Self serving billionaire TechGods have worn out the patience of the average citizen. They've trashed industry after industry, while destroying customer service
Don't Care:
I tried to buy healthy snack bars in Sam's Club but the product would not ring up for the third day in a row according to workers. I told them their IT people must suck, that is if they haven't been replaced by unreliable and unpredictable AI.Walmart's Sparky, Customer Service Assistant, Merchant Tools and Agentic End to End Workflow could not get their Sam's Club scanner to read that barcode, not once over a three day period.
Don't Share:
Founders, from private equity underwriters (PEU) to TechGods, take their companies public for monetary gain but game it so they retain all the control, get financial subsidies for the few taxes they are asked to pay and continue to grow their private jet/luxury yacht/multiple villa/political donor class lifestyle. Whatever they can shift from their pocket to the company, they do that and more.
Elon Musk has total control of all his corporate entities and he puts them together and takes them apart like Play-Doh toys. Anthropic plans to keep all the control in a similar fashion.
Meta just changed their capital structure to their founder's benefit. Apparently, it's just never enough.
My wise friend noted:
Our leaders' objectives line up with Sodom and Gomorrah principles. We're going back to where we started from.As for Anthropic's IPO generating thousands of instant millionaires, I got this capitalism thing all wrong. The more money you lose, the more you are worth.
Anthropic lost over $80 billion the first half of 2026.
The deal keeps getting better for billionaire TechGods and PEUs, while the average person struggles mightily and workers are ignored.
That's because politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.