Anthropic puts five percent of shares into public benefit fund for AI-displaced workers
Original titleAnthropic plans fund for workers threatened by AI, Musk counters with SpaceX shares for children
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- The Decoder
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Summary
Anthropic announced plans to allocate five percent of its shares to a new public benefit fund that will explore direct payments to workers at risk of losing jobs to AI. The fund is structured as a company-owned LLC, allowing Anthropic to retain control.
Original excerpt
Anthropic wants to put five percent of its shares into a new public benefit fund that will also look into direct payments to workers at risk of losing their jobs. The fund is a company-owned LLC, so Anthropic keeps control of it as a possible IPO approaches. By offering the option of direct payments, Anthropic goes further than its competitors. Elon Musk says on X the company should just give the shares directly to the public. The article Anthropic plans fund for workers threatened by AI, Musk counters with SpaceX shares for children appeared first on The Decoder.