Former Fed Chair Ben Bernanke Joins Anthropic’s AI Oversight Trust
Bernanke will help Anthropic assess how AI is changing the economy as the company’s independent trust selects board members, it said.
- On Thursday, Anthropic appointed former Federal Reserve Board Chair Ben Bernanke to its Long-Term Benefit Trust, an independent oversight body that advises the company and appoints its board members.
- Anthropic operates as a public benefit corporation, and the Long-Term Benefit Trust holds independent power to appoint and remove a majority of corporate board members, with members receiving payment only for their service.
- A Nobel laureate in economic sciences, Bernanke led the Federal Reserve from 2006 to 2014, and his research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize.
- Bernanke will help the company understand how artificial intelligence impacts the economy, stating, "The potential of artificial intelligence is enormous, and so is the range of outcomes."
- Anthropic is valued at $965 billion and is preparing for an IPO potentially occurring this year, with the company noting the Trump administration lifted export controls on its Claude Fable and Mythos models.
32 Articles
32 Articles
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Anthropic has released a new research paper examining how artificial intelligence systems might develop trustworthy long-term behavior. The study draws inspiration from the career of former Federal Reserve Chairman Ben Bernanke, whose steady hand during the 2008 financial crisis demonstrated the value of institutions that can maintain stability across decades. According to the paper published on Anthropic’s website, current AI models often prior…
Anthropic Appoints Former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
Get latest articles and stories on Business at LatestLY. Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. Business News | Anthropic Appoints Former US Fed Chair Ben Bernanke to Long-Term Benefit Trust.
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Anthropic Appoints Former Federal Reserve Chair Ben Bernanke to Independent Oversight Trust
Artificial intelligence company Anthropic has announced the appointment of former U.S. Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust, an independent oversight body responsible for ensuring the company remains committed to its public-interest mission as it continues developing advanced AI technologies
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