Former Fed Chair Bernanke Joins Anthropic’s AI Oversight Body
Anthropic has hired former Federal Reserve Chairman Ben Bernanke to its long-term benefit trust (LTBT), an AI oversight body tasked with ensuring the company remains accountable to its broader public interest goals. In his role, Bernanke will provide guidance on the potential risks and societal impacts of AI, as well as how AI is changing the economy. He will also lead insight into Anthropic’s economic research, in addition to other areas of the artificial intelligence company’s work, Anthropic reported. "The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it," Bernanke said. "Anthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks. I am honored to have this opportunity, and I will tr...
Anthropic has hired former Federal Reserve Chairman Ben Bernanke to its long-term benefit trust (LTBT), an AI oversight body tasked with ensuring the company remains accountable to its broader public interest goals.
In his role, Bernanke will provide guidance on the potential risks and societal impacts of AI, as well as how AI is changing the economy.
He will also lead insight into Anthropic’s economic research, in addition to other areas of the artificial intelligence company’s work, Anthropic reported. "The potential of artificial intelligence is enormous, and so is the range of outcomes.
How that potential plays out will depend, in part, on the institutions we build around it," Bernanke said. "Anthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks.
I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission." Read Also: Anthropic’s Claude Code Just Set Off Alarms in China Anthropic operates as a Public Benefit Corporation, a structure designed to pursue financial growth while also advancing broader societal interests.
The LTBT was established to help preserve that balance over time by providing oversight and ensuring the company remains accountable in how it builds and deploys AI systems, "AI may have the most significant economic effects of any technology in modern history, and Anthropic has a dual responsibility to understand those effects and to act on them," said Daniela Amodei, Co-Founder and President of Anthropic. "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.
His judgment will make us better at anticipating and responding to how advanced AI affects workforces and economies around the world." Bernanke led the Federal Reserve from 2006 to 2014.
Before joining the Federal Reserve, he spent more than two decades as an academic economist and earned a Nobel Prize in Economic Sciences in 2022.
On the LTBT, Bernanke will be joining the CEO of the Clinton Health Access Initiative, Neil Buddy Shah, the CEO of the Center for a New American Security, Richard Fontaine, and Mariano-Florentino Cuellar, who joined Stanford University’s Center for Advanced Study in Behavioral Sciences this month.
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