Right. For comparison software engineers (of all kinds, including ML engineers) at early-stage startups generally add between $500k and $1mm to the company’s valuation, i.e. investors believe these employees make the company worth buying/selling for that much additional money. There’s a lot that goes into where that number comes from, but it does at least suggest that O($1mm) is reasonable.
In MIRI’s fundraiser they released their 2019 budget estimate, which spends about half on research personnel. I’m not sure how this compares to similar organizations.
The cost per researcher is typically larger than what they get paid, since it also includes overhead (administration costs, office space, etc).
Right. For comparison software engineers (of all kinds, including ML engineers) at early-stage startups generally add between $500k and $1mm to the company’s valuation, i.e. investors believe these employees make the company worth buying/selling for that much additional money. There’s a lot that goes into where that number comes from, but it does at least suggest that O($1mm) is reasonable.
whats the charity overhead for something like miri or fhi?
In MIRI’s fundraiser they released their 2019 budget estimate, which spends about half on research personnel. I’m not sure how this compares to similar organizations.