My guess is that this new neartermist-only EA would not have the resources to do a bunch of things which EA currently does—it’s not clear to me that it would have an actively maintained custom forum, or EAGs, or EA Funds. James Snowden at Open Phil recently started working on grantmaking for neartermist-focused EA community growth, and so there would be at least one dedicated grantmaker trying to make some of this stuff happen. But most of the infrastructure would be gone.
This paragraph feels pretty over the top. When you say “resources” I assume you mean that neartermist EAs wouldn’t have enough money to maintain the Forum, host EAGs, run EA Funds, etc. This doesn’t feel either that accurate, partially on the account that I don’t think those infrastructure examples are particularly resource or labour-intensive, or sufficient money is available to make them happen:
Forum: Seems like 1-2 people are working FTE on maintaining the forum. This doesn’t seem like that much at all and to be frank, I’m sure volunteers could also manage it just fine if necessary (assuming access to the underlying codebase).
EA Funds: Again, 1-2 FTE people working on this, so I think this is hardly a significant resource drain, especially since 2.5 of the funds are neartermist.
EAGs: Yes, definitely more expensive than the above two bits of infrastructure, but also I know at least one neartermist org is planning a conference (tba) so I don’t think this number will fall to 0. More likely it’ll be less than it is right now, but one could also reasonably think we currently have more than what is optimally cost-effective.
Overall it seems like you either (1) Think neartermist EA has access to very few resources relative to longtermist EA or (2) that longtermist EA doesn’t have as much direct work to spend money on so by default they spend a higher % of total funds on movement infrastructure?
For (1): I would be curious to hear more about this, as seems like without FTX, the disparities in neartermist and longtermist funding aren’t huge (e.g. I think no more than 10x different?). Given that OP / Dustin are the largest funders, and the longtermist portfolio of OP is likely going to be around 50% of OP’s portfolio, this makes me think differences won’t be that large without new longtermist-focused billionaires.
For (2): I think this is largely true, but again I would be surprised if this led to longtermist EA being willing to spend 50x more than neartermist EA (I could imagine a 10x difference). That said, a few million for neartermist EA, which I think is plausible, would cover a lot of core infrastructure.
How come you think that? Maybe I’m biased from spending lots of time with Charity Entrepreneurship folks but I feel like I know a bunch of talented and entrpreneurial people who could run projects like the ones mentioned above. If anything, I would say neartermist EA has a better (or at least, longer) track record of incubating new projects relative to longtermist EA!
I also think that the value of a nice forum, EAGs, and the EA Funds is lower for non-longtermists (or equivalently the opportunity cost is higher).
E.g. if there was no forum, and the CE folks had extra $ and talent, I don’t think they would make one. (Or EAGs, or possibly ACE EA funds). Also, the EA fund For global health and development is already pretty much just the GiveWell All Grants Fund.
This paragraph feels pretty over the top. When you say “resources” I assume you mean that neartermist EAs wouldn’t have enough money to maintain the Forum, host EAGs, run EA Funds, etc. This doesn’t feel either that accurate, partially on the account that I don’t think those infrastructure examples are particularly resource or labour-intensive, or sufficient money is available to make them happen:
Forum: Seems like 1-2 people are working FTE on maintaining the forum. This doesn’t seem like that much at all and to be frank, I’m sure volunteers could also manage it just fine if necessary (assuming access to the underlying codebase).
EA Funds: Again, 1-2 FTE people working on this, so I think this is hardly a significant resource drain, especially since 2.5 of the funds are neartermist.
EAGs: Yes, definitely more expensive than the above two bits of infrastructure, but also I know at least one neartermist org is planning a conference (tba) so I don’t think this number will fall to 0. More likely it’ll be less than it is right now, but one could also reasonably think we currently have more than what is optimally cost-effective.
Overall it seems like you either (1) Think neartermist EA has access to very few resources relative to longtermist EA or (2) that longtermist EA doesn’t have as much direct work to spend money on so by default they spend a higher % of total funds on movement infrastructure?
For (1): I would be curious to hear more about this, as seems like without FTX, the disparities in neartermist and longtermist funding aren’t huge (e.g. I think no more than 10x different?). Given that OP / Dustin are the largest funders, and the longtermist portfolio of OP is likely going to be around 50% of OP’s portfolio, this makes me think differences won’t be that large without new longtermist-focused billionaires.
For (2): I think this is largely true, but again I would be surprised if this led to longtermist EA being willing to spend 50x more than neartermist EA (I could imagine a 10x difference). That said, a few million for neartermist EA, which I think is plausible, would cover a lot of core infrastructure.
The main bottleneck I’m thinking of is energetic people with good judgement to execute on and manage these projects.
How come you think that? Maybe I’m biased from spending lots of time with Charity Entrepreneurship folks but I feel like I know a bunch of talented and entrpreneurial people who could run projects like the ones mentioned above. If anything, I would say neartermist EA has a better (or at least, longer) track record of incubating new projects relative to longtermist EA!
I also think that the value of a nice forum, EAGs, and the EA Funds is lower for non-longtermists (or equivalently the opportunity cost is higher).
E.g. if there was no forum, and the CE folks had extra $ and talent, I don’t think they would make one. (Or EAGs, or possibly
ACEEA funds).Also, the EA fund For global health and development is already pretty much just the GiveWell All Grants Fund.