I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
I recently had dinner with Dr Devi Shetty, the founder of Narayana Hospitals. For those who don't know him, he's the guy who figured out how to do open heart surgery for a few hundred dollars when the same procedure costs a bomb in the US. Narayana has 18,000 beds across India, and if you ask most middle-class people in Bangalore about it, they'll speak highly of it.
There was one thing I kept thinking about over and over again after meeting him.
Narayana's market cap is around ₹38,000 crore. Now compare that to pretty much any half-decent financial services business in India, and it'll be valued more than that, including Zerodha. A brokerage, worth more than a hospital chain, that has probably saved hundreds of thousands of lives.
I get the arguments. If you're a fund manager/analyst, you can immediately explain it away using margins, capex, asset-light vs asset-heavy, and all that, and I'm not saying the market is wrong.
But it's still a strange world we've built, where the businesses closest to money get valued the highest, and the ones doing the hard and essential things get priced like boring utilities. A hospital carries physical infrastructure, enormous liability, thin margins and the actual weight of keeping people alive. And somehow that's worth less than a platform for buying and selling stocks.
I don't have a clean take on this. All of this just felt odd.
Ps: Nothing here is investment advice. For that, go to @zerodhavarsity
A milestone moment for Narayana Health!
We’re proud to announce the acquisition of the UK’s Practice Plus Group Hospitals. Expanding our mission of delivering world-class care across borders.
#NarayanaHealth#PracticePlusGroup#HealthcareAcquisition#TakeCare
Read more: https://t.co/cuyxwVBHVi
With help from Namma Metro’s Yellow Line, donor lungs reached Narayana Health City within 60 minutes, ensuring a successful transplant.
Thank you @OfficialBMRCL & the donor family for making it possible.
#OrganDonation#NammaMetro#NarayanaHealthCity
Namma Bengaluru has the best talent and the best weather but the worst infrastructure - if we fix garbage debris and roads, we can be among the best cities in the world. GBA has a great opportunity to do this. Let’s use collective will to do this @DKShivakumar@BBMPCOMM
Happy to share Ms Heshu from Manipur will be a qualified nurse from being a baby sitter.
Dr Devi Shetty @NarayanaHealth& @ameyshetty recognised potential &trained her with full scholarship.
They earlier trained 25 girls from Tamenglong as nurses.More Power to Dr Devi& @ameyshetty
@dpkpillay12@NarayanaHealth Thank you sir, we see great potential in these kids. This is our 5th batch or so, and they have done so well for themselves. Our goal is it to help these girls serve their community and help make a change in anyway they can. We look forward towards continuing to work with them.