Back to Josh Brown: If This Is A Bubble, It’s Pathetic, with Josh Brown.
Will Anthropic Create Thousands of Multimillionaires?
Josh Brown says Anthropic is going to create thousands of multimillionaire households. Regular people followed a dream, met a recruiter, took the job, believed in the work, stayed, and accumulated stock options. Not everybody working at Anthropic is on a third Silicon Valley run with stock options coming out of their ears and $10 million houses. People who never had investments are going to have $50 million overnight. The path can still happen in America and will never happen in Europe, where laws almost stand against it.
Size advantage, national champions, and dominance should not be read as wealth that reaches only people who are already rich and keep getting richer. The national champions sit in everyone's 401ks, in the S&P. Betting on the biggest companies and on scale is a public-market investment thesis that has worked for a decade and a half since the financial crisis. Monetary policy feeds the pattern, and monopolistic behavior gets little attention for long. A person can still invent something that changes the world overnight.