Comment by EA-3167

17 hours ago

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.

7 comments

EA-3167

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vlovich123  10 hours ago

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.

NavinF  16 hours ago

> 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

  • kochikame  16 hours ago

    > So I should short atoms and go long on bits right?

    That's not how I read that comment. I read it to mean that given the massive widespread destabilizers and headwinds out there in the world at large, there is going to be a depression/shock/crash no matter what Anthropic does or does not do.

    You can pile all your money into AI if you want; you still won't avoid it