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Netflix chairman Reed Hastings joins board of AI giant Anthropic

BBG News

Reed Hastings, the Chair of Netflix, will be part of the governing body at Anthropic, a cutting-edge AI company based in San Francisco.

In March, the company Anthropic, now valued at an impressive $61.5 billion following a funding round, has gained recognition for its advanced AI chatbot, Claude.

Hastings expressed that Anthropic holds a positive outlook on the advantages AI can bring to humankind, yet acknowledges the potential economic, social, and safety hurdles. He’s joining Anthropic’s board because he supports their method of AI creation and wishes to contribute to humanity’s advancement by helping overcome these challenges.

Netflix stands out as a global leader in creating movies and television series, with a reputation built on its advanced content suggestion system.

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Google’s efforts to attract more creative individuals align with a distinct strategy aimed at addressing the significant public relations challenges faced by artificial intelligence technology.

The entertainment industry in Hollywood is facing challenges as they grapple with the potential advantages and drawbacks of artificial intelligence (AI) that can generate content. Studios see this technology as a way to potentially reduce costs and increase efficiency, but there are worries attached too. Workers’ unions are apprehensive about potential job loss, and there’s also debate surrounding the ethical use of copyrighted material in training these AI models.

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Google is sponsoring short movies that steer clear of AI apocalypse narratives and instead explore the positive aspects of this technology.

Hastings was chosen by Anthropic’s Long-Term Benefit Trust, a group of five individuals who are not financially motivated, according to the company. They have the power to appoint and potentially dismiss a section of the board.

The team chose Hastings due to his extensive leadership background, charitable endeavors, and unparalleled dedication to addressing the societal implications of artificial intelligence. According to Buddy Shah, chairman of Anthropic’s Long-Term Benefit Trust, these qualities make him exceptionally suited to steer Anthropic during this pivotal phase in AI advancement.

Hastings is set to become a part of the company’s board consisting of five members. This group includes Dario Amodei as Anthropic’s Chief Executive, Daniela Amodei serving as President, Yasmin Razavi in her role as an investor, and Jay Kreps, who heads Mountain View-based Confluent, a data streaming company.

For a span of 25 years until 2023, Reed Hastings held the position of CEO or co-CEO at Netflix. At present, he is a member on the board of directors for various organizations, such as Bloomberg, which specializes in financial data and media.

He has made contributions to charter school systems benefiting low-income communities in the United States, and he recently donated $50 million to Bowdoin College to launch the Hastings Initiative for AI and Humanity. This initiative is designed to assist the college in developing ethical guidelines for artificial intelligence and investigating how AI influences employment and education.

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2025-05-28 21:31

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