Thanks for writing this! Iâm trying to think through this as Iâm writing it. Here are a bunch of not-too-well-formed ideas:
There might be âa lot more fundingâ available soon (note: this is still TBC. I believe a lot of caution is warranted on that question)
This might result in a significant âlowering of the funding barâ from funders.
In this case, it will attract many more people to:
work for EA and/âor AI safety projects
launch new initiatives.
As a community-builder, I tend to have a bias for people with deep engagement with EA principles. But I think many projects can be good with leaders who have not initially spent much time thinking about EA.
Iâm not sure Iâve heard much criticism in mainstream discourse about how easily EA funding was granted during the pre-FTX funding. Itâs not surprising, given the fact that most people donât think much about it.
It would probably be much more discussed in some specific spheres: philanthropy in general, TPOT, non-EA spheres.
Most of all, I think funders (and all of us) should consider the impact this situational change could bring to EAâs culture, epistemics, and appropriate trust levels in what might become (again) less of a community and more of a ânetworkâ.
At this stage, I think I broadly
would avoid talking about âvulturesâ as this seems insulting to both 1) vultures and 2) people who are rationally looking for funding opportunities
share your state of alarm about what this will do to EAâs culture
still believe this could be immensely good
believe that the increase in funding will take some time and that we should invest a lot in grantmaking to maintain decent standards of scrutiny (as well as coordination mechanisms).
I see many good points in the comments of the original The Vultures Are Circling by CitizenTen that you refer to. Most of mine were somehow expressed there already^^
Thanks a lot for this article, itâs very useful to improve my understanding of whatâs happening and what to make of it! This has been discussed a lot already, but the claims were usually made with somewhat motivated reasoning and cherry-picked and/âor weak arguments.