Erik Torenberg and Noah Smith are joined by Dario Amodei, CEO and Co-founder of Anthropic. Dario talks about the economics of AI development, the comparative advantage of AI companies like Anthropic, AI safety, and his stance on California's SB 1047 bill. They also discuss the impacts of AI on global power dynamics, competition between the US and China, and inequality in an AI-powered world. This episode was recorded this week on Turpentine’s show Econ 102. Check it out for more like this: https://open.spotify.com/show/6q7Gn5lP8TTtBPuV1NJSGs?si=8fab4d65ddf5422a — Apply to join over 400 founders and Execs in the Turpentine Network: turpentinenetwork.co — RECOMMENDED PODCAST: ️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics. Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937 Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz YouTube: https://www.youtube.com/@ThisWontLastpodcast — SPONSORS: Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-Turpentine-Network Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://babbel.com/torenberg Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. — LINKS: Anthropic: https://www.anthropic.com/ Noahpinion: https://www.noahpinion.blog/ — FOLLOW ON X: @noahpinion @eriktorenberg @anthropicAI @turpentinemedia — TIMESTAMPS: (00:00) Intro (04:23) Dario's intellectual evolution (06:37) Is Google the Bell Labs of Al? (10:07) Economic moats in Al (12:35) Scaling hypothesis and Al's future (17:05) National security and Al (19:04) Leopold Aschenbrenner's essay (20:33) Al's impact on business models (26:30) Noah's big thesis  (29:51) Sponsors: WorkOS (31:58) Al arms races? (36:17) Al's impact on labor and skill distribution (40:41) Sponsor: Babbel | Squad (44:35) Future of Al and a hyperscaling world (41:42) A vision of radical abundance (49:55) Al safety and inequality (54:06) The SB 1047 debate (58:56) Rabbit alignment problem (01:01:25) Wrap