This is really interesting. I’m curious about crowding out and marginal dollar effects. i.e. the smart money spends all its resources on this, allowing the dumb money to free ride and keep on with the status quo (or even get worse with less perceived consequences). Meanwhile, there are now far less smart dollars available to fund weird moonshots that only the smart money can think about.
One solution: more funding for geoengineering moonshots (and please, with fewer assumptions that geoengineering automatically means that safety and reversibility aren’t major design criteria).
This is really interesting. I’m curious about crowding out and marginal dollar effects. i.e. the smart money spends all its resources on this, allowing the dumb money to free ride and keep on with the status quo (or even get worse with less perceived consequences). Meanwhile, there are now far less smart dollars available to fund weird moonshots that only the smart money can think about.
One solution: more funding for geoengineering moonshots (and please, with fewer assumptions that geoengineering automatically means that safety and reversibility aren’t major design criteria).