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Google plans to invest up to $40B in Anthropic

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Re: Google plans to invest up to $40B in Anthropic

#361

Earlier quoted context omitted.

> it's apparently worth more than products Americans constantly buy and rely on for their main life What are you counting in this category?

There are countless examples, but let's say Ford. Worth $150 billion, $50 billion not counting debt. My neighbors just gave Ford $60k. It'll be a while until my neighbor gives Anthropic $60k.

On the flip side, enterprise.

How many businesses are paying Ford $10 million per annum?

Re: Google plans to invest up to $40B in Anthropic

#363

Earlier quoted context omitted.

Are you paying that, or is your work paying for it? If you’re using it for personal work, why is $100 worth it?

$100/month isn't much for developer tooling. If you add up how much I spend on hardware upgrades, other SaaS products like backup services, software licenses, and other things it's easy to justify $100/month for a powerful tool. I pay for my own AI provider subscriptions because keeping work and personal strictly separated is important for me. I do know some people who secretly pay $200/month for Claude and use it at…

I too spend over $100 on drugs that make me feel productive but actually am not.

Re: Google plans to invest up to $40B in Anthropic

#364

Earlier quoted context omitted.

> Why do AI boosters like yourself... I believe that I am more of an AI realist. The agentic dev tools are really helping me out, but if I could wave a magic wand to make AI go away for a hundred years, I would do it. I really hope that we can all laugh at how wrong I was. However, I believe that the horrors will likely outweigh the benefits. Our global society/political systems are not ready for Stasi as a Service,…

Getting in on the astounding action before the world turns to shit. Who could call me a starry-eyed idealist? I have invested in bunkers.

lol. I have been a starry-eyed idealist all of my life. I would like to think that I still am.

I hate money.

You know what I hate even more? Being the supposed "smart one," and having to borrow money from my entire family to get through my health issues.

I will never do that again, hopefully.

Re: Google plans to invest up to $40B in Anthropic

#365
post #170

Earlier quoted context omitted.

> if it runs of out of cash - then it's bad for the whole industry. Why? I don’t think we would suffer if anthropic disappeared tomorrow

If Anthropic disappeared tomorrow due to running out of cash it would cause a great panic, no?

For who? A bunch of financiers that gamble with pension funds? The real panic is when they IPO and force 401Ks to buy into it.

Re: Google plans to invest up to $40B in Anthropic

#366

Cool. Will they use their balance sheets to pour all of this cash or are they going to bring the banking system to its knees and then we bail out everyone again ?

I don't see why not. The US is bailing out foreign countries, might as well bail out unsustainable businesses too.

Re: Google plans to invest up to $40B in Anthropic

#367

Earlier quoted context omitted.

What is all this AI doing? People are spending 10’s to 100’s of billions and no service or technology seems better or cheaper. Everything is more expensive and worse.

Where I work: - Development velocity is very noticeably much higher across the board. Quality is not obviously worse, but it's LLM assisted, not vibe coding (except for experiments and internal tools). - Things that would have been tactically built with TypeScript are now Rust apps. - Things that would have been small Python scripts are full web apps and dashboards. - Vibe coding (with Claude Desktop, nobody is using…

I think if you drop this all you will absolutely kill it.

Re: Google plans to invest up to $40B in Anthropic

#368
post #240

Earlier quoted context omitted.

Do you really think companies have started spending millions on tokens and no one from finance has been involved? You could argue that all the spending is wasted (doubtless some is), but insisting that the decision is being made in complete ignorance of financial concerns reeks of that “everyone’s dumb but me” energy.

> Do you really think companies have started spending millions on tokens and no one from finance has been involved? Oh, they were involved all right. They ran their analyses and realized that the increase in Acme Corp's share price from becoming "AI-enabled" will pay for the tokens several times over. For today. They plan to be retired before tomorrow.

That magic trick only works for publicly traded stocks.

Most firms are not a google or a Microsoft - a firms cash balance can become a strategic weapon in the right environment. So wasting money is not a great idea. Lest we forget dividends.

Moreover if you have a budget set re. Spend on tokens - you have rationing. Therefore the firm should be trying to get the most out of token spend. If you are wasting tokens on stuff that doesn’t create a benefit financially for the firm then indeed it is not inline with proper corporate financial theory.

Re: Google plans to invest up to $40B in Anthropic

#369

Earlier quoted context omitted.

Where I work: - Development velocity is very noticeably much higher across the board. Quality is not obviously worse, but it's LLM assisted, not vibe coding (except for experiments and internal tools). - Things that would have been tactically built with TypeScript are now Rust apps. - Things that would have been small Python scripts are full web apps and dashboards. - Vibe coding (with Claude Desktop, nobody is using…

I am hobbyist playing around. Recently dropped CC (which gave me a sense of awe 2 months ago), but they realized GPUs need CapEx and I want to screw around with pi.dev on a budget. Then on to GH Copilot but couldn't understand their cost structure, ran out of quota half month in, now on Codex. I don't really see any difference for little stuff. I also have Antigravity through a personal Gmail account with access to O…

> The correction will be brutal, worse than the Industrial Revolution.

Has it occurred to you that there might not be a correction, and that the outcome would still be brutal, at least on par with the industrial revolution.

Re: Google plans to invest up to $40B in Anthropic

#370
post #185

Earlier quoted context omitted.

I'm burning an insane number of tokens 8-12 hours a day for the dramatic improvement of some internal tooling at a big tech company. Using it heavily for an unannounced future project as well. I presume I'm not the only one.

We suddenly have a proliferation of new internal tools and resources, nearly all of which are barely functional and largely useless with no discernible impact on the overall business trajectory but sure do seem to help come promo time. Barely an hour goes by without a new 4-page document about something that that everyone is apparently ment to read, digest and respond to, despite its 'author' having done none of thos…

Sounds like a workplace wide DDoS.
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