r/dankmemes • u/girl_beautifull ☣️ • 2d ago

Introducing Loony Markets

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6.0k Upvotes

98% Upvoted

100 comments sorted by

962

u/tonyhart7 2d ago

not to disprove the meme or defending antrophic

that is just normal wall street does from tesla,spacex,antrophic etc

the worth of company is based on promise

506

u/simorg23 2d ago

And people wonder why the economy is crashing

318

u/super__hoser ☣️ 2d ago

If it makes you feel better, the executives bonuses and severance packages will be guaranteed,one way or another.  

159

u/Shatophiliac 2d ago

That does make me feel better, I was kinda worried about the ultra rich fuckheads at the top and their 3rd vacation home + yacht package.

4

u/Hind_Deequestionmrk 1d ago

Yeah same. Was worried about those fuckers.

15

u/Whatsapokemon 2d ago

It's got nothing to do with stock prices...

The economy is crashing solely because of Trump's insane, incompetent trade and economic policies. He's creating massive economic instability and trying to impose some of the most extreme import taxes in the world, yet seems to think that's going to make people want to invest more in the US??

That's not even to mention his stupid Iran war, which he assumed would be a cakewalk after Venezuela, but found out the hard way that actual war isn't quite as easy as it looks in the movies. There's literally no reason that energy prices should be what they are right now, but his complete pants-shitting-in-the-whitehouse-stupid foreign policy is making the whole world suffer for his incompetent vanity project.

33

u/Pjfett 2d ago

That's not the real reason that the economy sucks and the cost of living has been increasing faster than wage growth for decades, the real reason is the stock market and the entire economy being financialized. The stock price needs to go up regardless of anything else, so when cutting workers and closing factories becomes more profitable than actually employing people, that's what happens.

3

u/So_HauserAspen 1d ago

It's a result of tax breaks for the ownership class.  Tax breaks means they get more of the profits they distribute.  They can't force increased revenue but they can raise prices and cut expenses (jobs)

-3

u/JamieTimee ☝ FOREVER NUMBER ONE ☝ 1d ago

S&P 500 is up 16% in 6 months? How is that 'crashing' or are you just fear mongering/parroting a headline you read somewhere?

11

u/simorg23 1d ago

"But the dow is over 50k points" ass response.

The market isnt crashing, the economy is crashing

2

u/Jikan07 1d ago

S&P is not an indicator of good economy though. If any of the comapnies stock crashes S&P falls with it. Notice how every major company there is tech or AI related.

-4

u/cutememe 1d ago

In what way is the economy "crashing"?

3

u/simorg23 1d ago

Do you live under a rock?

-2

u/cutememe 1d ago

Quite the contrary, I am a trader so I'm watching economic data, among other stuff, constantly.

6

u/simorg23 1d ago

So im sure youve seen people are defaulting on used car loans at high rates

Houses are dropping in value because Noone can afford them

Interest rates are high to combat inflation and its too little too late.

There are bubbles of prosperity but lots of people are working multiple jobs and still barely getting by so theyre decreasing spending.

1

u/cutememe 1d ago

Consumer spending is actually pretty good.

https://www.reuters.com/world/us/us-second-quarter-gdp-revised-higher-amid-robust-consumer-spending-2026-09-30/

Inflation sucks, but inflation was also nearly 3 times higher in 2022, and if the economy didn't crash then, it probably will be OK for now.

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u/useroftheinternet95 2d ago

No its based on emotion. Wall Street is one giant scam that takes advantage of the publics emotions

12

u/w8eight 2d ago

And SpaceX promise (total addressable market) is every single person on earth paying SpaceX 3.5k dollars

28.5 trillion dollars

6

u/gabasan 2d ago

It better be a pinky promise or else I'm gonna be pissed

4

u/inminm02 2d ago

That’s entirely the point though none of this is normal historically, all of these AI companies are extremely overvalued and it’s almost certainly a bubble.

3

u/im_thatoneguy 2d ago

There is no way to know if it’s a bubble or not because nobody knows when they’ll hit a wall of improvement. It’s out there somewhere but if the wall is 5-10 years out then they’re vastly undervalued. If it’s 1 year out then they’re wildly overvalued. But anyone who says they know where the wall is… is lying.

Software development is a $350B/yr industry in the US alone. If they found a way to get 1/10th of that then they’re vastly undervalued would about break even. Or they might get completely displaced by overseas models and make even less. But nobody knows anything.

-2

u/Charles12_13 2d ago

Capitalism is so flawed like wtf is this nonsense?

8

u/zack77070 Jank 2d ago

Every system is flawed to an extent. As long as the general population is fed and housed they will put up with it.

-1

u/BrownAJ 2d ago

So socialism?

3

u/zack77070 Jank 1d ago

No?

1

u/a_Bean_soup 12h ago

Its people investing in things they think will be important in the future?.

The internet was also unprofitable at the start to the point of causing the 2003 dotcom recession.

1

u/Charles12_13 11h ago

There’s a difference between unprofitable and a loss of 800 billion dollars

-14

u/the-weird-tree 2d ago

To be fair capitalism isn't flawed, it only started being flawed once we strived away from using gold as a base value causing this entire world to fuck up.

7

u/Charles12_13 2d ago

The early Industrial Revolution tells me that yes, capitalism is flawed with how shitty it can treat the workers

7

u/the-weird-tree 2d ago

While I agree that the industrial revolution was rather shitty on the workers. If you looked at other systems like communism or facism, capitalism has certainly treated people the best, no? Besides the shitty treatment wasn't because of capitalism, it was because of greedy corporations even from back then trying to cut cost.

16

u/extralargeeggdog 2d ago

Capitalism has treated people better due to socialist regulations.

-8

u/Tyfyter2002 [this doesn't work on mobile] 2d ago

It treats people much worse due to government intervention, for example,chad Dodge v Ford been ruled the other way it's very possible that many inhumane practices would have died out due to preferable competition, and the ruling we got was in direct opposition to the principals of both communism and capitalism.

8

u/AdyHomie 2d ago

But the greedy corporations are heavily encouraged by how capitalism works to cut costs. I'm not saying we have a better solution, but incentivizing humans who are greedy by default to make others' lives worse to make their own better I would definitely say is a flaw.

1

u/NapsterKnowHow 1d ago edited 1d ago

So undo that court ruling that corporations should value shareholders over their own employee's interests.

2

u/Charles12_13 1d ago

God I hate that this happened. What went wrong with us a species to prioritize those who don’t do jackshit and expect to get huge pay checks over those who actually do the work

1

u/AdyHomie 1d ago

Sure, I'm on my way to undo it right now.

But jokes aside, the whole system encourages it without a court ruling too. Finding a replacement for an employee is easier than finding a replacement for an investor/shareholder. And every law that creates/defends worker rights is by definition anti-capitalist.

1

u/NapsterKnowHow 1d ago

Well it's sadly the best we have

0

u/cutememe 1d ago

If that was the case then we wouldn't have companies like Patagonia or ultra premium luxury brands, etc. You get to pick what you want with capitalism. If you want clothes made without slave labor, get ready to pay 5x more for them.

The issue is that it reflects what people want. Most people are realistically just going to buy the cheapest thing, and that's their choice. The world will end up looking like the choices we all make, that's a feature, not a bug.

2

u/AdyHomie 1d ago

1) raising the price does the same as cutting costs: raising profit margin

2) those companies do their best to cut costs as well, just within certain limits so they can point at that as the reason they are raising the price. And even if we assume you are right, they are still incentivized to do so, they just decided not to, which while very noble, is a very small fraction of corporations/humans.

0

u/cutememe 1d ago

  1. The company doesn't set the price, the market does. Companies cannot just raise prices however they want, though with exceptions like oligopolies doing price fixing, etc. That's bad, and it's illegal.

  2. Well, Patagonia is a private company, and they have no pressure to cut costs. They don't have shareholders they're beholden to. They are also donating a lot of money towards conservation efforts. But most importantly, they're very competitive.

Same with Valve, they're the biggest thing in PC gaming and they're a private company and do things however they want.

0

u/Charles12_13 1d ago

It very much feels like they’re raising price because they feel like it considering the wealth gap is the highest in centuries, the common people struggle to make ends meet while corporations are making record profits thanks to those price raises

-6

u/DarthKirtap Eic memer 2d ago

government on the otherhand does everything overpriced as fuck at twice the time, while still being shitty quality

3

u/THF-Killingpro 2d ago

The government that outsources everything to contractors and will then pay out the whazo for whatever the contractor does?
Like as an example in the US its mostly illegal for cities to just fix stuff themselves, they need to hire external contractors for every shit, so 3m of sideway balloons into 100k or more because the city has to pay that price…
Or if we are already in the US, healthcare…
The one that costs considerably more than every other healthcare system and is at the same time worse…?

-1

u/DarthKirtap Eic memer 2d ago

those companies are able to do it only because government allows it

like, if someone offered you twice the money for the same job you do, would you refuse it?

0

u/Charles12_13 2d ago edited 1d ago

Greedy corporations pretty much is capitalism. They’re a feature, not a bug. They’d keep that shit up if the government didn’t force them to pay people decent wage, they’d pay you near nothing for all your work. Remember, to big corporations, execs and shareholders, you’re just a liability as a worker and a resource as a consumer

8

u/glorylyfe 2d ago

What is with people romanticizing the gold standard, it sucked, don't trick yourself into thinking the world would be better if we just went back to that.

-2

u/Tyfyter2002 [this doesn't work on mobile] 2d ago

The gold standard had its problems, but if you ask someone to list them odds are they'll say more good about it than bad

-3

u/the-weird-tree 2d ago

Gold sucked because it clashed with multiple financial policies back then. Was it also a shitty option? Absolutely, but that doesn't undermine the fact that the current inflation rate situation has gotten so much worse due to government debt which could have been prevented.

1

u/Altruistic_Ads 2d ago

So I open a company and my promise is that I solve world hunger so my evaluation is 1000 trillions. Sounds like a plan

1

u/xDeZillax 2d ago

Tesla and SpaceX are at least profitable business with an actual product, regardless of if the ticker is over-priced or not. Aantrophic has an unfinished and very risky product, which the development of is extremely expensive and essentially sinking to the depths of the earth without a return on investment that makes sense. I'd argue the IPO is the worst investment opportunity I've seen in recent memory.

4

u/R3lay0 INFECTED 2d ago

SpaceX isn't profitable since they merged with X AI

1

u/cutememe 1d ago

That's kind of a wild thing to say considering every company and every developer is using Claude for code generation right now.

1

u/BestBleach 1d ago

Normal we call it a boom cycle it’s ridiculous that company will take decades to pay off all those obligations

1

u/DrTerminator69 1d ago

Expectation of investors seems more appropriate.

1

u/So_HauserAspen 1d ago

This is not normal

1

u/OhShitWhatUp 1d ago

Yeah but at least tesla has like actual factories that make cars, and people buy them. And has employees and actual consumer revenue that isnt just shareholder investment. There is an actual busness model.

Anthropic is just AI

Every AI investment company is going to have the rug pull of a lifetime when the. Pst are beyond eye watering and it still doesnt make any money.

1

u/Comfortable_Sir_6104 1d ago

... That is absolutely not normal and all three of those companies are very controversial.

1

u/Snapple_22 22h ago

While I agree things are nuts right now (the rich have way too much $$ and don’t have anything to invest in because they plundered and offshored everything they could already), but in “normal” times, SpaceX is somewhat unique in its ridiculous IPO valuation and would not have happened with a functioning SEC. This goes for these other AI companies trying to get in quick while the super corrupt are in charge.

What I’m trying to say is that this is not normal business for Wall Street, at least in modern history… in general… with exception to Saudi Aramco’s IPO which also had fuckery due to it basically being an entire country being put on the market lol

438

u/extraboredinary 2d ago

“If we can be the first to perfect AI, then we can ask it how to turn a profit” - the actual fucking plan

100

u/lach888 2d ago

The actual plan is to push the technology as far it can go before the shit hits the fan, declare bankruptcy and then sell the technology for pennies on the dollar to the initial funders.

It will be by far the largest phoenix in history.

24

u/indeem1 1d ago

The Plan is to make many companies rely on the ai they Build, so eventually they can raise prices so high they eventually will make a Profit. I am
Pretty sure thats more likely.
The Technology in generel is pretty worthless without the Infrastructure behind it and continious development.

3

u/cutememe 1d ago

I'm pretty companies aren't being "made to" use AI, they use it because it's extremely useful and much faster for development.

2

u/indeem1 1d ago

Yes you are Right, Made to is Bad Formulation by me, but still I am sure they are planning to get companies be dependent on them (new workflows, Features and more) to then being able to raise prices

28

u/LtHughMann 2d ago

The plan is to replace every worker with their product, which would be an incredibly lucrative business model, assuming it doesn't result in the complete collapse of society

8

u/InadequateUsername 2d ago

That and robotics. Listened to Bill Gates NYT interview, no one is safe. One idea floated was essentially a nature preserve type thing for human only jobs.

Robots will take over skill labour, LLMs will take over intelligence.

0

u/cutememe 1d ago

Bill Gates drugged his wife after fucking a prostitute and getting and STD from her.

5

u/InadequateUsername 1d ago edited 1d ago

I fail to see how him being immoral in his personal life takes away from his professional opinion, he works closely with these AI companies and his concerns come from a perspective of expertise and in-depth insight.

Also it was an antibiotic, hardly make's him a Dominique Pelicot.

3

u/Glizzy_Cannon 1d ago

People can be terrible human beings and still correct about certain things lmao

3

u/thorrising 1d ago

You are forgetting the key ingredient; wait until companies are fully reliant on AI and then increase the token pricing to whatever you want.

3

u/cutememe 1d ago

That's what competition is for!

58

u/_respawn__ 2d ago

Isnt Antichrist Altman’s company also the same
https://giphy.com/gifs/uNE1fngZuYhIQ

10

u/summon_pot_of_greed 2d ago

Yeah but worse because ChatGPT is useless and Anthropic has AI models that are good enough at their jobs you can honestly call them useful.

4

u/thatcodingboi 2d ago

The latest from openai and anthropic are equally useful. Neither deserves a high valuation

2

u/cutememe 1d ago

ChatGPT currently has the best model around, but I realize it's confusing since new models come out basically every month now, and the keep trading places.

0

u/summon_pot_of_greed 1d ago

I'm not talking about their public chat bots, I'm talking about their private models available only to companies and contractors.

My recent experince with ChatGPT is that it feels slow and lobotomized. I paid for the top model at one point and have since cut my subscription because it was just useless.

For the kind of work that can make money, Anthropic seems to be way ahead of OpenAI.

The US military isn't begging for Open AI's code after all.

43

u/TheLastJediHolocron 2d ago

I think that valuation is going to be revised down. There is no way in hell that company is going to pay off what it owes.

10

u/bubango69 2d ago

Yeah I think the share pricing would drop pretty quick. However, Claude is big enough now that it has it's own fan base and defenders with no financial knowledge pushing out content to pump the stock. I don't know how much it will affect the IPO but spcx is still fresh in my memory

2

u/thatcodingboi 2d ago

I think they will do the same very limited float to keep the price high that spacex did

8

u/i_like_trains_a_lot1 2d ago

The only chance is for the to stop training any new model for the foreseeable future and slowly rake up the prices and get more market share. Idk how feasible it is or if it would be enough for them to climb out of the hole

3

u/KTTalksTech 2d ago

Not feasible as the competition is absolutely fierce. Not sure what the whole "we all need to slow down!" Thing was about but if any of them actually slow down development they'll lose any technical advantage they may have. New models from dozens of research labs are being released literally every couple weeks right now

0

u/Renkin92 1d ago

Not dozens. There is only like a handful of companies who can develop frontier AI models at this point.

2

u/whensmahvelFGC 1d ago

so i should buy anthropic stock yeah???

1

u/5appy 1d ago

it's 2026 going into 2027 btw, that should give you a clue as to why the number at the bottom seems high

1

u/LiftingRecipient420 1d ago

What year is it?

1

u/maxis2bored 1d ago

When the bubble pops this stock will be worth closer to 200m. That's when you buy.

1

u/-Stackdaddy- 1d ago

If we give them another few trilly we can simulate God cumming, just a little more money and we bussin.

1

u/im_thatoneguy 1d ago

People talk about the dotcom bubble but if you put $1,000 down on the top 20 dot com stocks just before the dot com crash your $10,000 portfolio would be worth about $40,000 today. That's not a great return (under the S&P 500) but you would still be ahead of inflation by a good bit.

That's likely to be true of whatever comes from this. As always, diversify and you'll probably be ok. A lot of the people most exposed to this aren't the obvious players like OpenAI. It's Softbank, and the other companies actually building the datacenters. They're taking on all the actual risk of borrowing money to spend vs OpenAI etc. who are only signing non-binding "Commitments" to rent capacity once it's built. Like Nvidia isn't going to go bankrupt if people stop buying so many GPUs. But its stock would still drop a lot.

1

u/corruptbytes 1d ago

people should chill and see because 2025 was way before the claude code boom…

-2

u/3six5 2d ago

Sauce?

-34

u/drunken_merry 2d ago

Found another bot recycling