Anthropic, the generative artificial intelligence startup backed by Amazon (AMZN, Financial), Google (GOOG, Financial) and other investors, on Monday launched an Economic Advisory Council to guide research into AI's effects on labor markets and the global economy.
The eight-member council will advise Anthropic on the design of an “Anthropic Economic Index,” aimed at tracking AI's impact on employment, productivity and growth over time, the company said in a statement.
Anthropic raised $3.5 billion in March, valuing the maker of the Claude chatbot at $61.5 billion. Its move follows a similar step by competitor OpenAI, which hired its first chief economist in late 2023 and issued an AI infrastructure investment blueprint in November 2024.
Amazon shares are trading at $185.63 on Monday at the time of writing, modestly above their GuruFocus fair value of $168.45, implying a roughly 10% discount to the stock's current level. By contrast, the Median PS Value sits at $198.04, indicating a 7% premium to today's price for revenue-based valuation.
Other Amazon valuation metrics range from deeply conservative to more aligned with today's levels. The Peter Lynch value stands at $113 and the Graham Number at $56.24, while projected free cash flow values of $41.96 and a DCF (FCF-based) of $35.33 reflect the company's ongoing reinvestment.
Tangible book value remains low at $24.82, underscoring Amazon's asset-light model in cloud and digital services, and both Earnings Power and Net Current Asset values are negative. A DCF (earnings-based) estimate of $177 closely tracks the current share price, suggesting Amazon is not trading at a steep premium.
The council's findings could influence how investors, policymakers and corporations navigate AI-driven shifts in employment and economic structure, particularly as hyperscale cloud providers and tech giants race to commercialize AI offerings.
