Sagar Enjeti

You know, the finance person in me thinks if there is not cash flows that are going to come to justify these valuations, in other words, is it mostly vibes and hype?

Often it's true at the early onset vibes and hype are really, you know, it's a big part.

Lots of companies start off not making and then they make it really big.

Here, though, we have to see something in order to justify these trillion dollar plus valuations.

So I guess, Crystal, what I'd say is I don't know if it's a big bubble, but if it does pop, I hope those who made enormous amounts of money are not the first to be rescued.

Yeah, and I think you're going to keep seeing fights about this.

We saw how there was an attempt by the Trump administration to hit delete on every single state law that was trying to do even modest protections and safeguards on AI.

And of course, that led to an eruption in Congress.

This is going to be key.

I think that we now know, and of course Anthropix released, or not released, the availability of Mythos really was put on pause because I think there were big questions.

Is this going to be able to get through the cyber security of almost every major utility bank?

Is it going to create the type of chaos that is simply not worth it?

We are talking about certain types of technologies that maybe can get past the biggest cyber defenses we've seen.

And so, Crystal, I think they may know that any type of regulatory intervention, if that leads to any pullback in stock market valuations,

other dominoes may fall.

Now, I don't agree with how they're doing it, but maybe that is how they are justifying that the stock market is the only thing keeping this economy going.

Yeah, I think this is part of the unresolved issues from 2008, a true sense of no one being held accountable, a true sense that the core issues of who is pulling the strings is still the same and that in fact now together with others have even more power and control over the economy.

That is really, I think, what is fundamental.

And until some of that almost monopolistic control over the system, until that grip is loosened, people are still going to have really deep suspicions about whether there is any rule of law when it comes to our economy.

We saw it in 2008.