Is anyone keeping track of all these “partnerships” and “investments” in one place? This is all turning into a ton of what looks like PR fodder that appears to go nowhere.
This doesn't seem to be investment focussed activity, but rather extending Claude credits for education and research. Which is a good thing, independent of other bad things that might be happening.
Anthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.
There are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.
Ed Zitron[1] has a lot of articles and podcast episodes on these deals. The nice thing about it is that he occasionally revisits the old announcements to check what happened with them. Apparently a lot of these deals just evaporate after prolonged contact with reality.
Compared to the insanely circular deals that OpenAI made? I have slight more confidence in Anthropics partnerships honestly. This is the Gates foundation dropping 200 million for use of Claude for medical research, unlike OpenaAIs weird "we will buy stuff off you in the future" but I don't know that they actually ever have or did.
A lot of the recent news just makes me think much worse of Anthropic.
If you're going to partner with a charitable Gates, choose the good one (though to be fair, she's probably going to be far more discerning).
And Anthropic's decision to become complicit in poisoning Memphis with Grok's methane turbines already put the lie to the idea they are the conscientious ones when it comes to large AI companies.
He spent most of that effort undermining proven solutions and propping up his own investments which have a poor record so this is not out of character.
The helped easing up on the resources of Earth with his investment in certain pharma companies and now owns a giant amount of the farmland of the US too.
Any given year congress could pass something letting farmland owned before X date be passed to your children without taxes. I've seen lots of congressmen telling sob stories about a constituent losing the 8-figure family farm due to taxes. Gates owns the farmland personally, not in the foundation. But it could just be diversifying assets. Lots of tech billionaires buy up lots of land.
To explain: first, they did not pay proper taxes, in particular the older Evil here. But even more importantly, in the USA a foundation can own patents, among other things. They need to give out a certain % on a yearly basis, but basically it is a corporation.
They were a little late, but did have the dominant browser for most of the 2000's. To say they "missed the boat" is a bit much. There was a dark period from 1999 to 2004 or so where IE was basically the only usable browser.
Is anyone keeping track of all these “partnerships” and “investments” in one place? This is all turning into a ton of what looks like PR fodder that appears to go nowhere.
This doesn't seem to be investment focussed activity, but rather extending Claude credits for education and research. Which is a good thing, independent of other bad things that might be happening.
And a sizable tax deduction.
Who profits from that deduction and how?
Anthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.
One assumes Anthropic given it's them doing the donating, but you also have to be actually making a profit to be paying tax.
There are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.
Ed Zitron[1] has a lot of articles and podcast episodes on these deals. The nice thing about it is that he occasionally revisits the old announcements to check what happened with them. Apparently a lot of these deals just evaporate after prolonged contact with reality.
[1] https://www.wheresyoured.at/
Compared to the insanely circular deals that OpenAI made? I have slight more confidence in Anthropics partnerships honestly. This is the Gates foundation dropping 200 million for use of Claude for medical research, unlike OpenaAIs weird "we will buy stuff off you in the future" but I don't know that they actually ever have or did.
A lot of the recent news just makes me think much worse of Anthropic.
If you're going to partner with a charitable Gates, choose the good one (though to be fair, she's probably going to be far more discerning).
And Anthropic's decision to become complicit in poisoning Memphis with Grok's methane turbines already put the lie to the idea they are the conscientious ones when it comes to large AI companies.
Welp, time to make sure your triple F reserves are stocked up.
So... Does the Gates foundation get an equity stake?
Bill Gates, famous climate activist? Mmm.
He spent most of that effort undermining proven solutions and propping up his own investments which have a poor record so this is not out of character.
Let's also not forget his wife divorcing him over his Epstein partying.
The helped easing up on the resources of Earth with his investment in certain pharma companies and now owns a giant amount of the farmland of the US too.
> now owns a giant amount of the farmland of the US too.
What for though? I always hear this, but what's the point of it?
Any given year congress could pass something letting farmland owned before X date be passed to your children without taxes. I've seen lots of congressmen telling sob stories about a constituent losing the 8-figure family farm due to taxes. Gates owns the farmland personally, not in the foundation. But it could just be diversifying assets. Lots of tech billionaires buy up lots of land.
Don’t forget: friend of notorious pedophile jeffery epstein.
Evil & Evil unite.
To explain: first, they did not pay proper taxes, in particular the older Evil here. But even more importantly, in the USA a foundation can own patents, among other things. They need to give out a certain % on a yearly basis, but basically it is a corporation.
Pedos Foundation
The gates foundation: money laundering and influence purchasing for billionaires who occasionally want to slip their wives antibiotics.
Is that $200M with the prompt cache at five minutes, or one hour?
Gates missed the boat with the internet. This is not going to happen a second time!
They were a little late, but did have the dominant browser for most of the 2000's. To say they "missed the boat" is a bit much. There was a dark period from 1999 to 2004 or so where IE was basically the only usable browser.
… i’m still seeing a therapist about this time period.