I’m a bit enthusiastic about this idea. However, as already mentioned by others:
I would try it on a small scale instead of debating much.
I’d rather have it look more like an unemployment fund than as a charity, specifically because probably there are some issues on tax deduction if you can actually get the money back.
I think the main appeal of this idea is that most great ways to improve the world often involved careers change, which involves some level of personal risk.
For example, I currently face the option of earning probably quite a lot via quantum computing after having done a Ph.D. in the topic, or attempting a career change.
I know that studying things such as AI to get to AI Safety does not look too risky, but if we can find ways to mitigate the personal risk of career changes, that’d be great in my opinion.
In other words:
In personal matters, you want to be conservative because 50 million do not make you 50 times happier than 1 million.
On altruistic matters, you should aim for risky and large upside options.
I’m a bit enthusiastic about this idea. However, as already mentioned by others:
I would try it on a small scale instead of debating much.
I’d rather have it look more like an unemployment fund than as a charity, specifically because probably there are some issues on tax deduction if you can actually get the money back.
I think the main appeal of this idea is that most great ways to improve the world often involved careers change, which involves some level of personal risk. For example, I currently face the option of earning probably quite a lot via quantum computing after having done a Ph.D. in the topic, or attempting a career change. I know that studying things such as AI to get to AI Safety does not look too risky, but if we can find ways to mitigate the personal risk of career changes, that’d be great in my opinion.
In other words:
In personal matters, you want to be conservative because 50 million do not make you 50 times happier than 1 million.
On altruistic matters, you should aim for risky and large upside options.
This fund could help bridge those different aims.