Anthropic S-1 Shocker, Greatest Business Ever? Google’s $500B Wipeout, Midterm Predictions

Anthropic’s S-1 makes the case that AI demand is still early, highly profitable and capable of creating enormous value across the compute stack. But can power, data centers and capital keep pace? The besties break down Anthropic’s economics, AI’s competition with government borrowing for liquidity, and Google’s $500 billion market-cap drop as investors question search advertising. Plus, the risks of an AI-driven economy and final midterm predictions.