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originalvichytoday at 9:12 AM6 repliesview on HN

You would think you’re investing in a software technology company, but after reading a bit of news stories, you realize you’re quite literally funding war crimes. If I invested in an arms company, I’d have reasonable expectations about what I invest in. Investing in Anthropic at surface level looks like investing in software for hobbies and business.

It’s pretty depressing to be honest. I don’t know how I could work in any of these military industry companies.


Replies

mrweaseltoday at 9:49 AM

Normally Danish pension companies and banks will refuse to invest your money in weapons manufactures (unless you have a lot of money, then they apparently don't care). But as long as your money is invested as a pool, they won't do weapons.

I think you're right that e.g. Anthropic wouldn't be on the block list, because: It's an IT company, and I suspect that even Palantir might make the cut. It is fairly annoying, because my pension fund won't invest in Rheinmetall, SAAB or Kongberg, which I think they should, but they will probably invest in Anthropic, OpenAI, and SpaceX, which I don't really like.

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andsoitistoday at 9:24 AM

All major indices have always included defense contractors.

Also, when you buy into an index fund, you are not funding the companies that the index tracks. That’s a misunderstanding of how the markets and index funds work.

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bauerdtoday at 9:55 AM

>I don’t know how I could work in any of these military industry companies.

You'd sing a different song quite quickly once the threat stops being abstract as you don't get to free-ride on the security a defense industry provides.

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cjtoday at 11:29 AM

Replace "war crimes" with "hardware" and it's an equally good reason not to invest.

They're valued like software companies, but they have terrible margins compared to software. Investors haven't figured out how to value these companies.

ekianjotoday at 9:22 AM

> you’re quite literally funding war crimes

What difference with Microsoft, amazon and google? They all heavily support the military.

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3683826312819today at 11:08 AM

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