Technology10/2/2025Bloomberg

OpenAI, Anthropic Highlight AI’s Economic Value as Doubts Grow

OpenAI, Anthropic Highlight AI’s Economic Value as Doubts Grow

Here is a 163-word summary of the news article: OpenAI, Anthropic, and other AI companies are trying to demonstrate the economic value of their technologies as concerns grow about AI's societal impact. These firms are conducting tests and publishing data aimed at quantifying AI's productivity gains and cost savings for businesses. The push comes as some experts express doubts about AI's real-world benefits, arguing the technology may displace jobs and raise ethical issues. OpenAI has shared data showing its AI model can complete tasks like writing and code generation much faster than humans. Anthropic has touted client case studies suggesting its AI assistant can boost employee productivity. However, skeptics caution that such metrics don't capture AI's potential downsides. They argue the technology could ultimately lead to job losses and widen economic inequalities. As AI becomes more prominent in the workplace, there is a growing debate over how to harness its economic benefits while mitigating its societal risks.

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