You have to try hard to lose this much money in 6 months

Both Anthropic and OpenAI are overhyped bubble-burst companies.

Exhibit A: Since June, top 5 AI (China) 85-95% less expensive.

Exhibit B: Token prices have collapsed.

Exhibit C: Interest rates soared; expansion costs make deals unworkable.

Exhibit D: Political climate has…

— Tom Moore (@junogsp7) October 20, 2026

Both Anthropic and OpenAI are overhyped bubble-burst companies.

Exhibit A: Since June, top 5 AI (China) 85-95% less expensive.

Exhibit B: Token prices have collapsed.

Exhibit C: Interest rates soared; expansion costs make deals unworkable.

Exhibit D: Political climate has changed on a bipartisan basis toward data centers; 70%+ fiercely opposed. Nearly half of projects stalled by controversy with local town citizens.

Wow:

The IPO valuation of OpenAI keeps dropping like a rock.

It’s now projected to fall to $1.25 trillion by year end.

The valuation of everything AI seems to be dropping weekly 💀 https://t.co/oTXsFdNwvJ

— QE Infinity (@StealthQE4) October 20, 2026