Anthropic IPO’s Disclosure Risks Are Due Diligence in Safety
This piece was originally published by Bloomberg Law.
Anthropic PBC’s massive S-1 form for its initial public offering raised eyebrows for describing how its technology could cause catastrophic harms to the whole of humanity.
While investors can decide whether to accept Anthropic’s financial risks, people exposed to harm from its models may have no such choice. Anthropic’s S-1 disclosures and other measures demonstrating transparency may be laudable, but the public ultimately will have to be protected by laws that enforce minimum safety standards that prevent catastrophic harm before it occurs.