SpaceX, Anthropic plan to share wealth with the public amid concern AI could trigger job losses
Los Angeles Times
SpaceX and Anthropic plan to distribute a significant portion of their wealth to the public, with SpaceX's Elon Musk pledging to give shares to every child in America, estimated at $11 billion. The move aims to address concerns that AI could lead to job losses by sharing the benefits of AI advancements with affected individuals and the broader public. Anthropic plans to allocate 5% of its shares to a public benefit fund to support those impacted by AI's economic shifts.
All articles from 20 October 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.