San Francisco to outnumber China in billionaires after IPOs
Posts from @distributionat state that the City of San Francisco will have more billionaires than China after the IPOs of SpaceX, Anthropic and OpenAI. A quote tweet by @8teAPi links the claim to a new phase where AI-native companies become market leaders. The posts contrast slower AI adoption by traditional firms with faster progress by newer entrants and project greater concentration of high-net-worth individuals in San Francisco.
This is what kicks off the next stage.
The problem right now is very few people know how to use AI well. The old school firms are not adopting fast enough.
The IPOs will launch the new AI native champions.
The City of San Francisco will have more billionaires than all of China after the IPOs of SpaceX, Anthropic, and OpenAI.