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AI job displacement concerns may dampen Anthropic valuation outlook
Aswath Damodaran, a NYU Stern professor, warned that the $10‑$15 trillion AI total addressable market could be alarming if achieved by replacing workers. He noted the market size relies heavily on AI displacing rather than augmenting the workforce, creating uncertainty about economic and social impacts. This commentary has led to a cautious stance in markets, with valuation expectations for AI firm Anthropic decreasing. The implied probability of Anthropic reaching a $600 billion valuation by December 31 is low at 2.7 %. Analysts will monitor Anthropic’s funding rounds or strategic partnerships for further influence.