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Total Addressable Market (TAM) Bullshit - A Primer in Market Manipulation
🎈 The TAM Escalator and the Finger-Watch Fallacy
The provided text critiques the inflated Total Addressable Market (TAM) claims currently being used by major AI firms to justify massive valuations.
It argues that companies like Anthropic and SpaceX are using "strategically nuts" figures—some approaching $30 trillion—to signal ambition rather than realistic revenue potential.
This "TAM Escalator" creates a narrative where AI is poised to replace global white-collar labor, yet the text warns this ignores the high costs of compute and the destruction of consumer demand that would follow such job…
The skinny
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