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I want to make sure I fully understand the accusation here. You're saying that the Open Philanthropy Fund - which is funded by an $8.3 billion grant from Dusti

by jaibot 10y ago

I want to make sure I fully understand the accusation here. You're saying that the Open Philanthropy Fund - which is funded by an $8.3 billion grant from Dustin Moskovitz and Cari Tuna, also close associates - is funneling $30M money to an organization that pays below market rates (https://www.quora.com/What-is-compensation-like-at-the-non-profit-OpenAI https://www.quora.com/What-is-compensation-like-at-the-non-p...), run by people who have dedicated their professional careers and millions of dollars to philanthropic causes despite being surrounded by way more lucrative opportunities for anyone with their skillsets. If this were the scheme, there are countless better ways to do it. They could just give them the money without any pretense. Dustin and Cari didn't have to tie up this money in OPP. They could have skipped the years of working with Holden and others for years to identify the best giving opportunities, avoided any blowback, and just used their money the way every other billionaire does. Or, instead of just giving it away, they could have made him an absurdly compensated CEO of a new startup. And none of that would have attracted any attention, no sneering condemnation, just business as usual. But that's not what they did. They've spent years painstakingly identifying the best causes they could find - anti-malarial nets, poverty relief via direct cash transfers, biosecurity, intestinal work treatment, Schistosomiasis, prison reform, and yes, AI safety. They've oriented their entire lives around this project, so of course many of the people they're close to are working on similar projects. So it really, really shouldn't be a shocking twist that one of the people they're close to might be in a position to use a small fraction of their available funds for a lot of potential good. There are fewer than 100 people working full-time on AI safety today. If you've concluded that it's an important cause area, there really aren't many options. And even then, they didn't have to disclose their personal connection. They really could have just left well enough alone. But because they're dedicated to transparency even in the face of stupidity, they made their personal connection prominent and obvious. So now anyone on the Internet can cruise on by and - ignoring the millions donated to third-world poverty and health causes, ignoring the multitude of ways the money could have been quietly and selfishly used, ignoring the fact that non-profits invariably pay below-market rates, ignoring the copious public writing and research that's gone into these decisions - can simply gawk and say "unbelievable". When people say "No good deed goes unpunished", this is what they're talking about.

_benedict 10y ago
I don't know - it certainly seems to me that this seriously tarnishes the credibility of Give Well, whose stated aim is to improve everyone's (not just Dustin's) charitable resource allocation. The likelihood that this $30m is the best possible use of that money? It just happens to be that this personal connection occurs by chance? Pretty much zero. Of course all opportunities in life are down to your network, but this is pretty cut-and-dry nepotism. If this were a totally unrelated personal investment by Dustin in a friend, it would not be seen as problematic. By investing through these supposedly impartial organisations that aim to influence everyone's behaviour, their credibility in this mission is clearly harmed. (At least this my initial response, while allowing that this may change if a more detailed analysis shows this to be misplaced. But without this expression of mistrust, such an analysis is highly unlikely to take place, and I do not immediately see how it could fully alleviate this concern)
- jaibot 10y ago
  This isn't a GiveWell rec, it's an OPP grant. OPP literally exists to give away Dustin's money. Go to OPP's (or Good Ventures') site and notice the glaring lack of a donate button.
  - _benedict 10y ago
    "The Open Philanthropy Project is a collaboration between Good Ventures and GiveWell in which we identify outstanding giving opportunities, make grants, follow the results, and publish our findings. The Project is not, itself, an organization." edit: I cannot reply to the below, so I will edit my comment. I am aware that GiveWell does not invest money. Instead it provides impartial analysis of investment impact. My contention is that this was not impartial. Dustin can handle his own money, but: People using GiveWell to decide their own investments should now think twice in my view. Which kind of defeats the whole point.
    - jaibot 10y ago
      And then there's the next paragraph: > The Open Philanthropy Project typically recommends grants to the Open Philanthropy Project fund, a donor advised fund at the Silicon Valley Community Foundation. Support for the Open Philanthropy Project fund comes primarily from Good Ventures, though other donors have contributed as well. In some cases, the Open Philanthropy Project makes grant recommendations directly to Good Ventures. It's basically all GV money - that is to say, Dustin and Cari's money.

by jaibot 10y ago

_benedict 10y ago

I don't know - it certainly seems to me that this seriously tarnishes the credibility of Give Well, whose stated aim is to improve everyone's (not just Dustin's) charitable resource allocation. The likelihood that this $30m is the best possible use of that money? It just happens to be that this personal connection occurs by chance? Pretty much zero. Of course all opportunities in life are down to your network, but this is pretty cut-and-dry nepotism. If this were a totally unrelated personal investment by Dustin in a friend, it would not be seen as problematic. By investing through these supposedly impartial organisations that aim to influence everyone's behaviour, their credibility in this mission is clearly harmed. (At least this my initial response, while allowing that this may change if a more detailed analysis shows this to be misplaced. But without this expression of mistrust, such an analysis is highly unlikely to take place, and I do not immediately see how it could fully alleviate this concern)

jaibot 10y ago
This isn't a GiveWell rec, it's an OPP grant. OPP literally exists to give away Dustin's money. Go to OPP's (or Good Ventures') site and notice the glaring lack of a donate button.
- _benedict 10y ago
  "The Open Philanthropy Project is a collaboration between Good Ventures and GiveWell in which we identify outstanding giving opportunities, make grants, follow the results, and publish our findings. The Project is not, itself, an organization." edit: I cannot reply to the below, so I will edit my comment. I am aware that GiveWell does not invest money. Instead it provides impartial analysis of investment impact. My contention is that this was not impartial. Dustin can handle his own money, but: People using GiveWell to decide their own investments should now think twice in my view. Which kind of defeats the whole point.
  - jaibot 10y ago
    And then there's the next paragraph: > The Open Philanthropy Project typically recommends grants to the Open Philanthropy Project fund, a donor advised fund at the Silicon Valley Community Foundation. Support for the Open Philanthropy Project fund comes primarily from Good Ventures, though other donors have contributed as well. In some cases, the Open Philanthropy Project makes grant recommendations directly to Good Ventures. It's basically all GV money - that is to say, Dustin and Cari's money.