People involved in Anthropic will be catapulted to a new level of wealth for sure. The problem is the regular Joe investing his savings in Anthropic, thinking he is going to be catapulted as well ...
There's still time for them to be left holding the bag, much like OpenAI has been forced to for the time being. Even if people here believe that the economic activity in this sector doesn't represent a bubble, at least they can see the warning signs as a result of trade and literal war, 10-year yields are back over 5%, oil and diesel are going sky high, and there's no quick fix to any of it even if our leaders were willing and capable of trying.
So personally I understand why Anthropic is only concerned about finding bag holders rather than ethics, decency, legality, responsibility, humanity, or a modicum of thought beyond their own selfish desires.
That’s one framing. Another is that if the company is successful in their mission it’s going to be really hard to find employment. From that perspective investing a little bit in these companies can be seen as a hedge against that situation.
> trade and literal war, 10-year yields are back over 5%, oil and diesel are going sky high
So I should short atoms and go long on bits right? Everything you listed is horrible for hardtech, but has minimal impact on software.
Reminds me of the spacex IPO. HN claimed it would crash, but I noticed that nobody on HN used prediction markets to short it the day before IPO. Meanwhile I bought in and sold some after the 20% pop. I should start a reverse-HN fund
Amen. One would hope that these companies, if they truly want to engage in scientific research, would pursue established routes in announcing results and having them validated/refereed independently. But no, this is PR.
Its akin to former announcements of "cold fusion", until assessed and verified independently.
People involved in Anthropic will be catapulted to a new level of wealth for sure. The problem is the regular Joe investing his savings in Anthropic, thinking he is going to be catapulted as well ...
There's still time for them to be left holding the bag, much like OpenAI has been forced to for the time being. Even if people here believe that the economic activity in this sector doesn't represent a bubble, at least they can see the warning signs as a result of trade and literal war, 10-year yields are back over 5%, oil and diesel are going sky high, and there's no quick fix to any of it even if our leaders were willing and capable of trying.
So personally I understand why Anthropic is only concerned about finding bag holders rather than ethics, decency, legality, responsibility, humanity, or a modicum of thought beyond their own selfish desires.
That’s one framing. Another is that if the company is successful in their mission it’s going to be really hard to find employment. From that perspective investing a little bit in these companies can be seen as a hedge against that situation.
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> trade and literal war, 10-year yields are back over 5%, oil and diesel are going sky high
So I should short atoms and go long on bits right? Everything you listed is horrible for hardtech, but has minimal impact on software.
Reminds me of the spacex IPO. HN claimed it would crash, but I noticed that nobody on HN used prediction markets to short it the day before IPO. Meanwhile I bought in and sold some after the 20% pop. I should start a reverse-HN fund
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Let's not pretend it's the regular joe that put all their savings into $FOO. It's degen gamblers that want those thousand percent gains.
[dead]
oh he'll be catapulted all right.
Amen. One would hope that these companies, if they truly want to engage in scientific research, would pursue established routes in announcing results and having them validated/refereed independently. But no, this is PR. Its akin to former announcements of "cold fusion", until assessed and verified independently.