Science & Tech · AI · 7 hrs ago

Anthropic plans fund to support people affected by AI, but experts question its value

Anthropic plans fund to support people affected by AI, but experts question its value

Anthropic, the maker of Claude, says it will put 5 per cent of its shares into a public benefit fund to support people affected by AI.

The company says it will also make contributions linked to its growth in value, as AI could create economic gains while disrupting workers.

Experts say the plan lacks detail and may not directly help workers whose jobs are affected.

Some also see it as a way for the company to influence how governments regulate AI.

Canada has no dedicated AI laws, and the United States has no single comprehensive law like the European Union’s AI Act.

Anthropic’s CEO has warned about risks to white-collar jobs, while the company’s internal data shows it sharply reduced hiring of junior technical workers last year as it increased its use of AI agents.

How the fund will help workers remains unclear, and Anthropic did not respond to questions about the criticism.

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What people are saying

Rafael GomezDirector of the Centre for Industrial Relations and Human Resources at the University of Toronto
The idea proposed by Anthropic is very conceptual, without a lot of detail
via Globe and Mail
Barry EidlinAssociate professor of sociology at McGill University
So, to me, when I see things like Anthropic’s Public Benefit Fund, I think it’s a public-relations exercise aimed at maintaining their control over how regulation might be crafted.
via Globe and Mail