$2 Trillion AI IPO Mania, Death Penalty Debates, and America.gov’s Bold Play | The Tom Bilyeu Show
Tom Bilyeu's Impact Theory
September 30, 2026
What’s up, guys? Today I’m diving straight into the eye of the AI storm with the legendary investor Michael Burry. You know him as the guy who predicted the 2008 housing crash, but now he has set his sights on the booming AI sector, calling out the insanity behind some of the biggest names in tech.
Speakers Tom Bilyeu, Ryan, Cathie Wood, Philip DeFranco
TopicsBusinessNewsNews Commentary
SPEAKER_1 (0:00)
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Tom Bilyeu (0:30)
Let's talk about the moment your side hustle becomes a real business. Now, I see way too many founders stay stuck running their business like it's a hobby. And then they wonder why nothing ever feels real. It doesn't feel real because it's not. I've helped thousands of entrepreneurs build real businesses through Impact Theory University. And the first step in the path to building a legit business is registering it. And Tailor Brands will help you do just that in a few clicks. An LLC, a Limited Liability Company, is an official business structure. It's inexpensive to form and very simple to maintain. It's how you open a business bank account. It's how customers know they're dealing with a real company. And Tailor Brands doesn't stop at the filing. Their dashboard tracks what comes next based on what your business actually needs. So EIN number, registered agent, licenses and permits, bookkeeping, business banking. I tell every founder the same thing. Just make it official. Click the link in the show notes to check out Tailor Brands and get started on your business today. This is a paid advertisement. Oh, the Anthropic IPO numbers leaked and they are absolutely insane. And what they reveal about the company itself and the whole AI bubble is downright shocking. We're going to be going deep on that one. It is so shocking that Michael Burry, the great predictor of bad investments, has gone nuclear on AI, saying things that you guys are going to have a hard time believing he actually said, but we're going to put up the proof. Speaking of disbelief, there was an attempted hijacking of a fly-to-buy flight with 100 Israelis on board that gets more insane the closer you look at it. Details are still shaky, but we're going to go through them. The early reports are absolutely unhinged. The bond market just keeps getting worse.
Four more rate hikes are now expected in the next 12 months. And I've got a chart that I want to show you guys that shows just how bad this could potentially be for the average American.
Speaking of things that are bad for the average American, US colleges are going out of business, which that actually isn't the bad part, at an absolutely insane rate. And Trump just made it 10 times worse, but in the best way possible, even if you hate Trump, you are going to love this story. We're going to go in on it. I want to hear what you guys think about it. The controversial death penalty case of Krista Gale Pike is absolutely blowing up as America just cannot make up its mind about women. Are they fully fledged humans or not? We're going to be debating that for sure. I'll be very interested to hear Ryan's take on this and going absolutely parabolic right now. If you're on social media, I'm sure you've heard the rumors, rumors that Candace Owens has a long history of secret gay relationships. This one is wild. We're going to be getting into all of that and a whole bunch more on today's Tom Bilyeu Show Live. Welcome everybody. Shout out to our boys, Tailor Brands by the way. Guys, thank you so much for continuing to sponsor this. They do so much for entrepreneurs. If you guys are thinking about starting a company, let Tailor Brands help you make it easy. These guys are absolutely incredible in terms of helping somebody who's trying to get a business set up and legal, take care of all the administrative BS so that you can actually focus on building your company. So shout out to Tailor Brands. They are amazing. If you're an entrepreneur, you got to check these guys out. The link is in the description so that you can get started with Tailor Brands today. All right, we've got to get started talking about what's going on in the world of AI. Has the AI bubble just been popped? That is the question that everybody is asking after seeing the Anthropic IPO leak, which is bonkers. What it reveals about the company itself and the whole AI bubble really is shocking. Now, for those that don't know, Anthropics IPO paperwork leaked to Reuters, and now we know what's actually going on under the hood of this absolute behemoth of a company. I do not think people understand the staggering size of these companies, or certainly how big they want us to believe that they actually are. Now, the math goes like this. In 2025, okay, we're talking 2025 numbers, because those are the only audited financials we have, so that's what's going to be in this S1.
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