Don't default to nonprofit
business
LessWrong's Austin Chen argues that AI safety organizations shouldn't automatically default to nonprofit status. The conventional wisdom says that mission-driven work requires nonprofit structure, but Chen makes the case that for-profit companies are often the better vehicle for doing good. For-profits can scale more easily, get immediate feedback from customers, and avoid relying on a small set of grantmakers. They can also attract top talent through equity compensation and operate with what Chen calls 'shipping energy' — a focus on building and iterating rather than careful deliberation. The trade-off is real: for-profits only serve excludable goods to people who can pay. But as AI safety funding grows exponentially, Chen argues, the ecosystem can't scale the number of human grantmakers fast enough. The for-profit model — from organizations selling safety tools to labs, or charging for training — might just be the missing piece in how the field funds itself.
Source: https://www.lesswrong.com/posts/8T4MTntw4tyqc6eFm/don-t-d...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton