MIT Scientist Counters Anthropic Monopoly: The GPT Pattern

MatthewBerman · x · 2026-08-20

MIT economist Christian Catalini counters Dario Amodei's claim that Anthropic will be the only company left. By analyzing general-purpose technologies like steam, electricity, and railroads, the essay argues that GPTs follow a "pledge, turn, prestige" pattern: early hype and overinvestment lead to a crash, but the resulting infrastructure ultimately enriches the owners of complementary assets more than the creators.

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