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Anthropic Advisor Says AI Productivity Gains Are Vastly Exaggerated, Valuations Are ‘Crazy’
Key takeaways
- Ries watched Anthropic s valuation surge from $5 billion toward $1 trillion and says investors paying any price signals a classic late-cycle bubble.
- Anthropic s claim that its AI agents write 80% of its code suggests AI-native companies achieve real gains even as typical enterprise adopters see none.
- It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.
Anthropic Advisor Says AI Productivity Gains Are Vastly Exaggerated, Valuations Are ‘Crazy’ Thomas Richmond Tue, June 9, 2026 at 9:46 PM GMT+7 4 min read ANTH.PVT NVDA GS Quick Read Ries argues companies relabel routine layoffs as AI-driven to lift stock prices, contradicting NVDA s Jensen Huang, who calls AI job-loss fears nonsense.
Ries watched Anthropic s valuation surge from $5 billion toward $1 trillion and says investors paying any price signals a classic late-cycle bubble.
Anthropic s claim that its AI agents write 80% of its code suggests AI-native companies achieve real gains even as typical enterprise adopters see none.
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