Why are #openai and #anthropic under more scrutiny than everyone else in big tech?
Why are #openai and #anthropic under more scrutiny than everyone else in big tech?
Description
Public media criticism of OpenAI and Anthropic stems from their rapid private wealth accumulation
Transcript
When I look at a Google, or an Amazon, I started to just chart their, you know, history in a little bit more detail this weekend, and you think, looking at a Google, you're taking, you know, 20 or so years to get to a trillion dollar valuation. Most of that is a public company. Yeah. You're looking at a Meta, it's quicker. So, you know, you're looking at kind of 10-11-ish years to get to a trillion dollar evaluation. Again, a lot of that is a public company, where the perception is that the public can invest and retail investors and share some of that growth. I think again, one of the big differences for Anthropic and OpenAI, aside from the absolutely unprecedented growth rate, so to get to a trillion in three years, it's just, I think it's hard for people to fathom. It's just, it's hard to understand and believe. And I think this separate point to that is that a lot of that has been done privately. True. So, the public, because they haven't gone public yet, all that value creation has accrued to the founders and the, and the early investors. True. And so there's a feeling that the public is really not getting any, they're not getting any of this slice or any of this benefit.

