Suppose Alice is working on a dangerous project that involves engineering a virus for the purpose of developing new vaccines. Fortunately, the dangerous stage of the project is completed successfully (the new virus is exterminated before it has a chance to leak), and now we have new vaccines that are extremely beneficial. At this point, observing that the project had a huge positive impact, will Retrox retroactively fund the project?
That makes more sense now. Nothing inherent to the retrox platform would prevent this if the expert badgeholders agree to vote for the retroactive funding of the risky viral engineering project.
The fact that severe risks had to be taken should be factored into the assignment of the votes, i.e. how value was created. Incentivizing more high risk behavior with potentially extremely harmful impacts is undesireable. Retroactively funding a project of this nature would set a precedent for the types of projects which are funded in the future which I think would probably not lead to a pareto preferred future. The expected value trade-offs would be something like: value added for humanity by financially supporting successful but risky viral engineering project vs potential harm induced by incentivizing more people to pursue high risk endeavours into the future. I think the latter outweighs the former hence my previous hunch.
Suppose Alice is working on a dangerous project that involves engineering a virus for the purpose of developing new vaccines. Fortunately, the dangerous stage of the project is completed successfully (the new virus is exterminated before it has a chance to leak), and now we have new vaccines that are extremely beneficial. At this point, observing that the project had a huge positive impact, will Retrox retroactively fund the project?
That makes more sense now. Nothing inherent to the retrox platform would prevent this if the expert badgeholders agree to vote for the retroactive funding of the risky viral engineering project.
The fact that severe risks had to be taken should be factored into the assignment of the votes, i.e. how value was created. Incentivizing more high risk behavior with potentially extremely harmful impacts is undesireable. Retroactively funding a project of this nature would set a precedent for the types of projects which are funded in the future which I think would probably not lead to a pareto preferred future. The expected value trade-offs would be something like: value added for humanity by financially supporting successful but risky viral engineering project vs potential harm induced by incentivizing more people to pursue high risk endeavours into the future. I think the latter outweighs the former hence my previous hunch.