AI Hurtles Ahead

Bullish:

• $ANTHROPIC - Claude AI model demonstrates extraordinary capabilities in reasoning, synthesis and autonomous task completion, with rapid growth trajectory and increasing enterprise adoption.

  • “I want to try to communicate the level of awe with which I viewed Claude's output. It read like a personal note from a friend or colleague.”

    Narrator·1:33

  • “Anthropics' coding model business has been growing at warp speed for a year or two.”

    Narrator·27:28

  • “Dario Amade, the CEO of Anthropic, says AI is now writing much of the code at his company and that the feedback loop between current AI and next generation AI is gathering steam month by month.”

    Narrator·22:03
• $OPENAI - OpenAI's GPT models show revolutionary self-improvement capabilities with GPT 5.3 Codex being instrumental in creating itself, indicating exponential growth potential.

  • “GPT 5.3 Codex is our first model that was instrumental in creating itself. The Codex team used early versions to debug its own training, manage its own deployment, and diagnose test results and evaluations.”

    Narrator·21:16

  • “The AI helped build itself. This isn't a prediction about what might happen someday. This is OpenAI telling you right now that the AI they just released was used to create itself.”

    Narrator·21:35
• $INFRA - AI infrastructure is supply constrained with demand already exceeding capacity, validating massive capex investments in inference infrastructure.

  • “In the case of AI inference, however, demand already exists and is growing rapidly, and I'm told AI is supply constrained.”

    Narrator·15:10

  • “Whereas training capex was speculative, undertaken to build AI models for which it was hoped demand would come, inference capex is taking place in response to actual demand for AI capacity. This demand is already translating into massive revenue growth, validating the CapEx.”

    Narrator·36:27
• $AIMODELS - AI models have reached level three autonomous agent capabilities, representing a multi-trillion dollar market opportunity as they transition from productivity tools to labor substitutes.

  • “It's the difference that determines whether AI is a productivity tool or a labor substitute, and that difference is what separates a $50,000,000,000 market from a multi trillion dollar one.”

    Narrator·17:10

  • “Level three agents are the automobile. They don't make the work faster, they do the work.”

    Narrator·41:56

  • “In software for example, if Claude Code handles even 30 to 50% of structured pattern based work, and that's a conservative estimate for near term capability, you're looking at 150 to $250,000,000,000 in annual labor value migrating to AI compute.”

    Narrator·42:03

Bearish:

• $SOFTWARE - Software companies face existential threat as AI can now autonomously write, test, and deploy code, potentially eliminating most programming jobs.

  • “I am no longer needed for the actual technical work of my job. I describe what I want built in plain English and it just appears. Not a rough draft I need to fix, the finished thing.”

    Narrator·18:13

  • “I can't imagine software companies will need as many people to instruct Claude to write software as have been writing software up until now”

    Narrator·40:09

  • “why didn't investors recognize and price in AI's potential to impact the software industry prior to February 3, a day when many software stocks declined 7% or so, kicking off a serious route.”

    Narrator·27:34
• $LABOR - Knowledge workers and drivers face massive displacement as AI replaces analytical work and autonomous vehicles eliminate driving jobs.

  • “A friend of my daughter-in-law heads the department that writes advertising copy for an ecommerce company. She told me AI could replace 80% of her staff.”

    Narrator·39:58

  • “Multiply that across every knowledge worker doing structured analytical work: legal associates, financial analysts, management consultants, software engineers, compliance officers, claims adjusters, and you're talking about a meaningful share of a labor market that runs into the trillions annually.”

    Narrator·41:05

  • “Waymo, driverless cars, already handle roughly one fifth of the taxi trips in San Francisco, and I see them all the time in LA. Where will the people who drive vehicles that become driverless find work?”

    Narrator·40:24