Keen On

I’ve always considered my friend Keith Teare a bit weird. Maybe it’s living in Palo Alto amidst the tech plutocracy. But I wonder if the That Was The Week weekly tech news publisher has finally lost his mind. In this week’s conversation, he speculates that OpenAI will soon be worth $10 trillion while its closest competitor Anthropic, will be valued at $5 trillion. Has he finally gone totally bonkers? Or is it really possible that these two still private companies will be collectively worth $15 trillion (more than the GDP of every country except the U.S. and China) in a few years?1. AI Valuations Have Entered Fantasy Territory OpenAI at $10 trillion and Anthropic at $5 trillion would make these two private companies worth more than the GDP of every country except the U.S. and China. Even tech insiders are now seriously discussing valuations that would have been laughed out of the room during the dot-com bubble.2. We've Hit the AI Search Tipping Point Traditional Google search is rapidly being replaced by AI-po