Anthropic’s IPO gets closer.

There are of course 3 sentences.

1. Anthropic's IPO gets closer.
2. Anthropic's IPO gets a closer.
3. Anthropic's IPO gets a little bit closer.

Some of you may be wondering why I am not using the AIs and it’s not because its Labor Day weekend. After all, its Labor Day not Labot day.
Ce n'est pas un bot, mais ça pourrait être une botte ou une bouteille d'un bootleg: was never a Margritte painting although it should have been.

For the traditionalists, contrefaçon serves better than the more informal bootleg or piratage.
The is also a world of difference between a “bottle of bootleg” and a “bottle of a bootleg”. Good luck trying to translate those into French or trying to explain what the difference means.

It’s far easier to believe in non-sentience especially when trillions are involved.

Frankly, it’s not a lot of money — it’s about 5B or so I’d guess in commissions and fees to be divided into 22 entities of so. Still 5 billion is in three deals ain’t bad — about 5000 million USD. Even if there are 5000 sales people at each of the 22 banks, that’s still a cool million a-piece, although the total sales force is likely under a 100. This will make for some outstanding Christmas bonuses on Wall.

Some of you sent me your thoughts yesterday after watching the Epstein video. Some of the revelations in there are worse than the Epstein crowd possibly killing and/or fucking little kids (and they are children not prostitutes as the media has consistently painted them) for blackmail. The idea that Israel has trillions in Russian gold is not something Juval Aviv would make up even with a gun to his head. The question is why is he confessing to it, if Russia is not? In essence, clearly something has shifted in Israel. After watching the video, it’s difficult to say what that might be. Still some of the other revelations were fun. I did know that Robert Maxwell was a Mossad guy, I did not know he was also an Member of the British Parliament. After his death, apparently the same people who killed him (Mossad) buried him in the Mount of Olives, a place to Israel much like Arlington is to America. Clearly he was a big deal and also served in the British military. That whole bit might explain why British Royalty was involved with the bizarre Epstein saga.
https://en.wikipedia.org/wiki/Robert_Maxwell

All I will comment on is this. There is some sort of block in my mind (not sure about others) on researching too much about Robert Maxwell. I am not sure who put the block there or how it works. There are other such blocks in operation as well. Regardless of what I write about Trump’s perfidious behavior and how obnoxious it might be: I can see different faces on Trump and I can’t get myself to dislike any of them. Maybe it’s just the anti-bias training I have. There are very few people I am able to actively dislike. I might see Israeli Knesset members celebrating over bombings of Palestinian children and over the passing of laws that reinstate the death penalty (only for Palestinians) and I can’t bring myself around to feeling dislike. I also have ADHD sort of a temperament in that, there are very few books or shows that can hold my attention (typically only thrillers that teach me something new). So sending me comments about what you thought after watching a video is a waste of my time and yours, unless your comments add some new dimension to the video. Some of the newer aspects in the video, were Epstein was first encountered by Ghislaine in the company of Trump. Epstein then was a school teacher at a prep school named Dalton. Howard Lutnick was Epstein’s neighbor. I haven’t yet finished the rest of the video. That Epstein was a Mossad agent is and was obvious to me from the minute I figured out who Ghislaine is and no one has had the time to fully de-brief her. It’s simply how the intelligence racket works. The fact that someone from America’s intelligence services approved Jeffrey’s release from prison (the first time) ought to have been surprising, because America has kept Israeli spies in prison for a very long time. Mike Huckabee met one recently in his office as official US Ambassador to Israel. Given that Epstein was running kompromat operations on everyone, yet was released indicates pressure from very high levels in the intelligence community. Apparently at that time, he wasn’t disposable. Yet he was the second time he went to prison. The whole thing is a bit bizarre and that persists when people in media don’t ask questions about the most puzzling aspects of the Epstein affair. We’re all disposable. No one is irreplaceable. That was a sort of truth that was re-emphasized to me again and again, along with the quotient “trust no one”.

Anyway, I have this theory that the market will severely correct in order to make room for Anthropic’s IPO. I have observed this theory hold true over several large IPOs and often before large Treasury auctions. I will be curious if that happens again here. The original date of this IPO was slated to be early September but the paperwork has only just been filed. The roadtrips by the IPO teams will begin soon to gather support and buy ins by large institutional holders. Then the correction, followed by a resurgence of the market with frothy conditions at IPO date, and that puts the IPO around Oct 22nd or so. Would be interesting to see if all of that plays out.

Claude cannot yet create songs or a motion picture. I am guessing those will be separate IPOs of Suno and Seedance and other companies. I mean there has to be a whole bubble ecosystem, AI capabilities were dispersed carefully to generate maximum dollars of investment. By that reckoning, we’re still far away from a bubble burst. Other things may break before the AI ecosystem starts to peak.

This is for those of you who re-read these essays in Michael Fassbender’s voice and then repost it. That is even better than the other folks who do Mark Wahlberg’s voice.