I didn’t run this by anyone else in the s-risk funding space, so please don’t hold others to these numbers/opinions.
Tl;dr: I think this is probably right in direction but with lots of caveats. In particular, it’s still the case that s-risk has a lot of money (~low hundreds $m) compared to ideas/opportunities at least right now and at least possibly more so than general longtermism. I think this might change soon since I expect s-risk money to grow less than general longtermist money.
edit: I think s-risk is ideas constrained when it comes to small grants and funding (and ideas) constrained for large grants/investments.
I’d estimate s-risk to have something in the low hundreds $m in expected value (not time-discounted) of current assets specifically dedicated to it. Your question is slightly hard to answer since I’m guessing OpenPhil and FTXF would fund at least some s-risk projects if there were more proposals/more demand for money in s-risk. Also, a lot of funded people and projects who don’t work directly on s-risk still care about s-risk. Maybe that should be counted somehow. Naively not counting these people and OpenPhil/FTXF money at all and comparing current total assets in general longtermism vs. s-risk:
In absolute terms: Yup, general longtermism definitely has much more money (~two orders of magnitude.) My guess is that this ratio will grow bigger over time and that it will in expectation grow bigger over time. (~70% credence for each of the claims? Again confused about how to count OpenPhil and FTX F money and how they’ll decide to spend money in the future. If I stick to not counting them as s-risk money at all, then >70% credence.)
Per person working on s-risk/general longtermism: Would still say yes although I don’t have a good way to count s-risk people and general longtermist people. Could be closer to even and probably not (much) more than an order of magnitude difference. Again, quick and wild guess is that the difference will in expectation grow larger over time, but less confident in this than my guess about how the ratio of absolute money will develop. (55%?)
Per quality-adjusted idea/opportunity to spend money: Unsure. I’d (much) rather have more money-eating ideas/opportunities to reduce s-risk than more money to reduce s-risk but I’m not sure if this is more or less the case compared to general longtermism (s-risk has both fewer ideas/opportunities and less money). Also don’t know how this will develop. Arguably, the ratio between money and idea/opportunity also isn’t a great metric because you might care more about absolutes here. I think some people might argue that s-risk is less funding constrained compared to ideas-constrained than general longtermism. This isn’t exactly what you’ve asked for but still seems relevant. OTOH, having less absolute money does mean that the s-risk space might struggle to fund even one really expensive project.
edit: I do think if we had significantly more money right now, we would be spending more money now-ish.
Per “how much people in the EA community care about this issue”: Who knows :) I’m obviously both biased and in a position that selects for my opinion.
Funding infrastructure: Funding in s-risk is even more centralized than in general longtermism, so if you think diversification is good, more s-risk funders are good :) There are also fewer structured opportunities for funding in s-risk and I think the s-risk funding sources are generally harder to find. Although again, I assume one could easily apply with an s-risk motivated proposal to general longtermist places, so it’s kind of weird to compare the s-risk funding infrastructure to the general longtermist funding infrastructure.
I wrote this off the cuff and in particular, might substantially revise my predictions with 15 minutes of thought.
Ok, so for me, the takeaway and socially best message (for a proponent of S-risk) is probably:
“For strong ideas/founders/leaders, there is ample funding for top new initiatives in S-risk.”
Also, if you might revise this with “15 minutes of thought”, that implies that you wrote this detailed, thoughtful comment in comparable time, which seems really impressive.
Haha, no, it took me quite a bit longer to phrase what I wrote but I didn’t have dedicated non-writing thinking time, e.g. the claim about the expected ratio of future assets seems like something I could sanity check + get a better number for with a pen and pencil and a few minutes but I was too lazy to do that :)
(And I can’t let false praise of me stand)
edit to also comment on the substantial part of your comment: Yes, that takeaway seems good to me!
edit edit: Although I’d caveat that s-risk is less mature than general longtermism (more “pre-paradigmatic” for people who like that word), so there might be less (obvious) to do for founders/leaders right now and that can be very frustrating. We still always want to hear about such people.
last edit?: And as in general longtermism, if somebody is interested in s-risk and has really high EtG potential, I might sometimes prefer that. Especially given what I said above about founder/leader type people. Something within an order of magnitude or two of FTX F for s-risk reduction would obviously be a huge win for the space and I don’t think it’s crazy to think that people could achieve that.
I didn’t run this by anyone else in the s-risk funding space, so please don’t hold others to these numbers/opinions.
Tl;dr: I think this is probably right in direction but with lots of caveats. In particular, it’s still the case that s-risk has a lot of money (~low hundreds $m) compared to ideas/opportunities at least right now and at least possibly more so than general longtermism. I think this might change soon since I expect s-risk money to grow less than general longtermist money.
edit: I think s-risk is ideas constrained when it comes to small grants and funding (and ideas) constrained for large grants/investments.
I’d estimate s-risk to have something in the low hundreds $m in expected value (not time-discounted) of current assets specifically dedicated to it. Your question is slightly hard to answer since I’m guessing OpenPhil and FTXF would fund at least some s-risk projects if there were more proposals/more demand for money in s-risk. Also, a lot of funded people and projects who don’t work directly on s-risk still care about s-risk. Maybe that should be counted somehow. Naively not counting these people and OpenPhil/FTXF money at all and comparing current total assets in general longtermism vs. s-risk:
In absolute terms: Yup, general longtermism definitely has much more money (~two orders of magnitude.) My guess is that this ratio will grow bigger over time and that it will in expectation grow bigger over time. (~70% credence for each of the claims? Again confused about how to count OpenPhil and FTX F money and how they’ll decide to spend money in the future. If I stick to not counting them as s-risk money at all, then >70% credence.)
Per person working on s-risk/general longtermism: Would still say yes although I don’t have a good way to count s-risk people and general longtermist people. Could be closer to even and probably not (much) more than an order of magnitude difference. Again, quick and wild guess is that the difference will in expectation grow larger over time, but less confident in this than my guess about how the ratio of absolute money will develop. (55%?)
Per quality-adjusted idea/opportunity to spend money: Unsure. I’d (much) rather have more money-eating ideas/opportunities to reduce s-risk than more money to reduce s-risk but I’m not sure if this is more or less the case compared to general longtermism (s-risk has both fewer ideas/opportunities and less money). Also don’t know how this will develop. Arguably, the ratio between money and idea/opportunity also isn’t a great metric because you might care more about absolutes here. I think some people might argue that s-risk is less funding constrained compared to ideas-constrained than general longtermism. This isn’t exactly what you’ve asked for but still seems relevant. OTOH, having less absolute money does mean that the s-risk space might struggle to fund even one really expensive project.
edit: I do think if we had significantly more money right now, we would be spending more money now-ish.
Per “how much people in the EA community care about this issue”: Who knows :) I’m obviously both biased and in a position that selects for my opinion.
Funding infrastructure: Funding in s-risk is even more centralized than in general longtermism, so if you think diversification is good, more s-risk funders are good :) There are also fewer structured opportunities for funding in s-risk and I think the s-risk funding sources are generally harder to find. Although again, I assume one could easily apply with an s-risk motivated proposal to general longtermist places, so it’s kind of weird to compare the s-risk funding infrastructure to the general longtermist funding infrastructure.
I wrote this off the cuff and in particular, might substantially revise my predictions with 15 minutes of thought.
Wow, thanks for the reply!
Ok, so for me, the takeaway and socially best message (for a proponent of S-risk) is probably:
“For strong ideas/founders/leaders, there is ample funding for top new initiatives in S-risk.”
Also, if you might revise this with “15 minutes of thought”, that implies that you wrote this detailed, thoughtful comment in comparable time, which seems really impressive.
Haha, no, it took me quite a bit longer to phrase what I wrote but I didn’t have dedicated non-writing thinking time, e.g. the claim about the expected ratio of future assets seems like something I could sanity check + get a better number for with a pen and pencil and a few minutes but I was too lazy to do that :)
(And I can’t let false praise of me stand)
edit to also comment on the substantial part of your comment: Yes, that takeaway seems good to me!
edit edit: Although I’d caveat that s-risk is less mature than general longtermism (more “pre-paradigmatic” for people who like that word), so there might be less (obvious) to do for founders/leaders right now and that can be very frustrating. We still always want to hear about such people.
last edit?: And as in general longtermism, if somebody is interested in s-risk and has really high EtG potential, I might sometimes prefer that. Especially given what I said above about founder/leader type people. Something within an order of magnitude or two of FTX F for s-risk reduction would obviously be a huge win for the space and I don’t think it’s crazy to think that people could achieve that.