Hi Abraham, I’m curious what you think about the difference between FTX and this situation is that FTX was disbursing hired grantmakers to do the work. My impression is that most Anthropic staff don’t have the time or expertise to set this up themselves, even if it was a model like a giving circle, nor do they want to.
It seems like a challenge here to recreate FTX’s level of willingness to fund ambitious projects is that for Anthropic donors, either they’d need to want to spend the time setting up foundations individually, or someone with the right expertise would need to set up their own fund and join the fray on more speculative work.
FWIW my vague impression (I have less visibility into other cause areas) is that as funds anticipate an influx of funding coming into the space, funding more ambitious and speculative bets seems to be a part of the conversation (while hopefully reducing the downsides that came with FTX funding).
Yeah, I agree with all those being challenges here—I think I was mainly responding to what I perceive to be a push (maybe explicitly in this case) to reduce the options presented to new funders to a few funds with fairly similar views, which I think is possibly a strategic mistake, even if the alternative isn’t ideal either.
Hi Abraham, I’m curious what you think about the difference between FTX and this situation is that FTX was disbursing hired grantmakers to do the work. My impression is that most Anthropic staff don’t have the time or expertise to set this up themselves, even if it was a model like a giving circle, nor do they want to.
It seems like a challenge here to recreate FTX’s level of willingness to fund ambitious projects is that for Anthropic donors, either they’d need to want to spend the time setting up foundations individually, or someone with the right expertise would need to set up their own fund and join the fray on more speculative work.
FWIW my vague impression (I have less visibility into other cause areas) is that as funds anticipate an influx of funding coming into the space, funding more ambitious and speculative bets seems to be a part of the conversation (while hopefully reducing the downsides that came with FTX funding).
Yeah, I agree with all those being challenges here—I think I was mainly responding to what I perceive to be a push (maybe explicitly in this case) to reduce the options presented to new funders to a few funds with fairly similar views, which I think is possibly a strategic mistake, even if the alternative isn’t ideal either.