Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions
Anthropic announced a $200 million fund to study AI’s economic impact and proposed policies like universal basic income to address job displacement, while CEO Dario Amodei urged government support for workers affected by AI advancements. The move follows OpenAI’s similar initiatives and comes as AI companies prepare for potential public offerings, with President Donald Trump also discussing public benefits from AI firms.
Anthropic, the maker of the Claude chatbot, pledged $200 million on Wednesday to fund research on AI’s economic impact, including job displacement and labor market changes. CEO Dario Amodei published an essay calling for government-backed economic support, such as universal basic income, to mitigate disruptions caused by AI advancements. He warned that AI could create longer-lasting labor market shifts than previous technological revolutions and proposed better data tracking, policy incentives, and tax reforms to finance support programs. The initiative follows OpenAI’s recent proposals to ensure AI benefits are widely shared, including discussions with Sen. Bernie Sanders about a public wealth fund tied to AI company stock. Meanwhile, President Donald Trump announced plans to meet with AI executives to explore ways for companies to 'give back' to the public, suggesting potential wealth redistribution. Anthropic’s $200 million will fund an Economic Futures Research Fund to evaluate public policies and support trials, alongside a $150 million fellowship program for early-career professionals. The company outlined a framework for government responses to varying levels of AI-driven unemployment, from 5% to an 'unprecedented' scenario requiring long-term solutions like basic income or equity-sharing models. The proposals reflect Anthropic’s focus on AI safety and reliability, a priority since its founding in 2021 as a spin-off from OpenAI. The company also highlighted risks related to AI security and economic stability, framing its efforts as a call for proactive adaptation. Both Anthropic and OpenAI are preparing for initial public offerings, aligning with broader industry trends toward public listings.
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