🇭🇰Hong Kong·AI News·24 Oct 2026·via South China Morning Post

    How to share AI wealth? Neither the US nor Asia has the answer

    As US AI firms explore wealth sharing, Anthropic committed 5 percent of its shares to a public benefit fund, while Elon Musk proposed giving one SpaceX share to "every kid in America." These approaches contrast with Asian economies, which reportedly rely on job creation to distribute growth dividends from AI.

    US technology firms are beginning to consider how the economic benefits from artificial intelligence might be shared, with different models emerging. Anthropic's approach involves shares held within a company-owned entity, with funds managed "on the public's behalf." This structure centralizes control over how the public might benefit, with the company determining the allocation.

    A contrasting proposal attributed to Elon Musk suggests a direct distribution of shares "in a child's name," though the specific mechanism for this remains unexplained. This highlights a different philosophy that leans towards direct individual ownership, even if the practical implementation details are not yet clear. The distinction is between corporate stewardship of public benefit and direct, personal asset transfer.

    These nascent US initiatives, described as Silicon Valley answering the question of public ownership "on its own terms," differ from the reported strategy in Asian economies. Here, the primary method for sharing the dividends of growth from AI and other technological advancements is through "creating jobs." This shows distinct underlying economic philosophies: one exploring capital distribution, the other emphasizing employment as the pathway to shared prosperity.

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