I am not a finance pro, but is it not normal and expected for secondary equity markets to be hesitant against large unloads of pre-money company stocks, even in cases where the company in question isn't in water like OpenAI is? Does this not say more about the failure of the investors themselves in balancing their portfolio properly than OpenAI itself?
OpenAI's fall from grace as investors race to Anthropic
71–80 of 161 posts
Re: OpenAI's fall from grace as investors race to Anthropic
#72Earlier quoted context omitted.
Anecdotally, I would actually argue tbe opposite - Anthropic is overrated, ass-kissed way too much here for mediocre coding abilities (especially for Elixir). ChatGPT most of the time one-shots complex solutions in comparison. The only reason why people shit on OpenAI so much is because of the defence deal, but, it's not like Anthropic is a saint either: https://www.cnbc.com/2026/02/12/anthropic-gives-20-million-t...
Claude Code is IMO the benchmark today. For all of the various contexts I’ve used it in it has mostly oneshot the tasks I’ve given it and is very user friendly for someone who is not a professional software engineer. To the extent it fails I can usually figure out quickly why and correct it at a high level.
I think Codex is a better fit for professional software engineers. It's able to one-shot larger, more complex tasks than Claude and also does better context management which is really important in a large codebase.
On the other hand, I think Claude is more friendly/readable and also still better at producing out-of-the-box nice looking frontend.
Re: OpenAI's fall from grace as investors race to Anthropic
#73Earlier quoted context omitted.
I have appreciated Amodei’s brutal honesty about their intentions. On podcasts his attitude is basically “oh yeah all of you are basically fucked our products will take everyone’s jobs in a couple years.” Altman is a lot more coy and comes across as saying what’s politically expedient at any given point in time.
> On podcasts his attitude is basically “oh yeah all of you are basically fucked our products will take everyone’s jobs in a couple years.” I also appreciate his honesty, and don't really understand why the others don't emulate it because there's no cost to them to be honest. At every level of society we've decided to stick our heads in the sand and pretend like this very large tsunami isn't racing toward the coast,…
Because it isn’t honest, it is investor hype that these frontier labs need people to believe despite obviously hitting the sublinear part of the improvement curve.
“It’s so dangerous, we’ve reached AGI, we just have to release models that are obviously incapable of abstraction for your safety”
Re: OpenAI's fall from grace as investors race to Anthropic
#74Earlier quoted context omitted.
Anecdotally, I would actually argue tbe opposite - Anthropic is overrated, ass-kissed way too much here for mediocre coding abilities (especially for Elixir). ChatGPT most of the time one-shots complex solutions in comparison. The only reason why people shit on OpenAI so much is because of the defence deal, but, it's not like Anthropic is a saint either: https://www.cnbc.com/2026/02/12/anthropic-gives-20-million-t...
Why pick elixir specifically here? I’m using opus/sonnet via Claude code for a moderately complex personal project built on phoenix and have had a good experience
Yeah, I've been building a fairly complex app with Claude and it has been great. Backend stack is a Go service, with TS front end and a solver running or-tools in Python.
I do think I do a good job of being very structured at breaking down my requirements and acceptance criteria (thanks dual lives as a devops and SRE guy and then PM). Extensive unit testing, discipline in use of sessions and memories and asking it to think of questions it should be asking me before even formulating a plan.
Re: OpenAI's fall from grace as investors race to Anthropic
#75I don’t know how OpenAI screwed this up. They had the best tech, the largest installed base, the best brand recognition. And somehow instead of prosecuting the lead in all areas, they got all hubristic and sloppy and just failed to iterate on the core product, while also failing to respond quickly when Anthropic showed that coding agents are the flywheel that makes the whole company faster. It’s like they thought the…
Aside from the fabricated drama and the trend chasing, OpenAI still has the best overall model and API service. Anthropic is really good, no doubt. But gpt-5.4 is a better model than even Opus, even if its a marginal advantage. I use both.
Re: OpenAI's fall from grace as investors race to Anthropic
#76Earlier quoted context omitted.
Sam lost the plot for me. He took too many interviews which led me to not trust him. Last straw came with him standing by Anthropic one day then throwing them under the bus the next. He showed little awareness on why that is problematic.
I have appreciated Amodei’s brutal honesty about their intentions. On podcasts his attitude is basically “oh yeah all of you are basically fucked our products will take everyone’s jobs in a couple years.” Altman is a lot more coy and comes across as saying what’s politically expedient at any given point in time.
We still think Amodei is honest and his hype recycling is not ultimately incredibly self serving?
Re: OpenAI's fall from grace as investors race to Anthropic
#77I don’t know how OpenAI screwed this up. They had the best tech, the largest installed base, the best brand recognition. And somehow instead of prosecuting the lead in all areas, they got all hubristic and sloppy and just failed to iterate on the core product, while also failing to respond quickly when Anthropic showed that coding agents are the flywheel that makes the whole company faster. It’s like they thought the…
Sam lost the plot for me. He took too many interviews which led me to not trust him. Last straw came with him standing by Anthropic one day then throwing them under the bus the next. He showed little awareness on why that is problematic.
> Sam lost the plot for me. He took too many interviews which led me to not trust him. Last straw came with him standing by Anthropic one day then throwing them under the bus the next. He showed little awareness on why that is problematic.
It should have become clear to all that he was an untrustworthy person when he was fired from OpenAI by its then-board. My understanding is their complaint was he was lying, untrustworthy, and manipulative; and enough stories came out at the time to confirm that.
Re: OpenAI's fall from grace as investors race to Anthropic
#78Odd timing...Everything I've read about Claude the last several days suggests that its users are disappointed, even furious at what's happened to its performance.
I probably use a couple thousand session hours monthly between work & personal; very pleased with the results I get.
But I’m not necessarily oozing about it online — vocal minority and all.
Re: OpenAI's fall from grace as investors race to Anthropic
#79Earlier quoted context omitted.
Anecdotally, I would actually argue tbe opposite - Anthropic is overrated, ass-kissed way too much here for mediocre coding abilities (especially for Elixir). ChatGPT most of the time one-shots complex solutions in comparison. The only reason why people shit on OpenAI so much is because of the defence deal, but, it's not like Anthropic is a saint either: https://www.cnbc.com/2026/02/12/anthropic-gives-20-million-t...
Why pick elixir specifically here? I’m using opus/sonnet via Claude code for a moderately complex personal project built on phoenix and have had a good experience
Claude is good, I'm definitely not saying it's bad. But if you work with LiveView, it will tend to choose more complexity over simplicity. Weirdly enough I have a feeling it's trained more on Python/Ruby (Object oriented paradigms) style code than functional code, so it tries to get things done not so functionally.
Re: OpenAI's fall from grace as investors race to Anthropic
#80I don’t know how OpenAI screwed this up. They had the best tech, the largest installed base, the best brand recognition. And somehow instead of prosecuting the lead in all areas, they got all hubristic and sloppy and just failed to iterate on the core product, while also failing to respond quickly when Anthropic showed that coding agents are the flywheel that makes the whole company faster. It’s like they thought the…
Aside from the fabricated drama and the trend chasing, OpenAI still has the best overall model and API service. Anthropic is really good, no doubt. But gpt-5.4 is a better model than even Opus, even if its a marginal advantage. I use both.
Do you feel the companies' positionings are only marginally different in the same way the product is only marginally different?