So the question is ‘what governance hurdles decrease risk but don’t constitute a total barrier to entry?’
I agree. There are probably some kinds of democratic checks that honest UHNW individuals don’t mind, but have relatively big improvements for epistemics and community risk. Perhaps there are ways to add incentives for agreeing to audits or democratic checks? It seems like SBF’s reputation as a businessman benefited somewhat from his association with EA (I am not too confident in this claim). Perhaps offering some kind of “Super Effective Philanthropist” title/prize/trophy to particular UHNW donors that agree to subject their donations to democratic checks or financial audits might be an incentive? (I’m pretty skeptical, but unsure.) I’d like to do some more creative thinking here.
I wonder if submitting capital to your proposal seems a bit too much like the latter.
I agree. There are probably some kinds of democratic checks that honest UHNW individuals don’t mind, but have relatively big improvements for epistemics and community risk. Perhaps there are ways to add incentives for agreeing to audits or democratic checks? It seems like SBF’s reputation as a businessman benefited somewhat from his association with EA (I am not too confident in this claim). Perhaps offering some kind of “Super Effective Philanthropist” title/prize/trophy to particular UHNW donors that agree to subject their donations to democratic checks or financial audits might be an incentive? (I’m pretty skeptical, but unsure.) I’d like to do some more creative thinking here.
Probably.