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Coin World News reported that former U.S. Federal Reserve Chair Ben Bernanke has been appointed as a new member of Anthropic’s long-term benefit trust. The trust is an independent oversight body responsible for helping Anthropic develop advanced AI while taking the public interest into account. Trust members do not hold any equity in Anthropic and do not participate in profit distribution; they can appoint and remove the majority of the company’s directors and provide the board with recommendations on AI risks, social impact, and major decisions. Bernanke served as Chair of the Federal Reserve from 2006 to 2014 and received the 2022 Nobel Prize in Economic Sciences. Anthropic said that he will focus on helping the company research the impact of AI on employment and the global economy.