Silicon Valley wants you to invest in miracles
Summary
Investors face a unique challenge when evaluating companies developing advanced technologies that carry both massive potential and severe global risks. Tech firms are increasingly asking the public to fund ventures that could either transform society or threaten human existence.
Investing in any stock is kind of like gambling in the sense that you're betting your money on a company's future performance. But how do you bet on a technology that could, in the worst-case scenario, "pose catastrophic or existential risks to humanity," or best case, "bring forth an age of miracles"? To some extent, Anthropic suggests in a letter…
Source: Read the full story at The Verge
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