Anthropic commits 5% of shares to new public benefit fund that could address AI job disruption

Summary

Anthropic plans to commit 5% of its shares to a new public benefit fund, subject to shareholder approval, with the board able to add 2% for every 50% increase in company value above a baseline not yet disclosed. The fund may support large donations or direct distributions, or bolder approaches to study and address AI's disruption of jobs. It will be set up as a wholly owned limited liability company, and its equity will not be used for lobbying or political giving.

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