Peter McCrory

that it is jagged because it suggests that we can tease out some of these impacts along the way by comparing where these jagged adoption or jagged capabilities first materialize.

In some sense, that's kind of the approach of the work that I alluded to before, the canaries in the coal mine or...

The folks at the Yale Budget Lab who've looked at this question from a different angle, but incorporating AI exposure.

You can use these differences in exposure and adoption to try to tease out not just where we might expect effects to materialize, but like ultimately what those effects are.

And I think that is like a big question for the next year.

The capability doesn't instantaneously deliver adoption.

You need to identify new ways to deploy those capabilities in more accessible ways.

I think Cloud Code is a good example here.

where software engineers and developers and those who are very comfortable working at the command line interface were able to just like jump in and use it.

But if you don't have that background, that is entirely inaccessible to you, even when what you can use cloud code for is actually like much more than for coding.

And that's kind of illustrates the value of cloud co-work, which is a much more accessible entry point for developers

Folks who may feel some trepidation with downloading cloud code or working with the command line interface, even though the underlying mechanics of this agentic technology are very similar.

And so you have this question of awareness.

You need to identify what are those bottlenecks to user adoption versus business adoption.

And it relies both on capabilities as well as like product functionality.

And then also people need to, I mean, I don't think I fully appreciated what Cloud was capable of until I came to Anthropic.

I hadn't been using frontier models in the same way that I have since I joined just six months ago.

So it also requires experimenting and trying it out.

I think I'd be surprised by a downside number.

I mean, I think there's this open question of like, are markets currently pricing in the productivity?