,000x more than I trust any person or group of people to do so. The thought of that is frankly terrifying.

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