Just posting my reactions to reading this:
I find that rates are fairly high:
25% of signatories have been accused of financial misconduct, and 10% convicted
That’s really high?? Oh—this is not the giving what we can pledge😅
I estimate that Giving Pledgers are not less likely, and possibly more likely, to commit financial crimes than YCombinator entrepreneurs.
At what stage of YC? I guess that will be answered later. EDIT:
I previously estimated that 1-2% of YCombinator-backed companies with valuations over $100M had serious allegations of fraud.
.
Gina and I eventually decided that the data collection process was too time-consuming, and we stopped partway through. The final dataset includes 115 of the 232 signatories.
Random, alphabetical, or date ordered? Not that it will really matter—although I guess I would expect the earlier pledgers to be more altruistic, maybe more risk taking though.
I found that the punishment of the criminals in my data set correlated extremely poorly with my intuition for how immorally they had behaved. It would be funny if it weren’t sad that one of the longest prison sentences in my data set is from Kjell Inge Røkke, a Norwegian businessman who was convicted of having an illegal license for his yacht.
Ohhh ok 😂😅 Yeah that is funny and sad.
[Milken] was pardoned by Donald Trump in 2020.
😑
While not all Giving Pledge signatories are entrepreneurs, a large fraction are, which makes this a reasonable reference class. (An even better reference class would be “non-signatory billionaires”, of course.)
Agree
Despite this, I can find very little criticism referencing the fact that many of these signatories are criminals.
This is interesting, and is naturally raised by this post (v. interesting by the way). It makes me wonder about their screening practices. I’m guessing a random like me can’t sign up (they check one’s net wealth somehow?) but perhaps that’s all? If any billionaire can sign up, then maybe it’s not really the giving pledge that one should criticize?
If I have an automated system which is generally competent at managing, maintaining and negotiating, then can I not say I have the solution to those things? This is the sense in which it means to solve alignment. It is a lofty goal, yes. I don’t think it’s incoherent, but I do tend to think that it means a system that both “wins” (against other systems, including humans) and is “aligned” (behaves to the greatest extent possible, while still winning, in the general best interest of <insert X>). Take that how you will—many do not think aiming for such a thing is advisable, due to the implications of “winning”.
The “to whom” is either not considered part of alignment itself, or it is assumed to be 5. on your list. 1, 2, 3 & 4 would not typically considered “solving alignment”, although 1. is sometimes advocated for by hardcore democracy believers. I personally think if it’s not 5., then it’s not really achieving anything of note, as it still leaves the world with many competing mutually-malign agents.
This is all to defend the technical (but arguably useless) meaning of “solving alignment”. I agree with everything else in your post. It is absolutely a “wicked problem”, involving competition with intelligent adversaries, an evolving landscape, and a moving target.