Concentration Risk(wheresyoured.at) |
Concentration Risk(wheresyoured.at) |
Concentration risk is any single exposure or group of exposures with the potential to produce losses large enough (relative to capital, total assets, or overall risk level) to threaten a financial institution’s health or ability to maintain its core operations. (from https://ncua.gov/regulation-supervision/letters-credit-union...)
80% Of OpenAI And Anthropic’s Enterprise Revenues Come From 1% Of Its Customers, Which Skew Heavily Toward AI Startups Subsidized By Venture Capital
Anthropic and OpenAI Are Dependent On Artificial Revenue Driven By Unprofitable Venture-Backed AI Startups For Billions Of Dollars Of Revenue
They add a note that:
> with the caveat that it doesn’t include massive players like Microsoft or major banks, and customers can opt out of being included in research.
From a recent Dwarkesh interview with Dylan Patel it sounded like Jane Street might be double digits of Anthropic's revenue, but I'm not sure where they sourced that.
The "we help you fire your people" messaging has been a catastrophe but there have clearly been breakthroughs in code generation with more to be discovered.
I suspect AI becomes more like the steam engine, the railroads, or electricity, transforming society but leaving it fundamentally recognizable. Reasonable men may differ.