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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

#51

Post by nswizzle31 »

mimischi wrote: post #47
nswizzle31 wrote: post #44

Earlier quoted context omitted.

Anthropic is absolutely going public now that Leopold got taken for a ride and the market is back at its very tip top. There is no other option at this point. It is imminent. What you get wrong is who the music stops for. It stops for us (retail). They dump their bags and consolidate into a more manageable business in the long run. S&P drops 10% and life moves on in a few years. I think you’re right about OpenAI thou…

Care to explain how this relates to Leopold? I know they hold some stake in Anthropic, but I’m not proficient enough in the topic to jump to the conclusion you’re alluding to.

Sure, a month ago the market was roaring and Anthropic first floated going public. Then suddenly all AI-related stocks drop 30%+ over a week and people claimed the jig was up. No chance for Anthropic IPO.

Turns out it was mainly just caused by one hedge fund (Citadel) targeting another hedge fund (Leopold). He got liquidated and Citadel picked up his portfolio for pennies. Market subsequently soared to even higher highs in the last few weeks and, poof, Anthropic is going public again.

That’s the narrative anyways - the big drop was just Leopold getting liquidated and not a larger market downturn.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#52

Post by ToValueFunfetti »

dragontamer wrote: post #32
newsomix9xl wrote: post #24

Earlier 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…

Just read this interview[1] the other day that contends that the blue collar workers, or at least their union leaders, are thrilled about the data center boom. There are loads of these projects underway and they show no sign of stopping, so the fact that it's only work for a few years per building hardly matters. Plus, the pay is great because the projects have to fight each other for labor. It also says that localities competed for these projects because of the substantial tax revenue they'll bring in for the communities.

Separately, while electrity usage is a valid concern with respect to pollution, data centers are not really driving electric costs up for residents, with (maybe?) a couple exceptions. Noise is likewise a non-issue by-and-large with (definitely existent) rare exceptions. And the water usage issue is totally invented; data centers use a tiny fraction of the water other industries that would otherwise occupy industrially-zoned land use.

You didn't mention it, but the interview also contends that the "this will take our jobs" angle that gets passed around here as a reason isn't on anybody's mind.

Instead, it seems that the AI companies used NDAs to prevent localities from efficiently pricing their deals. That's obviously sketchy on its own and worthy of attack, plus as a bonus it prevents governments from making statements to clarify that the populist narratives that surround the things and are, bluntly, false.

[1] https://www.natesilver.net/p/why-does-everyone-hate-data-cen...

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#53

Post by jiaosdjf »

The risk is that we rise up and violently lynch the elites when they try to implement autonomous AI mass surveillance backed by an army of robots to quell the growing unrest of unemployed "useless eaters".

It's a big risk and the only ways to mitigate it are either:

a) build the dystopian system quickly and violently killing all dissenters on sight

b) build a utopian system where robots build our houses, grow our food and serve us 24/7

Just a hunch they'll try option A.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#55

Post by sumeno »

jmalicki wrote: post #18
sumeno wrote: post #13

Earlier quoted context omitted.

I could easily find 5 people who hate SpaceX and yet that wasn’t mentioned as a risk I think you’re going to have to provide evidence that this is a commonly documented risk

"Our AI products and X platform are subject to complex and evolving U.S. and foreign laws and regulations regarding privacy, cybersecurity, data use, data combination, data protection, content, AI, competition, youth protection, safety, consumer protection and notification, advertising, e-commerce, sanctions, export controls, and other matters. Many of these laws and regulations are subject to change and uncertain in…

I should have specified the space part of SpaceX, of course the AI part has the same risk.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#56

Post by watwut »

azan_ wrote: post #19
watwut wrote: post #16

Earlier quoted context omitted.

And water. And oligarchs relations to Trump administration. And it way AI was forced everywhere. And how they get massive investments while rest of economu suffers. And doomtrolling. And how unappealing their culty vision of the world is. And plan to create monopoly. And how they claim to be creating doom machine. Like ... basically everyone can pick their reason to hate.

Isn’t data center water usage actually non-story?

It is a story. It is not global story, water usage is highly local.

But yes, they are building or want to build water thirsty datacenters at locales with water issues. So, yes, it is a story.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#57

Post by nozzlegear »

jryle70 wrote: post #20
dofm wrote: post #8

Earlier quoted context omitted.

“Everyone hates us and the very fundamentals of what we are promising, will fight to prevent us establishing infrastructure, may pass laws to limit our activities in their states, and will extend that hatred to our major investors, potentially materially damaging their businesses” is not a common thing in an IPO prospectus, I imagine, for quite obvious reasons. But that is the gist of the situation is it not? If it’s…

"Everyone hates us but they can't have enough of us. Our revenue can't stop rising" Anthropic's credit line is now $10B - [0], and the IPO is expected to beat or match SpaceX - [1] [0] https://finance.yahoo.com/technology/ai/articles/anthropic-p... [1] https://www.bloomberg.com/news/articles/2026-08-20/anthropic...

This doesn't really refute what they said. The fact that they make a lot of money doesn't mean the public doesn't hate them or that they won't find themselves facing anti-AI backlash in the near or far future.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#58

Post by seattle_spring »

simianwords wrote: post #9
jqpabc123 wrote: post #3

negative sentiment towards AI and data centers will be listed as a risk factor The fact that the technology can "hallucinate" and is unreliable is not just a "sentiment" --- it is a well established fact. And it is more than a risk, it is virtually guaranteed to happen if you use it repeatedly. Calling it "sentiment" is like an "alternative fact".

its a bit sad that the public can't grasp tools that have high variance but still end up being useful. lots of things in real life follow the same pattern yet when it comes to AI..

AI backlash is not because of "high variance"...

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#59

Post by 1123581321 »

sumeno wrote: post #55
jmalicki wrote: post #18

Earlier quoted context omitted.

"Our AI products and X platform are subject to complex and evolving U.S. and foreign laws and regulations regarding privacy, cybersecurity, data use, data combination, data protection, content, AI, competition, youth protection, safety, consumer protection and notification, advertising, e-commerce, sanctions, export controls, and other matters. Many of these laws and regulations are subject to change and uncertain in…

I should have specified the space part of SpaceX, of course the AI part has the same risk.

Market acceptance risk, geopolitical funding risk, reputational harm risk, for space flight and starlink specifically. The Musk risk section isn’t specific to AI.

Re: Anthropic IPO filing will show AI backlash as a risk factor, sources say

#60

Post by nozzlegear »

ToValueFunfetti wrote: post #52
dragontamer wrote: post #32

Earlier quoted context omitted.

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…

Just read this interview[1] the other day that contends that the blue collar workers, or at least their union leaders, are thrilled about the data center boom. There are loads of these projects underway and they show no sign of stopping, so the fact that it's only work for a few years per building hardly matters. Plus, the pay is great because the projects have to fight each other for labor. It also says that localit…

This is a very long interview, and I really don't think it's as rosy for AI as you're painting it. Jasmine makes it clear throughout that people are very concerned about data centers in their areas, and AI in general.

From the comments on that post, Rachel says:

> With all due respect to Nate and Jasmine I think they are overthinking why people hate data centers - it’s a fairly direct answer. People hate data centers because they are a tangible manifestation of a technology that is expected to take away their jobs and lifestyle, mess with their societal place and sense of self, and uglify their neighborhoods and the natural world, all while providing little obvious benefit to the regular person and the tantalizing prospects of all the weird elites they hate the most becoming brains in a jar who lord over them forever.

Bingo.

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