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Sep 13

Anthropic Launches Program to Study AI’s Economic Impact

Anthropic unveils a program to explore AI’s effects on jobs and policy, weighing both risks and benefits of automation.

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Anthropic Launches Program to Study AI’s Economic Impact
Originally reported bypymnts
Anthropic has introduced the Economic Futures Program to examine how artificial intelligence will reshape the labor market and help craft policies to address its effects. Announced Friday, the initiative aims to gather evidence on the economic consequences of AI rather than assume any particular outcome in advance. Sarah Heck, Anthropic’s head of policy programs and partnerships, explained that the program will look at both the positive and negative sides of AI disruption. She emphasized the importance of basing discussions on real data instead of predictions. The company’s CEO, Dario Amodei, has warned that AI could eventually eliminate half of all entry-level white-collar jobs and push unemployment to as high as 20%. When asked whether the program would focus on ways to ease job losses, Heck remained cautious, saying the real priority is to understand what is truly happening in the economy. If there is significant job loss, she said, experts should come together to find solutions. If AI drives strong economic growth, policymakers will need to consider how to manage that as well. Separate research highlighted by PYMNTS last month found that AI agents can boost productivity in simulated work settings but are not yet ready to replace human employees. Co-author Boxuan Li said that while AI agents show promise, they still have limitations in real-world applications. Another researcher, Yufan Song, noted that although companies are investing heavily in automation, it will still take time before AI can fully take over many tasks. Additional findings show that more than half of workers are worried about AI-driven job displacement. Concerns were highest among people who already have some experience with generative AI tools. As Anthropic’s new program unfolds, it will likely play a key role in shaping how businesses and governments respond to the challenges and opportunities presented by AI.
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