Oh, so if this is not IPO-contingent, what explains the timing on this? Why 2026 or 2027 and not 2025 or 2024?
I do know there are platforms like Forge Global and Hiive that allow for buying/​selling shares in private startups on the secondary market. I just wonder why a lot of people would be selling their shares in 2026 or 2027, specifically, rather than holding onto them longer. I think many employees of these AI companies are true believers in the growth story and the valuation story for these companies, and might be reluctant to sell their equity at a time when they feel they’re still in the most rapid growth phase of the company.
Any particular reason to think many people out of these dozens or hundreds of nouveau riche will want to donate to meta-EA? I understand the argument for people like Daniela Amodei and Holden Karnofsky to give to meta-EA (although, as noted in another comment, Daniela Amodei says she doesn’t identify with effective altruism), but I don’t understand the argument for a lot of smaller donors donating to meta-EA.
Interesting footnote about the Future of Life Institute. Would that apply to a software engineer working for OpenAI or Anthropic, or just a donation directly from one of those companies?
My general point about established charities like the Future of Life Institute or any other example you care to think about is that most donors will probably prefer to donate directly to charities rather than donating through an EA fund or a regranter. And most will probably want to donate to things other than meta-EA.
these are good questions and points. i have answers and explanations such that the points you raise do not particularly change my mind, but i feel aversion towards explaining them on a public forum. thanks for understanding.
Oh, so if this is not IPO-contingent, what explains the timing on this? Why 2026 or 2027 and not 2025 or 2024?
I do know there are platforms like Forge Global and Hiive that allow for buying/​selling shares in private startups on the secondary market. I just wonder why a lot of people would be selling their shares in 2026 or 2027, specifically, rather than holding onto them longer. I think many employees of these AI companies are true believers in the growth story and the valuation story for these companies, and might be reluctant to sell their equity at a time when they feel they’re still in the most rapid growth phase of the company.
Any particular reason to think many people out of these dozens or hundreds of nouveau riche will want to donate to meta-EA? I understand the argument for people like Daniela Amodei and Holden Karnofsky to give to meta-EA (although, as noted in another comment, Daniela Amodei says she doesn’t identify with effective altruism), but I don’t understand the argument for a lot of smaller donors donating to meta-EA.
Interesting footnote about the Future of Life Institute. Would that apply to a software engineer working for OpenAI or Anthropic, or just a donation directly from one of those companies?
My general point about established charities like the Future of Life Institute or any other example you care to think about is that most donors will probably prefer to donate directly to charities rather than donating through an EA fund or a regranter. And most will probably want to donate to things other than meta-EA.
these are good questions and points. i have answers and explanations such that the points you raise do not particularly change my mind, but i feel aversion towards explaining them on a public forum. thanks for understanding.