To counter this point, someone has to show literal productivity gains from this tech that greatly exceed the valuation of Anthropic.

But what is productive about synthetically generated media?

If you are in the c-suite for today's most valuable companies, your entire enterprise valuation is based on confusion of media with production of tangible wealth. Moreover, you don't want this distinction to be sorted out because your valuation collapses. So you don't actually know what's real.

This's the deep, yawning, cavernous nature of the fraud.

BTW, whatever happened to NFTs.

When valuation comes out of nothing and manifests as nothing, it can puff away and not be missed, because it was never really there.

Upside is server chips may be completely free within a couple of years.