Anthropic said Sunday it plans to commit 5% of its shares to a new public benefit fund, with the stake potentially increasing as the company's valuation grows.
Subject to shareholder approval, the fund would immediately commit 5% of Anthropic's shares, with the board adding, at its discretion, an additional 2% for every 50% increase in the company's value above a set baseline that has yet to be disclosed.
Anthropic said that while it has already committed $200 million to study the AI's effects, "given the pace of AI progress, bolder approaches may be needed."
The fund may be used to "explore large donations" — including to traditional nonprofits or as direct distributions for specific populations — or for "bolder approaches" to study and address AI's disruption and displacement of jobs, the company said.
An August Pew Research Center report found that 71% of adults think AI will lead to fewer jobs in the U.S. over the next two years.