“The most significant line for me is ‘direct distributions to specific populations.’”
Andrew Curran @AndrewCurran_X
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The most significant line for me is “direct distributions to specific populations.” It sounds to me like they are planning their own form of self-directed global UBI. About half of Anth employees are also donating shares into this fund. They foresee a transformative future.
Quoting @AnthropicAI: 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.
It will start off with 5% of our shares. For every 50% increase in the company’s value over a set baseline, we can contribute up to an extra 2%, subject to our board’s discretion.
In total, this means that roughly 20% of Anthropic’s shares are committed to the public good. Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we’ve run since our founding.
In the post below, we share more details about our new fund.
