must feel good to be an Anthropic co-founder > help build chatgpt at OAI by training on world's collective knowledge > keep model weights closed to extract max profit from every token you sell > leave and launch a direct competitor > spend years and millions lobbying washington on how dangerous your own models are > get designated a supply chain risk by the pentagon and fail to ban OSS anyway > pay $1.5bn to settle over 500k pirated books (while watching equity value rocket past $2tn) > predict you will soon create a "country of geniuses in a data center", warn that half of entry level white collar jobs will vanish, and sell the dream of curing cancer > have your staff call it presumptuous to expect your company to make money > meanwhile have your company buy back your shares above fair value, then sell again in a second tender and into the IPO > pledge 80% to charity, which your own s1 calls "voluntary, revocable" and "not legally binding" > keep a fixed 50.1% of the votes through one share, even after selling 98% > help pick the trustees who pick the board > park 5% of the company in a "public benefit fund" you co-run > have shareholders cover the private jet for personal use > call it a public benefit corporation anyway

if a corporate tried to bribe the public into underwriting its IPO (+ absurd insider windfalls that come with it), this'd be pretty much what you'd expect to see? I have a better idea: you'll give the shares directly to the public and we add 3-year lockups for insiders on top

just read @insane_analyst last memo lol goated and yes - labs must go public bc private markets/ masa tapped out, and so game has become luring smooth brained pms in buying their bs (also VCs and employees want to get rid of their tulips before they rot) will be fun