Anthropic S-1: if AI builds AI and they go all in on legal, here's what happens to Legal AI ecosystem
Anthropic S-1: if AI builds AI and they go all in on legal, here's what happens to Legal AI ecosystem
Even my neighbor's dog can tell you Anthropic lost $80.7B, but $72.4B of that is accounting plus they committed to $518B+ in compute
That's fine bc they locked in prices on something that will become very, very scarce. Plus I suspect AI will make AI smarter thus drive down training costs
Now what happens to Legal AI? 3 implications based on valuations 👇🏽
- Top-valued companies can only merge or stock swap, bc no one has the cash to buy them.
Everyone is borrowing money to buy compute Meta, Google, Microsoft so even fluffy 🐶
As long as interest rates remain high, IPO's are off the table 👉🏽 https://lnkd.in/e44BM2wr
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Mid-tier legal AI has a shot at getting acquired for cash
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Everyone else gets acqui-hired or crushed (same thing)
Is there a way out? Litigation, Events, Education and other human 2 human exchanges in legal will still be highly valuable
What happens to law firms? The answer is in episode #3 chapter 'Leverage' on Spotify 👉🏽 https://lnkd.in/eruYgA4U
What this means for me, as an introvert? Fluffy is all I need 😇
Legalcomplex.com/dash
