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Why Does Josh Brown Say the AI Bubble Is Pathetic? · Prof G Markets

Prof G Markets

Josh Brown: If This Is A Bubble, It’s Pathetic

Ed Elson and Scott Galloway are joined by Josh Brown to break down Anthropic’s S-1, including why its revenue growth stood out to him and why he doesn’t think the company has much of a moat. He also shares his prediction for the IPO and why he thinks the company has timed its public debut well. Plus, he weighs in on Netflix and what he believes is the…

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Notes

  1. How Fast Is Anthropic's Revenue Growing? at 4:32

    Josh Brown says the revenue growth is what stood out in Anthropic's filing, even though leaks and comments from private investors had already pointed the same… Full answer

  2. Why Is Anthropic's $80.7 Billion Loss the Wrong Number? at 10:00

    Josh Brown says Anthropic's $80.7 billion headline loss is the wrong figure to fixate on. Full answer

  3. Does Anthropic Have a Moat? at 19:43

    Josh Brown does not think Anthropic has a moat like SpaceX, Nvidia, or Apple. Full answer

  4. How Much Has Anthropic Agreed to Spend on Compute? at 27:34

    Ed Elson says Anthropic has already signed up to spend $800 billion, and those dollars are not on the income statement yet. Full answer

  5. What Is the Bear Case Against Anthropic? at 35:32

    Scott Galloway says the bear case against Anthropic is that large companies will put a budget on AI use, and that frontier models have no real switching costs. Full answer

  6. What Did Josh Brown Make of the Anthropic S-1? at 41:37

    Josh Brown wanted to hate the Anthropic S-1, but after reading it he recognized the numbers and stopped short of a full reversal. Full answer

  7. Why Does Josh Brown Think Anthropic Timed Its IPO Well? at 44:50

    Josh Brown says Anthropic nailed the timing of its IPO. Full answer

  8. Why Does Josh Brown Say the AI Bubble Is Pathetic? at 47:48

    Josh Brown says that if this is a bubble, it is the most pathetic one he has ever seen, and an anti-bubble. Full answer

  9. Who Benefits If the AI Neoclouds Fail? at 53:32

    Josh Brown says a shakeout among neoclouds is good for the companies that already own compute. Full answer

  10. Will Anthropic Create Thousands of Multimillionaires? at 1:04:01

    Josh Brown says Anthropic is going to create thousands of multimillionaire households. Full answer

  11. What Does Josh Brown Think Is Netflix's Biggest Problem? at 1:10:47

    Josh Brown says Netflix's biggest problem is a comparison the company cannot do much about. Full answer

  12. When Does a Bull Market Hit Its Yearly High? at 1:15:59

    Josh Brown says the high of the year in a bull market lands in December or January almost all the time. Full answer

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