The AI doomer essay that rattled Wall Street

I spoke with the co-author of the viral AI prediction post that tanked stock prices. Also: a notable OpenAI hire, Anthropic's tender offer, and more.

“This just crystallized it for folks”

When I got Alap Shah on the phone Monday evening, he’d done an interview on TBPN and had a couple more interviews lined up after ours. He told me he’d expected the piece to move markets, just not this much.

“I was over-under handicapping it at, like, 40 or 50 basis points,” he said. “It was about two and a half times what I thought.”