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The Anthropic Economic Index

anthropic.com

41–50 of 238 posts

Re: The Anthropic Economic Index

#41
post #13

Seems like Anthropic has too much money on their hands and are looking for ways to spend it. It’s surprising to see lean AI startups accumulate fat so quickly. Usually this sort of wheel spinning is reserved for large corporations. And it’s not just them. To me this trend screams “valuations are too high”, and maybe hints at “progress might start to stagnate soon”.

I am inclined to agree. If you’re at the precipice of automating or transforming knowledge work and the value for being the first is nearly infinite (due to “flywheel effects”), why would you dedicate any energy to studying the impact of AI on jobs directly? The thesis is everything changes.

I think AI in its current iteration is going to settle into being like a slightly worse version of Wikipedia morphed with a slightly better version of stackoverflow.

Re: The Anthropic Economic Index

#42
post #13

Seems like Anthropic has too much money on their hands and are looking for ways to spend it. It’s surprising to see lean AI startups accumulate fat so quickly. Usually this sort of wheel spinning is reserved for large corporations. And it’s not just them. To me this trend screams “valuations are too high”, and maybe hints at “progress might start to stagnate soon”.

Anthropic is a Public Benefit Corporation whose governance is very different from a typical company in that it doesn’t put shareholder ROI above all else. A majority of its board seats are reserved for people who hold no equity whatsoever and whose explicit mandate is to look out for humanity.

https://www.anthropic.com/news/the-long-term-benefit-trust

https://time.com/6983420/anthropic-structure-openai-incentiv...

Re: The Anthropic Economic Index

#43
post #13

Seems like Anthropic has too much money on their hands and are looking for ways to spend it. It’s surprising to see lean AI startups accumulate fat so quickly. Usually this sort of wheel spinning is reserved for large corporations. And it’s not just them. To me this trend screams “valuations are too high”, and maybe hints at “progress might start to stagnate soon”.

I am inclined to agree. If you’re at the precipice of automating or transforming knowledge work and the value for being the first is nearly infinite (due to “flywheel effects”), why would you dedicate any energy to studying the impact of AI on jobs directly? The thesis is everything changes. I think AI in its current iteration is going to settle into being like a slightly worse version of Wikipedia morphed with a sli…

I think that strongly underestimates the impact LLMs, especially reasoning models, have on how code is written today.

Re: The Anthropic Economic Index

#45

I wish Anthropic luck. The company seems to be operating in a classic failure mode: being more concerned with its industry than its competitors and customers. See the first few points here: https://brief.bismarckanalysis.com/p/27-insights-from-three-... Where I could be wrong is the CEO is technical, however most of what I hear from them is about industry and social impact instead of product.

> however most of what I hear from them is about industry and social impact instead of product Have you considered that, since they are a public benefit corporation staffed with people who left OpenAI in part due to more capitalistic pursuits, this is by design?

I am saying they are choosing to operate inside a failure mode, not that they are doing so accidentally.

Re: The Anthropic Economic Index

#50
post #42
post #13

Seems like Anthropic has too much money on their hands and are looking for ways to spend it. It’s surprising to see lean AI startups accumulate fat so quickly. Usually this sort of wheel spinning is reserved for large corporations. And it’s not just them. To me this trend screams “valuations are too high”, and maybe hints at “progress might start to stagnate soon”.

Anthropic is a Public Benefit Corporation whose governance is very different from a typical company in that it doesn’t put shareholder ROI above all else. A majority of its board seats are reserved for people who hold no equity whatsoever and whose explicit mandate is to look out for humanity. https://www.anthropic.com/news/the-long-term-benefit-trust https://time.com/6983420/anthropic-structure-openai-incentiv...

Put this and 'dont be evil' and 5 dollars in my hand and I'll give you a cup of coffee.
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