But you could also read those quotes as the latest example of a hot startup’s ethics becoming grayer as its valuation rises. (Remember Google’s old “Don’t be evil” mantra that it later removed from its code of conduct?) The latest versions of Claude have drawn widespread praise, especially in coding. In February, Anthropic raised $30 billion in new investments. It now has a valuation of $380 billion. (Speaking of the competition Kaplan referred to, rival OpenAI is currently valued at over $850 billion.)
The Federal Trade Commission (FTC) released a statement this week allowing social media companies to collect children’s personal data without parental consent in the name of age verification, carving out an exception to the Children’s Online Privacy Protection Rule (COPPA), which decisively names children under 13 as untouchable for data collection, until now. Considering that COPPA was designed to protect sensitive data, the FTC is all but giving social media companies carte blanche to collect any information it deems necessary in the name of age verification.
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