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Globe says Meta hears Anthropic aims to share profits

2026-11-10 08:01 ET - In the News

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The Globe and Mail reports in its Tuesday, Nov. 10, edition that Anthropic said last month it would share a portion of its profits with the public as part of a larger mission to give back to society. The Globe's Vanmala Subramaniam writes that Anthropic says that as AI technology advances, so does the prospect of instability for workers. Committing 5 per cent of its shares to the Anthropic Public Benefit Fund would be a way for it to provide support to people affected by AI, instead of boosting executive pay. The idea seems benevolent, but economists warn that Anthropic's proposed model may be self-serving and not effectively aid labour segments affected by AI. Anthropic chief Dario Amodei has repeatedly warned that AI risks affecting white-collar jobs. Its own internal data shows that its hiring of junior technical workers dropped dramatically last year, as it amplified its use of Claude AI agents. Centre for Industrial Relations and Human Resources director Rafael Gomez says: "The idea proposed by Anthropic is very conceptual, without a lot of detail. It plays to audiences, and maybe it can allay fears. But really, it is pre-empting any kind of government regulation by defining the regulation as they want it."

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