This is so dumb. Let the market figure it out. If it goes public and crashes, we get a valuable answer that saves tens of billions of wasted capital investment. If it floats, the dude who posts nonsense math can keep filling his subscriptions.
As far as your claim, it's fine to say let the market sort it out, but perhaps consider that pension funds and index funds now represent a market distortion that means anthropic crashing is harder and even if it does would happen after the mandatory purchases by the index funds which is basically a transfer from the public to the insiders at anthropic
How many dollars do you think are forced to purchase these companies’ shares?
Doing so by blocking you from going public while doing nothing about selling anthrax would be at approximate the level of this proposal's dumbness.
> we should actually just put a cap on how much hardware data centres can buy per year
Imagine if legislators had, in the 1980s, limited computer memory to 640 KB [1]?
[1] https://www.computerworld.com/article/1563853/the-640k-quote...
That's the policy priority you think we should be focussing on as a nation right now? GPU affordability?
Also, total hardware supply is a function of price. If prices don't go up production doesn't rise. At that point, the government decides who gets what quotas. How do you think that's going to go with our current regime?
That's why people want the IPO to be blocked because we've seen what happens before.
Why does OpenAI getting a bail-out depend on its registration status?