Anthropic IPO

HackerNews commenters (highest-engagement thread) split into power users and business skeptics. Power users report genuine attachment to Claude Code — 'a definite stickiness' — but say Anthropic's 'incessant cuts to CC rate limits/quota on the Claude Pro plan have nearly pushed me to cancel,' migrating to OpenCode with Claude Code, Sonnet 4.5, or Z.ai GLM 4.6 backends. They call the moat 'shallow': agents 'aren't that complex from a pure code perspective,' and proxying Claude Code to other models is already trivial. Business skeptics argue 'there's a difference between a good product and a good business' — no network effects like Facebook/Uber, no Apple-style lock-in, 'a product that is interchangeable with 3 or 4 other companies.' CEO Dario Amodei's March 2025 prediction that AI would write '90% of code' in 3-6 months is repeatedly cited — some defend it as misquoted rage-bait, others mock it. A contrarian accounting argument claims AI companies are profitable right now under proper R&D amortization, with 'frontier inference margins at less than 60%... not aware of any' disclosures. Amazon's apparent lack of interest in acquiring Anthropic despite its partnership and Trainium optimization is flagged as telling. Reddit/Lemmy threads are far harsher: comparisons to SpaceX overvaluation ('Investors don't own calendars'), 'rich people have too much fucking money' cynicism about annualized-revenue investing, an accusation Anthropic is 'far ahead of Google on the enshittification schedule,' and a theory that vendors hook devs on AI, let skills degrade, then 'turn down the screws.' One Lemmy user: 'I want to see everyone hop on the IPOs and ride them all the way down to the floor.'

No aggregate ratings were found for this product during the last harvest.