
Former Fed Chair Ben Bernanke joins Anthropic's Long-Term Benefit Trust to advise on AI's economic impact, bringing central bank crisis experience to governance.
Former Federal Reserve Chair Ben Bernanke joined Anthropic's Long-Term Benefit Trust, an independent body that monitors the company's AI development for long-term societal benefit. The move was announced Wednesday in a press release.
Bernanke led the Fed from 2006 through 2014, steering the U.S. economy through the financial crisis. He won the Nobel Prize in Economics in 2022 and is a Distinguished Fellow at the Brookings Institution. As a trustee, he will advise on Anthropic's economic research and help the company assess how AI is reshaping the economy, according to the release.
Anthropic Co-Founder and President Daniela Amodei said the company has a responsibility to understand the economic effects of AI. “Ben’s career has run from studying how economies react to disruptive moments to helping steer the world’s largest economy through one such time,” she said. “His judgment will make us better at anticipating and responding to how advanced AI affects workforces and economies around the world.”
Bernanke said the outcome of AI's potential depends on the institutions built around the technology. “Anthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks,” he said. “I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission.”
The Long-Term Benefit Trust has three other trustees: Neil Buddy Shah, CEO of the Clinton Health Access Initiative; Richard Fontaine, CEO of the Center for a New American Security; and Mariano-Florentino Cuéllar, a Stanford law professor and director of the Center for Advanced Study in the Behavioral Sciences. Shah, who chairs the trust, said Bernanke led the Fed through the worst financial crisis in nearly a century “with expertise, independence and sound judgment.”
New trustees are selected by existing ones, in consultation with Anthropic. They are independent of management and investors, compensated only for time and service, with no equity or profit share, the release said.
Anthropic also announced Thursday that it added a reflection dashboard to Claude, its AI platform, to help users refine their interactions, and launched a website where users can ask about AI's impact on jobs, society, and families.
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