r/technology • u/CarciaNerissa • 1d ago

Artificial Intelligence Anthropic logged net loss of over $80 billion in first half of 2026

https://www.reuters.com/business/anthropic-recorded-net-loss-over-80-billion-first-half-this-year-wsj-reports-2026-10-20/
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u/CanvasFanatic 1d ago edited 1d ago

Oh yeah let’s not forget helping to absolutely wreck the education system.

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u/bollvirtuoso 23h ago

Guys, you're forgetting the $100 million a fucking day being lit on fire inside of GPUs. Wait until that goes out of the economy.

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u/Fuzzy_Inevitable9748 1d ago

Don’t worry they are working on the financial industries and medical as well, because these are industries where we need something that can just make up shit.

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u/MegaGorilla69 22h ago

Mortgage lending won’t touch it. Ancillary stuff sure but underwriting and origination will be a human driven process likely forever. AI is terrible at catching fraud and failed almost every metric we tested it on. Also nobody is willing to be the company who uploaded 50 thousand SSNs to anthropic.

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u/172brooke 1d ago

I cant wait to see the fallout of not knowing if someone used AI or not to write papers in college.

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u/julesburne 1d ago

It's really obvious when someone used AI to write something, especially if you're familiar with their writing style. Any teacher worried about this should drop a quick handwritten assignment on day one and use it as a benchmark for what the students' writing voice sounds like.

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u/Silver_Violets 23h ago

You can have AI write a paper and then rephrase every sentence in your own voice. That still reduces like 90% of the work?

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u/julesburne 22h ago

That's about the level of work we put into rewording CliffNotes when I was in HS. If kids are reading and working with the material, even if you tricked them into it, that's progress.

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u/Silver_Violets 22h ago

I didn't have cliffnotes so I guess I just suffered the hard way, haha

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u/RagePoop 1d ago

I'm a college professor so let me tell you there's no need to worry about that. Because the answer is they did.

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u/Silver_Violets 23h ago

It's scary to think professionals will graduate with vastly less learning and effort involved 🤯 is the solution more tests and less papers? I have no idea. I spent years refining critical thinking skills with all the reading and writing in school...

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u/172brooke 15h ago

How about... fewer papers?

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u/Silver_Violets 9h ago

It's still a loss, but yeah. It's hard to build those critical thinking skills.

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u/172brooke 8h ago

Math class doesn't have that issue.

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u/bigtice 22h ago

"We see a future where intelligence is a utility like electricity or water, and people buy it on demand to do whatever they want." - Altman

Of course, undermining our education system so they can turn around and literally profit from it by making people pay for it.