It looks like this is driven entirely by Givewell/global health and development reduction, and that actually the other fields have been stable or even expanding.
This seems the opposite of what the data says up to 2024
Comparing 2024 to 2022, GH decreased by 9%, LTXR decreased by 13%, AW decreased by 23%, Meta decreased by 21% and “Other” increased by 23%
I think the data for 2025 is too noisy and mostly sensitive to reporting timing (whether an org publishes their grant reports early in the year or later in the year) to inform an opinion
This seems the opposite of what the data says up to 2024
Comparing 2024 to 2022, GH decreased by 9%, LTXR decreased by 13%, AW decreased by 23%, Meta decreased by 21% and “Other” increased by 23%
I think the data for 2025 is too noisy and mostly sensitive to reporting timing (whether an org publishes their grant reports early in the year or later in the year) to inform an opinion
In absolute terms, though, the drop is bigger from GH. Also OpenPhil are directing far less to GW.
I agree that its not worthwhile thinking much about the 2025 data