The Open Philanthropy Project recently bought a seat on the board of the billion-dollar nonprofit AI research organization OpenAI for $30 million. Some people have said that this was surprisingly cheap, because the price in dollars was such a low share of OpenAI's eventual endowment: 3%.
To the contrary, this seat on OpenAI's board is very expensive, not because the nominal price is high, but precisely because it is so low.
If OpenAI hasn’t extracted a meaningful-to-it amount of money, then it follows that it is getting something other than money out of the deal. The obvious thing it is getting is buy-in for OpenAI as an AI safety and capacity venture. In exchange for a board seat, the Open Philanthropy Project is aligning itself socially with OpenAI, by taking the position of a material supporter of the project. The important thing is mutual validation, and a nominal donation just large enough to neg the other AI safety organizations supported by the Open Philanthropy Project is simply a customary part of the ritual.
By my count, the grant is larger than all the Open Philanthropy Project's other AI safety grants combined.
(Cross-posted at my personal blog.)
oh boy, FacebookFilantropy buying a seat in OpenNuke
honestly, don't know what's worse: Old Evil (govt/military/intelligence hawks) or New Evil (esp. those pretending they are no evil) doing this (AI/AGI etc)
with OldEvil we are at least more or less sure that they will screw it up and also roughly how... but NewEvil may screw it up much more royally, as they are much more effective and faster