Speaker
Rick
34 bits across the podcasts they've appeared on
AI announcements triggered the biggest drawdown in software stocks, wiping $830 billion in six days during what's being called the SaaS apocalypse.
Codex reached 46 million downloads while Claude Code had only 491,000 — roughly a 100x difference at the time of recording.
Block's stock rose 30% after Jack Dorsey announced he was cutting half the company's workforce to replace roles with AI.
Anthropic secured $380 billion in total committed spend across AWS, Google, Microsoft, Nvidia, FluidStack, SpaceX, and CoreWeave.
The biggest single-day loss was $285 billion on February 3, representing the peak of the AI-driven SaaS stock collapse.
Anthropic's combined compute deals totalled 11.3 gigawatts of committed power, representing roughly 10% of the entire US data center capacity.
After Anthropic missed the Department of Defense's deadline, OpenAI signed a $200 million per year government contract the same evening.
Figma's stock is down 79% from its IPO price, and dropped a further 8% the day Google announced Stitch, its AI-powered design tool.
Following the SpaceX partnership, Anthropic doubled the five-hour rate limits for Claude Code Pro, Max, and Team plans and removed peak hour limits.
SpaceX secured a call option to acquire Cursor for $60 billion by end of 2025, with a $10 billion payment due if the option is not exercised.
Jevons Paradox in AI: inference got 100x cheaper but token consumption grew 10,000x, meaning compute bills actually went up.
Andrej Karpathy scored every US occupation on AI replacement risk; the average score was 5.3 out of 10, meaning most jobs face significant AI disruption.
Adobe's stock fell approximately 30% on a yearly basis, partly due to disruption from AI coding and design tools like Claude.
Security sector stocks fell 10% immediately after Claude announced it was offering security audit capabilities.
Karpathy's tool rated medical transcriptionists as a perfect 10 out of 10 for AI replacement risk, making it the most vulnerable job category.
