The value of Frontier AI companies are very undervalued, and I'm going to outline why.

Explain Like I'm Normal

A viral analysis argues that current compute spending projections of nearly $2 trillion from OpenAI and Anthropic are actually rational investments. The thesis suggests that if these models achieve even a fraction of human-level utility across the global economy, their current valuations are massive underestimations. While the 'bubble' talk persists, the sheer scale of capital commitment suggests the industry is betting on a total economic paradigm shift.