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Anthropic is handing a slice of its own stock to a wholly owned Public Benefit Fund — starting at 5% and climbing as the company gets more valuable. Here is how the escalator works and why the design matters more than the number.

Anthropic published a model of how AI could reshape growth, wages and jobs by 2030. In its most extreme scenario the US economy grows 15.4% a year — and the wage bill for cognitive work falls 31%. Here is what the model says, and the one number almost nobody quotes.