If it requires humans in the loop it throws cold water on the hopes of replacing millions of jobs, which is priced into their current valuation.
If it requires humans in the loop it throws cold water on the hopes of replacing millions of jobs, which is priced into their current valuation.
It's not, if it was their valuation would be much, much bigger.
eh, farming still requires humans in the loop, only <1% of the number that it used to
OpenAI/Anthropic have never pitched themselves as a replacement for farmers. They do explicitly say that they're going to cause significant job loss in knowledge work sectors all the time.
Right - I'm saying that you can greatly improve productivity / reduce employment while still having humans in the loop. We've already seen it happen with farming, from 1900 -> present.
Oh thank you, yes that makes way more sense.
Woosh.