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Unless something about their current trajectory changes, anthropic will be the most powerful monopoly ever created
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in human history. >> Oh, >> we know that tech markets have a history
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of consolidating down and turning into either monopolies or duopolies. And if you just look at the revenue right now,
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there's only two companies making substantial revenue on AI. It's Enthropic and Open AI. Anthropic is
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growing at an exponential 10x a year. And if they just do that for 18 more months, they'll be by far the most
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valuable company in human history. And they'll have unprecedented control over
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the most important technology of our time. So I don't know what you call that, but it is something to think
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about. And I guess I do have a thought experiment for you guys, which is I just want you to think for a second about the
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case of John D. Rockefeller, who I think is known as probably the most successful, most ruthless monopolist in
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American history, but he wasn't very good at PR. He was terrible at PR. Everyone sort of recognize how ruthless
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he is. We've seen movies like There Will Be Blood, which is basically about him.
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In any event, imagine if John D. Rockefeller was way better at public relations, and instead of calling his
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company Standard Oil, he called it safe oil because, as we know, kerosene is dangerous. Their first big product was
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kerosene. And kerosene can light your house or it can burn it down. And in the wrong hands, it can torch a city or you
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can use it to make a bomb. So John D, let's say, should have called for the creation of a new government agency to
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regulate the safety of his product. And they could have done rigorous testing, licensing, common sense regulation.
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There would have been a very intense debate over safety standards. You know, what should the proper wick thickness
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be? And should we allow all those dangerous independent refiners, right? And I think people would have gotten so
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wrapped up in this debate over what constituted safe oil or safe kerosene that they would have missed what was
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really going on, which is that Rockefeller was building the richest, most powerful monopoly of all time. In
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fact, people might even have called Rockefeller an effective altruist because, of course, he was so concerned
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about the safety of his product. I love him.