The era of free-spending EA is over, and it’s time to get back to our roots. We need to once again maximize impact per dollar, not just throw money at promising 17-year-olds. To that end, we ought to start firing unproductive community members. As we know from the Pareto principle, 20% of people have 80% of the impact, so we can easily 5x our cost-effectiveness by laying off 4/​5ths of our staff. While we’re at it, we should sell off all that wasteful office real estate OpenPhil and Constellation have acquired, in order to focus on the most effective assets, like Wytham Abbey.
The era of free-spending EA is over, and it’s time to get back to our roots. We need to once again maximize impact per dollar, not just throw money at promising 17-year-olds. To that end, we ought to start firing unproductive community members. As we know from the Pareto principle, 20% of people have 80% of the impact, so we can easily 5x our cost-effectiveness by laying off 4/​5ths of our staff. While we’re at it, we should sell off all that wasteful office real estate OpenPhil and Constellation have acquired, in order to focus on the most effective assets, like Wytham Abbey.