They should be investigating them because of massively selling below cost price.
How is this a fair, level, playing field, U.S.? Making a large pile of money to put millions of people out of a job, it warrants some investigations!
How is this a fair, level, playing field, U.S.? Making a large pile of money to put millions of people out of a job, it warrants some investigations!
They can only do that because of circular finance deals and other fraud. Those deals are also the reason a machine that’d run ~ Claude Opus 4.6 locally costs $5000 instead of the original $1400 MSRP.
Where did you read that? Linky?
Eh, their AI is going to put millions of people out of a job ...
If this is not unfair competition, then what is?
Therefore, the only solution is to ensure people act according to the spirit of the law, not the actual law.
If you talk about "fair competition" then "fair" also applies to how the law works. If one party is always one step ahead, then that is not fair.
Why is that a problem? Why would we want prescriptive rules to be formulated in advance of the reality to which they're meant to apply being fully understood?
> Therefore, the only solution is to ensure people act according to the spirit of the law, not the actual law.
Which is something our actual legal system already does fairly well, precisly because it doesn't overemphasise technical, instrumental details, and applies broad rules to intentional conduct in an often form-agnostic way. For example, anti-trust laws about collusion and price fixing wouldn't care about what specific communications medium was used to coordinate collusion, apart from validating the evidence that there was indeed collusion.
In this case, I think the mistake you're making is in thinking that restrictions on the introduction of new technologies based on the long-term effect they might have on demand for particular services in the overall economy is something that is within the spirit of the existing law. It isn't. It never has been.
People have certainly worried about how new technologies would impact people's earning power over time, dating back centuries to at least the era of steam engines and railroads, but that's never translated into any legal framework allowing for restraining the development of new technologies. Anti-trust law has nothing to do with it, and the spirit of the law behind it has always been aimed at protecting consumers against market manipulation, not protecting employees against reduced demand for their services.
The concern is predatory pricing [1]. Which may or may not result in job loss (the surviving company could hire/acquire the dieing companies).
[1]: https://www.ftc.gov/advice-guidance/competition-guidance/gui...
Not sure I'm following. This appears to be a conversation about how the law applies to the situation.
> If this is not unfair competition, then what is?
Again, "unfair competition" has a specific legal definition. If you don't care about the specifics of the law, and are just expressing your own normative opinions about how you'd prefer for certain things to play out, what is the purpose of attempting to express those opinions using specific, already existing legal terminology?
The law is very explicit: no mergers or acquisitions where the "effect may be substantially to lessen competition". Not "will" lessen competition, "may" lessen competition.
The law as written should prevent basically any merger between large competitors. Judges have watered that down with bullshit about customer harm that appears nowhere in the law.
Aren't the competitors in this instance the workers?
There are also non-price reasons to switch from human labor to agentic labor. No sick days, no recruiting costs, no moral foibles, etc. It's like arguing that Ford competes with Uber - both are ultimately selling you a way to get from A to B, but they are doing it in radically different ways.
> Not really, no. Anthropic sells tokens, not services. It's up to the user to turn those tokens into something useful.
> There are also non-price reasons to switch from human labor to agentic labor. No sick days, no recruiting costs, no moral foibles, etc.
I have to know, how can you call them "agentic labour" and still claim that it is not competing with human labour?
According to this analysis, at 70 tokens per second for Kimi K3, you could expect to run >800 parallel streams on that setup:
VC creates little wars of attrition in every industry and calls it "disruption" but it mostly pulls the money out of workers' pockets.