New Anthropic initiative will fund research into the economic impact of AI

Anthropic PBC is launching an initiative designed to support research into the economic impact of artificial intelligence and ways to address it.

The Anthropic Economic Futures Program, as the project is called, was announced today. It’s designed to complement a similar research initiative that the company kicked off in February. The Anthropic Economic Index, as the latter project is called, has so far produced two studies that analyzed how the Claude chatbot is used for work.

The Anthropic Economic Futures Program will involve external researchers. In particular, the company will issue grants worth between $10,000 and $50,000 to academics who are studying how AI is affecting the economy. Participating researchers will also receive $5,000 worth of Claude application programming interface credits.

According to Anthropic, the plan is to support “economists with strong quantitative research backgrounds” who plan to pursue studies that can be completed in under six months. Those studies will focus on topics such as AI’s impact on labor markets and productivity.

Anthropic plans to support not only individual researchers but also research institutions. “We are eager to partner with independent research institutions to grow the AI economic research and policy ecosystem,” Anthropic staffers detailed in a blog post today. ”We will provide partners with resources to support research into AI’s economic use and application.”

Another focus of the Anthropic Economic Futures Program is helping policymakers address AI models’ economic impact. To that end, the company will host a series of policy events in Washington, D.C., and Europe this fall. Anthropic will invite researchers to present their policy proposals at those conferences.

The company is seeking policy proposals related to topics such as worker productivity and fiscal policy. Additionally, it will ask researchers to provide suggestions on how those proposals can be implemented. Anthropic is placing an emphasis on policies that can be implemented by governments in 18 months.

Rounding out the program is a project meant to extend the Anthropic Economic Index, the research initiative the company launched in February. The goal is “to create longitudinal datasets tracking AI’s economic usage and impact, with regular public data and research releases.”

The program is rolling out four months after rival OpenAI launched a research grant program of its own. The initiative, which is known as NextGenAI, will see the ChatGPT developer provide $50 million worth of funding, compute infrastructure and API credits to academics. OpenAI has partnered with 15 research institutions on the program. 

Image: Anthropic

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