Topic

Anthropic Pursues IPO, CEO Warns

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Anthropic pursued an initial public offering even as CEO Dario Amodei urged slowing advanced AI development, and the company projected roughly $100 billion in annualized revenue.

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Given this week's AI doomer hype, I'm going to repost this old essay from 2023 because, well, nothing has changed.

economicsfromthetopdown.com/2023/06/10/n...
No, AI Does Not Pose an Existential Risk to Humanity – Economics from the Top Down
I’m sick of the AI hype and scaremongering. The idea that AI could take over the world is laughable.
economicsfromthetopdown.com
September 18, 2026 at 10:15 PM

Reposted by Robert B. Reich

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NEW: One in five members of Congress reports investments in AI developers, chipmakers, cloud infrastructure providers, data center companies, or private AI startups, a Sludge analysis finds.

Here Are the Members of Congress Invested in the AI Industry readsludge.com/2026/09/18/h...
Here Are the Members of Congress Invested in the AI Industry
One in five members of Congress reports household investments in AI developers, chipmakers, cloud infrastructure providers, data center companies, or private AI startups, a Sludge analysis finds.
readsludge.com
September 18, 2026 at 2:32 PM
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are you getting as nervous as i am about the way artificial intelligence is currently being talked up and talked about.
how is it in our interests as the billionaires force feed it for their own profit??
what do you think??
September 18, 2026 at 4:21 PM

by Reid

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I think very highly of Lina Khan, but the trouble with a sort of common law approach to AI industrial policy under existing law is that it's premised on a highly optimistic view of extant competition and consumer protection law that is very hard to square with current political and legal reality.
spoke to Lina Khan today about the AI madness and what the hell we should be doing to hold these companies accountable (in a way that takes their power seriously but doesn't buy into every narrative) full pod coming in the AM!
AI firms are subject to already-existing laws, Lina Khan tells @cwarzel.bsky.social: Part of the conversation around regulating AI “seems to assume that these current developments are happening in some legal vacuum,” she adds, “and that is just false.”

theatln.tc/t9IwiQTz #TAF26
September 18, 2026 at 5:12 PM
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Raising the spectre of a powerful omnipotent technology catches the imagination of investors. Fear rather than hype is now the feedstock of the AI feeding frenzy. Beware major AI CEO’s offering to shape regulatory environments. AI legislation needed to mitigate AI harm and risk.
September 18, 2026 at 6:22 AM