This is a non-story; for those who haven’t read them, prospectuses include every potential risk under the sun. There will be risks that never make the news alongside the exciting backlash.
Anthropic IPO filing will show AI backlash as a risk factor, sources say
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Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#32Earlier quoted context omitted.
I'm sure you can find similar stuff in the prospectuses of many controversial companies spanning oil, cigarettes, alcohol, cannabis, adult entertainment, guns, gambling, defense, etc... Anything someone is trying hard to ban.
Why is AI in the category of oil, cigs, and beer? Its software ....
Consumers are now fighting to stop data centers from coming into their hometowns. It's not like Data centers have lots of jobs that benefit a community anyway. It's basically a building that eats a local city's resources and gives barely anything back in return.
At best, an AI data center is a year job for the local blue collar workers. A temporary benefit at best, while the price of electricity rises will negate any local benefits by a long shot.
Plus water and noise, and other such issues.
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#33I'm a fan of claude and I have been using their top tier plans because it's so damn cheap comparing to my real usage. They will have to stop subsidizing this at some point, and people (include me) will flee. What they are gonna do?
Interesting times we live in.
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#34This is a non-story; for those who haven’t read them, prospectuses include every potential risk under the sun. There will be risks that never make the news alongside the exciting backlash.
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#35This is a non-story; for those who haven’t read them, prospectuses include every potential risk under the sun. There will be risks that never make the news alongside the exciting backlash.
Well there is a story, and the story is we are going to have an Anthropic IPO? Believe it when I see it...
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#36I said it [1][2] when OpenAI was supposed to go public "next week" and I'll say it again today: neither Antropic nor OpenAI are going public in the coming few years. The moment they go public is the moment the music stops and everyone who still has their head in the sand realizes that they now can't deny there's no money to make in selling AI models, only money to lose. [1] https://news.ycombinator.com/item?id=482112…
I think the AI industry desperately needs one of the two to get to IPO for its own sense of identity, though; the morale boost and the presumption of validation are crucial at this point.
I think it’s possible that the remaining power of the delusion gets Anthropic to IPO.
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#37Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#38I said it [1][2] when OpenAI was supposed to go public "next week" and I'll say it again today: neither Antropic nor OpenAI are going public in the coming few years. The moment they go public is the moment the music stops and everyone who still has their head in the sand realizes that they now can't deny there's no money to make in selling AI models, only money to lose. [1] https://news.ycombinator.com/item?id=482112…
I don't know if they will never go public,but their business is clearly not profitable as it is today.
I'm a heavy user but the moment they stop subsidizing I will pick something else because I know how damn expensive it actually is (my usage is ~4k usd/month, but paying 200 in their max plan).
I guess lot of people will do the same.
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#39Earlier quoted context omitted.
Why is AI in the category of oil, cigs, and beer? Its software ....
The electricity usage is off the charts. Every place that gets a data center has their electricity prices go up. Consumers are now fighting to stop data centers from coming into their hometowns. It's not like Data centers have lots of jobs that benefit a community anyway. It's basically a building that eats a local city's resources and gives barely anything back in return. At best, an AI data center is a year job for…
Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say
#40Earlier quoted context omitted.
I'm sure you can find similar stuff in the prospectuses of many controversial companies spanning oil, cigarettes, alcohol, cannabis, adult entertainment, guns, gambling, defense, etc... Anything someone is trying hard to ban.
Why is AI in the category of oil, cigs, and beer? Its software ....
Yes, it is software, something more powerful and thus potentially more harmful than any of the above physical products.