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▲ deepwoods 3 hours ago

Your question gets to the heart of who or what a company "is." If you don't pay dividends to your shareholders, what are you doing with all of your profits? I suppose they could just tell their investors to pound sand and pour it all back into the company, but part of the AI maximalist theory is that costs will approach 0, so it's not clear what they'd even need the money for. I guess Dario could raise his own salary to infinity trillion dollars, but he is accountable to a board of directors (and a trust in this case), so that seems like it's out.

Really the only scenario where Anthropic could screw over its investors in the way you're describing is if it could also take over the legal system and modify its own contractual obligations. Which, I mean, I guess anything is possible if we are in AI maximalist-land. But "AI is the law now" would be a much bigger story than "investors frustrated with low dividends."