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.)
Otherwise OpenAI's status would be reduced towards their level, by accepting a similarly-sized grant from OpenPhil as though they were just another supplicant.
But is this really even a "neg" to begin with? My understanding is that MIRI's approach to AI safety is substantially different and that they are primarily performing pure mathematical research as opposed to being based around software development and actual AI implementation. This would mean that their overhead costs are substantially lower than OpenAI's. Additionally, OpenAI might have a shot at attracting more of the big-shot AI researchers whose market value are extremely high at the moment - to do this it would need a great deal of money to offer the appropriate financial incentives. Whereas for MIRI to convince mathematicians to join would be based more on whether or not they can find or convince someone that working on their problem is both important and interesting, and my guess is that it would be a lot cheaper, since I would think that in general mathematicians are getting paid quite a bit less than ML researchers on average. So a $30 million grant might be able to accomplish a lot more at OpenAI than at MIRI, at least in the short term.