The Doom Justifies the Valuation

# Summary The author argues that leading AI companies like Anthropic use apocalyptic messaging about AI doom in their public communications to justify inflated valuations, rather than relying on their actual technical achievements. While smaller companies like GLM and Comma publish straightforward technical blog posts about incremental progress, major AI firms promote speculative existential risks and recursive self-improvement scenarios that have no basis in current technology, creating a self-sustaining hype cycle that benefits their market valuations. The author criticizes this as a manipulative "mind virus" that prioritizes psychological panic and media discourse over honest technological assessment.