Anthropic pledges 5% of shares to a public benefit fund

“We’re committing a portion of Anthropic’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit.”

“The Anthropic Public Benefit Fund will have increased flexibility and scale, enabling us to pursue our mission in new ways”

“Anthropic launches Public Benefit Fund for AI impact, committing 5% stake to address labor shifts & decentralized ecosystems.”

“AI company Anthropic launches a Public Benefit Fund! 5% stake pledged for public interest, potentially rising to 7%.”

“Anthropic is everything that OpenAI is not. Kudos to Amodei. I'm tempted to buy some IPO shares just to support his more ethical AI vision despite the absurd valuation.”

“If you can convince people AI could destroy humanity, and that it needs guardrails and regulationsthen you raise the bar to entering the market with the great side effect of deflecting attention away from the damage you’re doing right now.”

“Anthropic Public Benefit Fund --> Trump Accounts --> regulatory capture”

“Corporate "commitments" aren't worth a damn thing.”

“Instead, they could simply not cause job disruption for whatever the fuck it is we’re supposed to get from this bullshit.”

“If Anthropic wants their common stock to help humanity they still have time. Tell the SEC they aren’t doing dual shares, only one kind of common stock. Don’t do this EA blind trust thing, and put C suite equity in”

“Funding a post-p(doom)-event social safety net via equity appreciation prior to the occurrence of said event?”

“Oh this statement is truly bizarre, wow”

“You'll make 5 cents a year in the future but don't worry a mansion will cost you like 2 or 3 cents.”

“PHILANTHROPY LAUNDERING.”

“None of the Anthropic equity held by the LLC will be used for lobbying or political giving, in the US or abroad.”

“Does she not know that Seth Bodnar is funded by the very tech billionaires threatening the literal existence of humanity?”

“sane game devs would just start their own non VC funded studio and make games they want to make with people they like instead of listening to a producer who secured a line of credit with Anthropic.”

“This is basically the best idea we have now... It's not UBI, it's not going after just the AI companies.”

“Stoppable force (Effective altruism) vs immovable object (the federal government’s unshakable belief that any welfare must be tied to proof that the recipient worked for it)”

“The test is whether that equity becomes tangible support for people whose livelihoods AI disrupts.”

“my Twitter feed is chatter about Anthropic creating a 'public good' fund LLC, but being very vague about what it will fund.”

“having shares held to benefit the public gives standing to anybody to sue them as a public benefit corp for violating their public interest obligations”

“Anthropic announces a new public benefit fund, beyond what the existing b-corp can do”

“Anthropic is tying public-benefit funding to its rising valuation, potentially directing wealth toward AI-driven labor disruption. But the plan could become grants, or a shareholder with voting power.”

“a bold move as the stock grows”

“Great PR. But it also names AI job displacement as a use for the money, and that says what they expect is coming.”

“Is this the future of corporate responsibility or just a PR move?”

“Recipients, payout criteria, and timing unstated.”

“If Anthropic can so can all public companies. Part of the problem with the concentration of wealth is that only the rich get to participate in the capital formation system yet public companies reap huge benefits from all of us”