Billionaire Investor: Why I'm Betting on Anthropic Over OpenAI

The gist

1. Lonsdale says Anthropic has pulled ahead in coding and is growing faster than OpenAI, making it his second-largest conviction position after SpaceX.
2. He sees a $2 trillion opportunity in U.S. services where AI is already delivering 2 to 3 times efficiency gains in areas like healthcare billing and logistics.
3. Healthcare billing alone costs $280 billion a year, and one of his portfolio companies is expected to double revenue past $100 million by automating it.
4. Tying vocational school funding to graduate salaries doubled student earnings in Texas and is now being rolled out across 23 states for $250K to $1M per state.