Steve Eisman sees OpenAI and Anthropic as the AI trade's Achilles' heel because hyperscaler revenue depends on them.
But the deeper risk is that AI succeeds so completely that intelligence becomes abundant & interchangeable, pushing value up the stack:
Joined July 2021
- A Survey of 818 data decision makers shows enterprise priorities are shifting. Business objectives like driving new opportunities and meeting financial goals are up, while AI capability building and data trust have declined 6% and 7% respectively: zpr.io/Nb3yD5ck2BJ4 #AI
- The Intercept & Freedom of the Press Foundation are suing Trump over a paywalled service that sells firms early access to his official posts for up to $100k per month. The lawsuit says this violates the First Amendment & Presidential Records Act:
- Spotify will begin labeling virtual musicians with an "AI Persona" badge in mid-September, signaling when an artist's identity may be AI-generated and removing flagged profiles from algorithmic recommendations Read more: zpr.io/RmJDxV9qFRX7 #Spotify
- A federal appeals court has ruled Section 230 does not grant immunity from suit, clearing 3,000+ design defect and addiction lawsuits against Meta, TikTok, and Google to go to trial. Read the full article: zpr.io/gys5i8BEtBpk #SocialMedia #BigTech #Section230 #TechPolicy

