Hi Sacha, thanks for writing this, good food for thought. I’ll get back to you properly next week after EA Global London (won’t have any spare time for at least 4 days).
I also wonder if we should think about the effective resources dedicated to solving a problem using a Cobb-Douglas production function: Effective Resources = Funding ^ 0.5 * Talent ^ 0.5. That would help capture cases where an increase in funding without a commensurate increase in talent in the area has actually increased the marginal returns to an extra person working on the problem.
Hi Sacha, thanks for writing this, good food for thought. I’ll get back to you properly next week after EA Global London (won’t have any spare time for at least 4 days).
I just wanted to point out quickly that we do have personal fit in our framework and it can give you up to a 100x difference between causes: https://80000hours.org/articles/problem-framework/#how-to-assess-personal-fit
I also wonder if we should think about the effective resources dedicated to solving a problem using a Cobb-Douglas production function: Effective Resources = Funding ^ 0.5 * Talent ^ 0.5. That would help capture cases where an increase in funding without a commensurate increase in talent in the area has actually increased the marginal returns to an extra person working on the problem.