Anthropic4 mins read

Anthropic’s AI Worker Fund Plan Draws Musk’s SpaceX Share Counterproposal

Anthropic plans to place five percent of its shares into a new public benefit fund that could explore direct payments to workers at risk from AI-driven job disruption, while Elon Musk says shares should go directly to the public.

The AI company Anthropic has announced a new fund for the public good, which will also explore the possibility of making direct payments to workers at risk of losing their jobs.
Image credits:Anthropic

Anthropic’s proposal: shares for a public benefit fund

Anthropic Public Benefit Fund image
Image credits:Anthropic

Anthropic plans to put five percent of its shares into a new Anthropic Public Benefit Fund, pending shareholder approval. The fund would either make large donations to traditional nonprofits or explore direct payouts to certain populations, with a focus on workers at risk from AI-driven job disruption. The proposal stands out because direct payments are named as an option, not just research or philanthropy.

The control question: LLC structure keeps Anthropic in charge

The fund is planned as a wholly owned LLC subsidiary rather than a tax-exempt nonprofit, which Anthropic says gives it more flexibility. That structure also means the company keeps control, even as it prepares for a possible IPO. The promised additional share contributions are not automatic; they are at the board’s discretion, and Anthropic has not yet detailed the valuation milestones or governance setup.

Why this matters for AI labor disruption

The fund is tied to concerns about job-market disruption from fast-moving AI systems. Anthropic CEO Dario Amodei has repeatedly warned about social and economic upheaval, and the company has already committed $200 million to research labor-market effects. If approved and implemented, the fund could become a test case for whether AI companies use equity-linked mechanisms to address economic harms linked to their own technology.

Musk’s response and the competitive backdrop

Elon Musk responded on X by saying Anthropic should give shares directly to the public. He later said he plans next year to give one of his own SpaceX shares, currently worth around $146, to each of the roughly 72 million children in the U.S., though he did not explain how the distribution would work. The article also contrasts Anthropic’s plan with OpenAI’s nonprofit-linked structure and Google’s more traditional philanthropy, noting that Anthropic goes further by explicitly naming direct payments as an option.

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