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Jcampuzano2today at 2:55 PM8 repliesview on HN

If someone is genuinely afraid of this, they wouldn't IPO in the first place. All the talk in the article about commercial incentives means nothing when the company plans to IPO and become beholden to investors.


Replies

0xDEAFBEADtoday at 3:04 PM

Aren't they beholden to investors already? Why would an IPO make a big difference?

In any case, if they need to IPO in order to survive as a company, then bringing in regulators to act as a counterweight against commercial pressures makes a lot of sense to me.

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ahsillymetoday at 3:14 PM

Assuming they can achieve funding without IPO probably yes. But if they can't there's always the dilemma that "if [good guys] won't do it then [bad guys] will". I'd like to think that the leadership at anthropic is principled even if the actions of the company as a whole has been less than stellar morally speaking. I'd be curious to see their moral calculus transparently laid out in public.

credit_guytoday at 4:18 PM

I don't think Anthropic and OpenAI will IPO at all. Word is that Anthropic will have $100 BN in revenues this year, and very likely OpenAI will get some similar amount. You IPO when you need money, and I think Anthropic and OpenAI are past that point.

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gewatoday at 3:06 PM

We are still living in a capitalistic society. We have to find a solution which is responsible, safe and returns on the investment. The commercial aspect can be true at the same time.

tcdenttoday at 4:09 PM

Read other writing by Anthropic about potential future financial implications of AI. [1]

IPO is a vehicle for future wealth distribution. It leverages existing financial frameworks in order to span the gap from before-to-after without having to convince the system that future is inevitable.

[1] https://www-cdn.anthropic.com/files/4zrzovbb/website/9ea607a...

enraged_cameltoday at 4:02 PM

>> ...and become beholden to investors

Anthropic is structured as a Public Benefit Corporation with a strong charter. In addition, founders will have super-voting shares and so it won't be possible to push them out. Therefore the whole "beholden to investors" thing is not a concern.

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jimmydoetoday at 3:40 PM

Ant: I'm doing very bad things right now, but I can't stop myself, you must stop me if you can. If you don't, that will be on you, not on me.

OAI: <silence>

Which is worse? I don't think they differ by much. It's just Capitalism, but accelerated.

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Jordan-117today at 4:22 PM

It's almost like the people at Anthropic and other AI labs are slaves to a misaligned reward function that encourages optimization of a metric (profit) over human values, even at what they claim is the risk of extinction.

We built the paperclip maximizer, and it is capitalism.

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