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Anthropic's S-1 lists 94 pages of risk factors and warns that the "scale of harm" from a "catastrophic" AI incident might mean it is unable to obtain insurance (Wall Street Journal) Main Link | Techmeme Permalink

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Overall, the risks seem enormous. If you invest your money, you're buying a piece of a company with no shareholder control and massive legal liabilities and regulatory risk at a price that starts with an assumption of x100 growth while somehow maintaining high margins that survive all competition.