Anthropic is about to sell you the company it keeps warning you about

Every company that goes public has to write down all the ways it might destroy itself.

It is called the risk factors section. It runs for dozens of pages, it is written by lawyers, and almost nobody reads it. Bankers tolerate it. Investors skip past it to the growth charts. It exists so that when something goes badly wrong three years later, the company can point at page 47 and say the warning was always there, in the document you signed off on.

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