The EA strategy fortnight is really rocking. Have been amazing posts during the last week and this is no exception!
That 2 out of every 3 community building dollars to date has come from open Phil is a big surprise to me, but I suppose won’t be to others.
One point I would be interested in is direct donations from individuals towards community building. Obviously individual donation money will come through other orgs often too so will not be easy to track, but it would be great to see how individual donation money to community building had developed over the years. Seeing the big donations from Jeff Julia and Jan is great but what about the rest post 2016, after earning to give had really got rolling?
Instinctively I would have thought that perhaps a disproportionately high amount of donation money would flow this way, because so many of us have benefited directly from community building activities, especially as students which might make us more inclined to give back as we started earning the big EA bucks, the huge AI safety bucks or the less significant earning to give bucks (j/k)
Anyways is here any easy way to isolate individual donations one this data?
While I expect there are a handful of other large-ish donors not mentioned here (because they’d rather remain anonymous or they’ve just been missed), I suspect contributions from the vast majority of individual donors just collectively doesn’t amount to much compared with the funding sources we see in this post.
1 billionaire ~= 5,000 Google SWE earning to give 30% of their income
Wait, that doesn’t sound right? A Google SWE giving 30% is ~$160k/y ($500k pay * 30% + $10k donation match) [EDIT: see comments; $130k/y is better]. If you had 5k of these that would be $800M/y [EDIT: $650M/y]. OpenPhil (especially large and committed for a billionaire) gave $606M in 2022, their most ever.
Maybe 1,000 engineers would be a better estimate? That would give close to what OpenPhil granted in 2018.
New grads are hired at L3, and almost everyone makes it to L4, typically within 2-3y. Most of them get to L5, typically 3-5y from then. L5 is a fine place to stay, and getting promoted above that is harder and is no longer most people. I was hired at L3 and got promoted at L6 after about 9y.
Looking at levels.fyi I see average total comp of:
L3: $182k
L4: $270k
L5: $357k
L6: $474k
L7: $657k
I think this is across the whole US, though, and while I can’t get it to show me Bay Area numbers right now, my memory is they are about 30% higher?
But seems like I should have said $400k instead of $500k? Edited my comment above.
The EA strategy fortnight is really rocking. Have been amazing posts during the last week and this is no exception!
That 2 out of every 3 community building dollars to date has come from open Phil is a big surprise to me, but I suppose won’t be to others.
One point I would be interested in is direct donations from individuals towards community building. Obviously individual donation money will come through other orgs often too so will not be easy to track, but it would be great to see how individual donation money to community building had developed over the years. Seeing the big donations from Jeff Julia and Jan is great but what about the rest post 2016, after earning to give had really got rolling?
Instinctively I would have thought that perhaps a disproportionately high amount of donation money would flow this way, because so many of us have benefited directly from community building activities, especially as students which might make us more inclined to give back as we started earning the big EA bucks, the huge AI safety bucks or the less significant earning to give bucks (j/k)
Anyways is here any easy way to isolate individual donations one this data?
While I expect there are a handful of other large-ish donors not mentioned here (because they’d rather remain anonymous or they’ve just been missed), I suspect contributions from the vast majority of individual donors just collectively doesn’t amount to much compared with the funding sources we see in this post.
Wait, that doesn’t sound right? A Google SWE giving 30% is ~$160k/y ($500k pay * 30% + $10k donation match) [EDIT: see comments; $130k/y is better]. If you had 5k of these that would be $800M/y [EDIT: $650M/y]. OpenPhil (especially large and committed for a billionaire) gave $606M in 2022, their most ever.
Maybe 1,000 engineers would be a better estimate? That would give close to what OpenPhil granted in 2018.
what percent of Google SWEs hit $500k?
New grads are hired at L3, and almost everyone makes it to L4, typically within 2-3y. Most of them get to L5, typically 3-5y from then. L5 is a fine place to stay, and getting promoted above that is harder and is no longer most people. I was hired at L3 and got promoted at L6 after about 9y.
Looking at levels.fyi I see average total comp of:
L3: $182k
L4: $270k
L5: $357k
L6: $474k
L7: $657k
I think this is across the whole US, though, and while I can’t get it to show me Bay Area numbers right now, my memory is they are about 30% higher?
But seems like I should have said $400k instead of $500k? Edited my comment above.