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Anthropic before IPO: entire insurance industry couldn't cover AI losses
Anthropic, set to debut on the stock exchange in two weeks, devoted over 90 pages of its prospectus to describing risks from artificial intelligence development. The company warns of catastrophic AI consequences and claims potential losses could exceed the entire insurance industry's ability to cover them. This is an exceptionally pessimistic picture painted by one of the leading AI firms before its market debut.
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