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.)
"We think MIRI is literally useless" is a decent reason not to fund MIRI at all, and is broadly consistent with Holden's early thoughts on the matter. But it's a weird reason to give MIRI $500K but OpenAI $30M. It's possible that no one has the capacity to do direct work on the long-run AI alignment problem right now. In that case, backwards-chaining to how to build the capacity seems really important.
While I disagree with Holden that MIRI is near-useless, I think his stated reasons for giving MIRI $500k are pretty good reasons that I'd do myself if I had that money and thought MIRI was near-useless.
(Namely, that so far MIRI has had a lot of good impacts regardless of the quality of their research, in terms of general community building, and that this should be rewarded so that other orgs are incentivized to do things like that)