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Absolutely astonishing story from Reuters, saying that Anthropic’s valuation is based on theoretical revenues of $180-200bn in 2028, and that its “current EBITDA does not fully capture the economics investors expect the company to achieve at scale.” Misleading! www.reuters.com/business/ant...

If you ever want to see how consent gets manufactured this is how it happens. Journalism should not be printing things that operate as marketing. This only serves to inflate the bubble and con retail investors. Shameful.

take a dip into the reporting on the bears stadium relocation. more than half read as press releases, the other blandly recite interested parties. virtually none examine the supposed economic benefits of massive tax breaks for sports venues

I believe you. and it’s nothing you haven’t seen before. might be a good microcosm for after the collapse tho. rub some dirt in some prestige journalism faces