It depends. I think investing in publicly-traded stocks has a smallish effect on helping the underlying company (see Harris (2022), Pricing Investor Impact). I think investing in private companies is probably much worse and should be avoided.
Yes that’s also fair. Conflicts of interest are a serious concern and this might partially explain why big funders generally don’t support efforts to pause AI development.
I think it’s ok to invest a little bit into public AI companies, but not so much that you’d care if those companies took a hit due to stricter regulations etc.
How do you feel about EA’s investing in AI companies with their personal portfolio?
It depends. I think investing in publicly-traded stocks has a smallish effect on helping the underlying company (see Harris (2022), Pricing Investor Impact). I think investing in private companies is probably much worse and should be avoided.
Isn’t the more important point about having a conflict of interest with pauseAI efforts?
Yes that’s also fair. Conflicts of interest are a serious concern and this might partially explain why big funders generally don’t support efforts to pause AI development.
I think it’s ok to invest a little bit into public AI companies, but not so much that you’d care if those companies took a hit due to stricter regulations etc.