LessWrong (Curated & Popular)

“The funding conversation we left unfinished” by jenn

4 snips
Dec 13, 2025
The AI industry is buzzing with enormous wealth, as many anticipate a significant liquidity event for Anthropic. There’s a noteworthy trend of AI professionals aligning with effective altruism and planning donations following their financial windfalls. Reflecting on 2022, discussions around increased funding before the FTX collapse revealed anxiety in the community about potential opportunism. Jenn highlights critiques about how easy money might compromise altruistic values, raising concerns about future implications for ethics in funding.
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INSIGHT

Funding Changes Community Dynamics

  • The AI wage boom risks repeating 2022's funding-induced cultural shifts within EA.
  • Increased money availability can attract resume-driven actors and erode high-trust norms.
ANECDOTE

CitizenTen's 'Vultures' Warning

  • CitizenTen warned in April 2022 that "the vultures are coming" once easy money appeared.
  • Jenn recounts gaming of grant systems and Discord servers dedicated to exploiting grant applications.
INSIGHT

Big Grants Create Strong Gaming Incentives

  • Large, no-strings scholarships create strong incentives to game the system.
  • Jenn notes a 50k Atlas Fellowship alters behaviour because it's larger than many people's yearly income.
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