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Investing in the public benefit

https://www.anthropic.com/news/public-benefit-fund
31•surprisetalk•1h ago

Comments

andsoitis•1h ago
> It is common practice for tech companies to offer escalating compensation awards to their executives. We are instead directing that equity to the public benefit.

Dario Amodei's 2025 total comp is reported to have been $18m.

His sister, Daniela Amodei's was $16.4m.

For reference, Sundar Pichai's reported comp in 2025 was $10.5m.

SeanAnderson•54m ago
Is the $18m comp package based on secondary market valuations for stock or what? Seems like you'd want to be at least a little careful comparing public stock comp to private.
andsoitis•49m ago
According to the company's confidential IPO S-1 prospectus filing revealed in October 2026 that Reuters reported on. https://www.reuters.com/business/finance/anthropics-ipo-pros...

I haven't seen the confidential prospectus and haven't read reports on whether it is based on secondary market value, but it is mostly stock. His base salary was only $1.4m in 2025, but doubled in 2026.

piterrro•52m ago
> Sundar Pichai has an estimated net worth of at least $1.0 billion*, as of Oct. 14, 2026. They own 2.2 million shares of GOOGL stock. They have sold 1.4 million shares of GOOGL stock since 2021, for an estimated $231.4 million.

Anthropic is pre IPO, so this is comparing apples to oranges.

simianwords•32m ago
In 2022, Sundar Pichai’s reported total compensation was about $226 million.

I'm not sure why you left that out?

anonym29•9m ago
Is this not a bit low for a company with a $1.5T-$2T market cap and the levels of revenue that Anthropic has? I mean compared to market cap / revenue peers, not compared to employees or in absolute terms.
jimmydoe•56m ago
Wenn das Geld im Kasten klingt, die Seele aus dem Fegfeuer springt.
ideashower•51m ago
I had to translate it.

> As soon as the coin in the coffer rings, the soul from purgatory springs.

It's quite poetic. And tragically true.

colinhb•32m ago
Who is today's Martin Luther, for people laundering their bad deeds?
simianwords•30m ago
"anthropic bad because some reason"
ajhg•24m ago
This is a reference to indulgence sales by the Catholic Church, which bought you a clear conscience.

Apparently it is lost on an Anthropic bot.

simianwords•21m ago
"anthropic bad because it makes profit" smh
crmd•51m ago
>We’re establishing the Anthropic Public Benefit Fund as a wholly-owned LLC—rather than a 501(c)(3) or other format—to give adjustability between different forms of giving.
nickysielicki•49m ago
FTX Future Fund 2: Electric Boogaloo.
ryan_glass•45m ago
The greatest public benefit you could provide would be to open source your models.
go_elmo•40m ago
A corporation so big it starts doing the job of the collective / state - interesting, whos job are they taking here? Why not pay taxes and let us, the people decide how to use it instead?
sdqer35r•33m ago
Don Fanucci was publicly donating a lot of money in The Godfather.
esafak•29m ago
This is for PR. They need to be able to generate more revenue than they take from economically-redundant humans in order to make them whole. This is certainly possible, but it's going to take government action; AI companies are never going to return that much money left to their own devices.
kennywinker•13m ago
The cyberpunk future awaits us! All hail the corpo owning class. I can't wait to move to the company town, those always work out well.
Geezus_42•12m ago
Straight out of Snowcrash.
bryan0•5m ago
> Why not pay taxes and let us, the people decide how to use it instead?

Maybe because the current administration has no interest in doing this and Anthropic doesn't want to wait for this cluster-f of a situation to sort itself out. Even if the current admin was for progressive taxation it might take them years to sort through all the bureaucracy to use this money effectively which might be much too late.

But in theory I think you're right.

novaRom•40m ago
Anthropic has a large in-house PR machine (80 people). Main functions are "attention flooding", well-resourced news-blitz strategy.
jjsullivan5196•40m ago
why cant the robot do it?
ande-mnoc•19m ago
Anthropic has a PR machine? Doesn’t seem it’s working very well.
sydd•12m ago
They make it to the frontpage of every major newspaper multiple times a week. I'd say that they are doing exceptionally well.
128375•39m ago
Will you launch a public benefit program that help unemployed software engineers become coal miners?

Please just fuck off with your next scam on a beige background.

jfckenfishf•27m ago
A 2% for every 50% increase is just insulting.

It might have made sense when they were valued at <100B.

At current 2T valuation it's basically saying "we'll throw some crumbs to the public if we control the world's economy".

At the very minimum the 2% should have doubled every time.

BrenBarn•23m ago
Just more self-serving hokum. If they really wanted to serve the public benefit they would just shut themselves down.
tedsanders•16m ago
Super cool! 5% of $1.5T is $75B (and 7% of $2.25T is $156B). When added to the ~15% already pledged by founders and employees, that's roughly $300B going to charity/public benefit, which roughly matches the OpenAI Foundation. Of course you can ask questions like why this amount or why this way, but I for one think it's fantastic for rich developers of new technology to share their surplus with the world. I hope their stockholders approve the donation.
kennywinker•9m ago
> going to charity/public benefit

Is it? Idk about previously committed money, but this sounds like it's going to an LCC that is owned and controlled by anthropic.

Afaik there's no formal constraint preventing them from spending 100% of this money on cool sports cars for anthropic execs. Even if it was committed to being spent on the "public good", that's the public good as decided by anthropic, not the public.

Geezus_42•2m ago
That's a drop in the bucket and it will mostly be a make work program for their extended network of friends and family, like most charities.
herunan•6m ago
Anthropic needs to get out of their own arse. We get it, you're "ethical".

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