Really happy to see this! Thanks to those working on it.
> In response to the recent extraordinary need, Jaan Tallinn, the main funder of SFF, is doubling speculation budgets.
Increasing the budgets this year seems like a solid move to me.
I think longtermist organizations should be planning for a smaller funding environment in the future. However, in the near-term, it seems really good to cover the immediate and urgent obligations.
I imagine that in the worst case, if not many great groups actually apply, you could just fund like a normal year.
AFAIK, the SFF main grant cycle budget isn’t increasing. Rather, this initiative looks to pull a larger fraction of the next (unannounced, usually semi-annual) grant round’s funding to the near future with speculation grants, which can help smooth out consumption / help deal with acute needs.
I agree that the EA funding environment, especially for longtermist and meta orgs, is shrinking quite a lot, and folks should plan accordingly.
Really happy to see this! Thanks to those working on it.
> In response to the recent extraordinary need, Jaan Tallinn, the main funder of SFF, is doubling speculation budgets.
Increasing the budgets this year seems like a solid move to me.
I think longtermist organizations should be planning for a smaller funding environment in the future. However, in the near-term, it seems really good to cover the immediate and urgent obligations.
I imagine that in the worst case, if not many great groups actually apply, you could just fund like a normal year.
AFAIK, the SFF main grant cycle budget isn’t increasing. Rather, this initiative looks to pull a larger fraction of the next (unannounced, usually semi-annual) grant round’s funding to the near future with speculation grants, which can help smooth out consumption / help deal with acute needs.
I agree that the EA funding environment, especially for longtermist and meta orgs, is shrinking quite a lot, and folks should plan accordingly.