Anthropic C.E.O. Says A.I. Tech Is Solid, But Massive Spending Poses Risk

“Are we overspending? Does the math of all of this make sense?” “So this is really complicated, and I want to separate out the technological side of it from the economic side of it. On the technological side of it, I feel really solid. I think I’m one of the most bullish people around, and I think it pencils out. And the thing that is most striking about all of it is as you train these models in this very simple way with a few simple modifications, they get better and better at every task under the sun. If I just take Anthropic itself, which because we work so much in the enterprise side, I think we’re a good barometer, maybe a pure barometer than the others, which filter through consumers, which kind of have their habits and their use cases. We look at our revenue. It’s grown 10x a year, every year for the last three years. Will it continue? I don’t know. But the technology is driving there and the economic value is coming with it. It will — that trend is going to slow down for sure, but it’s still going to be really fast. And so I have this confidence that the ultimate — eventually the economic value is, eventually the economic value is going to be there.”