Anthropic plans fund for workers threatened by AI, Musk counters with SpaceX shares for children
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Anthropic is launching a new public benefit fund by allocating five percent of its shares to support workers potentially displaced by AI advancements. The fund, structured as a wholly owned LLC subsidiary rather than a traditional nonprofit, allows Anthropic to retain control while exploring direct payouts or donations to nonprofits. CEO Dario Amodei has previously warned about economic upheaval caused by rapid AI progress, prompting this bolder approach to labor market disruption. Elon Musk criticized the plan on social media, suggesting shares should be given directly to the public and announcing his own intention to distribute SpaceX shares to American children. In contrast, Google continues to rely on standard corporate philanthropy through initiatives like the AI Opportunity Fund without offering direct payments. Unlike OpenAI’s foundation, which holds significant board power, Anthropic’s structure ensures the company maintains governance ahead of its anticipated $100 billion IPO. This move highlights differing strategies among tech giants regarding how to address the societal impacts of artificial intelligence.
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