I think that I agree with many aspects of the spirit of this, but it is fairly unclear to me that if organizations just tried to pay market rates for people to the extent that is possible it would result in this—I don’t think funding is distributed across priorities according to the values of the movement as a whole (or even via some better conception of priorities where more engaged people were weighted more highly or something, etc.), and I think different areas in the movement have different philosophies around compensation, so it seems like there are other factors warping funding being ideally distributed. It seems really unclear to me if EA salaries currently are actually carrying signals about impact, as opposed to mostly telling us something about the funding overhang/relative ease of securing funding in various spaces (which I think is uncorrelated with impact to some extent). I guess to the extent that salaries seem correlated with impact (which I think is possibly happening but am uncertain), I’m not sure the reason is that it is the EA job market pricing in impact.
I’m pretty pro compensation going up in the EA space (at least to some extent across the board, and definitely in certain areas), but I think my biggest worry is that it might make it way harder to start new groups—the amount of seed funding a new organization needs to get going when the salary expectations are way higher (even in a well funded area) seems like a bigger barrier to overcome, even just psychologically, for entrepreneurial people who want to build something.
Though also I think a big thing happening here is that lots of longtermism/AI orgs. are competing with tech companies for talent, and other organizations are competing with non-EA businesses that pay less than tech companies, so the salary stratification is just naturally going to happen.
I think that I agree with many aspects of the spirit of this, but it is fairly unclear to me that if organizations just tried to pay market rates for people to the extent that is possible it would result in this—I don’t think funding is distributed across priorities according to the values of the movement as a whole (or even via some better conception of priorities where more engaged people were weighted more highly or something, etc.), and I think different areas in the movement have different philosophies around compensation, so it seems like there are other factors warping funding being ideally distributed. It seems really unclear to me if EA salaries currently are actually carrying signals about impact, as opposed to mostly telling us something about the funding overhang/relative ease of securing funding in various spaces (which I think is uncorrelated with impact to some extent). I guess to the extent that salaries seem correlated with impact (which I think is possibly happening but am uncertain), I’m not sure the reason is that it is the EA job market pricing in impact.
I’m pretty pro compensation going up in the EA space (at least to some extent across the board, and definitely in certain areas), but I think my biggest worry is that it might make it way harder to start new groups—the amount of seed funding a new organization needs to get going when the salary expectations are way higher (even in a well funded area) seems like a bigger barrier to overcome, even just psychologically, for entrepreneurial people who want to build something.
Though also I think a big thing happening here is that lots of longtermism/AI orgs. are competing with tech companies for talent, and other organizations are competing with non-EA businesses that pay less than tech companies, so the salary stratification is just naturally going to happen.