Anthropic takes the lead, hopefully.

Eventually a new era of maturity and cost discipline.

First thing that comes to mind is musk will be absolutely insufferable and childish about it. A lot of companies will be impacted but it’s not going to happen. They are cleaning up their messes to go public

A systemic risk to the financial sector due to their overexposure to CDOs? Yes, I know that's the same plot as 2008. The writers have gotten lazy.

I'm not an expert, but I can't see how they truly go under in the way Enron or Theranos did. If they did hit massive financial trouble the issue wouldn't be that their technology was bad, it would just be that they didn't have enough runway to get to a point where they could make the tech profitable. Someone with deep pockets would step in an buy them up before they went to 0 under the belief that they could last long enough to make the math work. Microsoft has a huge vested interest in keeping them solvent since they own so much of it already. Amazon clearly wants in after this last round of funding. I also wouldn't be surprised if Musk tried to buy it given that xAI seems like a bit of a shit show and I can't think of a better way for him to assert dominance over Altman than to take a company that Altman almost bankrupted and make it successful.