Yeah, that’s fair. Sorry if my comment came across as overly confrontational.
On reflection, getting an accurate sense of the costs of food in Nassau is probably quite useful for many FTX Fellowship applicants, whereas I doubt many are interested in seeing you and I arrange the terms of a public bet. So although I was the one who proposed the bet and am still interested in it (and am happy to go up to $250 and rely on a survey of FTX EA fellows as you suggested), I am now more inclined to just share my estimates and see how much they disagree with yours or those of others, and perhaps explore the reasons for that disagreement.
So, without doing basically any research, and relying solely on the link I provided above and the links Stefan later shared, I’d say my best estimate is that food in Nassau is roughly as expensive as food in the Bay Area. Again very roughly, I’d say there’s a 50% chance that food in Nassau is between 25% less expensive and 25% more expensive as in the Bay, and maybe a 90% chance that it’s less than 50% more expensive. This doesn’t take into account the fact that you seem to trust your friend’s estimates, which may cause me to update a bit in your direction.
Thanks for your estimates! I’m also sorry if I appeared confrontational, but upon reflection I appreciate the pushback!
Taking a step back, isn’t this all a bit weird? Given that there’s going to only be a projected 10-25 fellows, and that a CEO of a billion-dollar trading firm is personally spending time to evaluate applications, I really don’t think it makes sense, taking the broad view, for people who get the offer to decide not to go due to financial costs.
But of course that’s the “view from above”, and individual EAs may be substantially liquidity or otherwise constrained. Hopefully this will not deter people from applying, and accepted fellows can provide feedback on whether they think the location would be a financial hardship, and I’m optimistic that either FTX or the rest of the EA movement can figure this out.
Yeah, that’s fair. Sorry if my comment came across as overly confrontational.
On reflection, getting an accurate sense of the costs of food in Nassau is probably quite useful for many FTX Fellowship applicants, whereas I doubt many are interested in seeing you and I arrange the terms of a public bet. So although I was the one who proposed the bet and am still interested in it (and am happy to go up to $250 and rely on a survey of FTX EA fellows as you suggested), I am now more inclined to just share my estimates and see how much they disagree with yours or those of others, and perhaps explore the reasons for that disagreement.
So, without doing basically any research, and relying solely on the link I provided above and the links Stefan later shared, I’d say my best estimate is that food in Nassau is roughly as expensive as food in the Bay Area. Again very roughly, I’d say there’s a 50% chance that food in Nassau is between 25% less expensive and 25% more expensive as in the Bay, and maybe a 90% chance that it’s less than 50% more expensive. This doesn’t take into account the fact that you seem to trust your friend’s estimates, which may cause me to update a bit in your direction.
Thanks for your estimates! I’m also sorry if I appeared confrontational, but upon reflection I appreciate the pushback!
Taking a step back, isn’t this all a bit weird? Given that there’s going to only be a projected 10-25 fellows, and that a CEO of a billion-dollar trading firm is personally spending time to evaluate applications, I really don’t think it makes sense, taking the broad view, for people who get the offer to decide not to go due to financial costs.
But of course that’s the “view from above”, and individual EAs may be substantially liquidity or otherwise constrained. Hopefully this will not deter people from applying, and accepted fellows can provide feedback on whether they think the location would be a financial hardship, and I’m optimistic that either FTX or the rest of the EA movement can figure this out.