Anthropic isn't selling that, that's the point. Anthropic is selling "coding is solved", worth $1tn.

If they keep hiring developers and LLMs need huge procedural harnesses, then the hypocrisy is open for all to see. And worse for them, it probably means their business model is worth maybe 5-10x what Jetbrains is worth, not $1tn.

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BetterThanSober an hour ago | parent [-]

I agree that "coding" isn't solved but LLMs needing a harness is not necessarily a huge hit on AI

As for valuation, it's all a grift, always has been for anything hip in tech. SpaceX should've been in the $500b range and they have an actual rocket and working satellite constellations

	▲	oblio 24 minutes ago \| parent [-]
		LLMs needing harnesses is a hit on AI because it means LLMs can't be extended a lot (or indefinitely as AI boosters hope). We're back to (enhanced) expert systems from the 80s and nobody is excited about those. And regarding SpaceX, SpaceX even without xAI didn't make a ton of money and it's business initiatives are super long horizon things. Moon bases won't be profitable for at least 10 years and Mars bases probably for 20+. Also, even though they are behind, competition is moving. China caught their first rocket yesterday (and we know they can move fast), BlueOrigin is behind but they have the money to keep going. The EU and India will keep investing and developing as rockets are a core concern for both, at some point they will have reusable rockets. These huge valuations for SpaceX are predicated on winner takes all mechanics, which are mostly software based. Many markets don't work like that since the cost to get another unit of revenue increases linearly with that unit. Not like software where extra copies and customers are basically free.