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A prominent name in monetary policy is now attached to an AI company's governance structure that carries no equity and no publicly defined authority.
Anthropic has appointed former Federal Reserve Chair Ben Bernanke to its independent trust, a body whose members advise company leadership. Members hold no equity in Anthropic.
What the trust is built to do The no-equity provision is the key structural fact. An adviser who owns no stake in the company's valuation has no direct financial cost to bearing bad news.
Equity alignment is the standard mechanism through which companies bind advisory relationships to their own interests. Removing it is a choice that, in theory, creates room for more independent counsel.
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