Why AI Capex Keeps Real Rates High and Makes Hiring Absurd
Blake Byers sees AI capex driving real rates higher while McKinsey runs AI avatar job interviews. Here is how founders must adapt.
Inflation Heats Up, Anthropic Investor Day, Tesla Roadster Mania| Diet TBPN
With John Coogan, Jordi Hays · Sunday, October 18, 2026
John Coogan and Jordi Hays break down Anthropic's investor day metrics and its crackdown on AI model distillation fraud, followed by Brad Gerstner dumping CoreWeave amidst an AI market rotation. They examine luxury inflation via the CPI Reserve index, discuss breakthroughs in mechanistic interpretability, unpack the Valar Atomics pro rata dispute with Day One Ventures, and preview the Tesla Roadster launch alongside the leaked Porsche Mission S supercar.
Key takeaways
- Blake Byers argues that massive AI capital expenditure will crowd out Treasuries, locking real interest rates higher for years before economic gains arrive. Read more →
- Anthropic revealed at its investor day that Q3 revenue reached $16.8 billion, scaling the company to a $67.2 billion annualized run rate. Read more →
2 articles from this episode
Anthropic Hits $67B Run Rate and Targets Distillation Fraud
Anthropic reports $16.8B Q3 revenue while targeting $5B in illicit model distillation routed through SaaS wrappers.
More TBPN episodes
- Muse Wonder, Anjney Sizes Up, Neal Stephenson Joins, Social Reckoning Review, Eli Manning LiveOct 18 · 2 articles
- Xbox Labs, Animatronic Birds, IoT Device Warfare, Reflection, Decart, CharacterAIOct 18 · 3 articles
- Minecraft AI Mods, Should You Sell Your Data, Construction Paper Really Fell OffOct 11 · 6 articles
- Le Chonk, Buffet's Just Like You, TJ Parker Returns, Dylan Field JoinsOct 11 · 6 articles