The optimal timing of spending on AGI safety work; why we should probably be spending more now
Tristan Cook & Guillaume Corlouer October 24th 2022 Summary When should funders wanting to increase the probability of AGI going well spend their money? We have created a tool to calculate the optimum spending schedule and tentatively conclude funders collectively should be spending at least 5% of their capital each year on AI risk interventions and in some cases up to 35%. This is likely higher than the current AI risk community spending rate which is at most 3%. In most cases, we find that the optimal spending schedule is between 5% and 15% better than the ‘default’ strategy of just spending the interest one accrues and from 15% to 50% better than a naive projection of the community’s spending […]
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