Cramer Hyped Anthropic’s IPO, Then Its Own Researcher Put 10% Odds on AI Killing Us
Jim Cramer's enthusiasm for Anthropic's potential IPO was short-lived, as his own research revealed a concerning 10% probability of AI causing human extinction. Within 14 hours of endorsing the private AI lab, Cramer used a surgery analogy to dismiss the safety researcher's odds, deeming them unacceptable. Anthropic's Evan Hubinger had written that he sees a greater than 10% chance of AI causing mass extinction, which further alarmed Cramer.
The researcher's departure from Anthropic and his resignation letter highlighted the lab's focus on developing superintelligence, which he described as a dangerous gamble. Cramer's previous forecast of a potential $1 trillion IPO for Anthropic had him warning investors to be prepared to sell off other stocks to participate in the offering.
Meta, however, continued to perform well, with a 27.96% year-over-year revenue growth and a 16% decrease in support costs due to its AI assistant.
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