I want to be a counterpoint to this. Ariel Simnegar and I made AltX, which, while we shut down, I think it's hard to say did anything ethically questionable apart from merely trading crypto. We didn't do any scams, no pump and dumps, no nothing. We didn't make crazy amounts of money but we made a decent amount of money for our investors and ultimately decided to shut down since it seemed we would have trouble raising enough money and scaling our arbitrage strategies to make the effort worthwhile. All investments and profits were returned to investors without issue and I continue to have a good relationship with our investors.
I appreciate this post, upvoted. I agree with basically all the reasons for donating. Alex Bores is one of the few potential politicians who has shown any care at all about existential risk from AI, has great EA-minded staff around him, cares about other EA priorities (like AW), and rare for a politician, seems like he might be an overall decent person.
I want to push back on the career implications/career capital costs of making a donation like this. I think EAs are, by in large, far too paranoid about these kind of risks and stress out about analyzing the...
This is a great post. Good eye for catching this and making the connections here. I think I expect to see more "cutting corners" like this though I'm not sure what to do about it since I don't think internally it will feel like corners are being cut rather than necessary updates that are only obvious in hindsight.
We made a bet on the AI market crashing by the end of 2026.
The odds are $5k:$25k with an implied probability of 16.67%. If there is no crash, Remmelt pays Marcus $5,000. If there is a crash, Marcus pays Remmelt $25,000.
An AI market crash will be defined, for the purposes of this bet, as at least 2 out of 3 of the following criteria being met.
Here are our criteria:
It’s hard to come up with criteria for what constitutes an AI market crash, as many operationalizations face confounding factors that don’t constitute a crash. These...
Remmelt and I have made a bet at $5k:$25k odds on if there will be an AI market crash by the end of 2026 with a crash being designated if 2/3 of the following criteria are met:
Source for the first two criteria will be public statements by the ...
Remmelt, if you wish, I'm happy to operationalize a bet. I think you're wrong.
That doesn't seem like the right analogy. The bonds are forced to fold over themselves because electrons repel each other and don't want to touch. So the natural structures are mostly tetrahedral structures. Think of the vertices of a tetrahedron having edges that shoot towards and meet at the centre and you will see that these form 109° angles. When you imagine a bunch of these connected, you will see that they all start folding over themselves and will need to take up the same space which, is not possible because the electrons will repel. So you get dist...
I just made my account but I want to remind everyone that you cannot make inferences on how good your prediction (or how good of a bet this was) based on one data point (how this election turned out). If you want to dig deep into the odds that every state was given, you can start to make a case, but anyone with the gut reaction that since the election was close, this was a bad bet, are wrong.
I agree with this (and made this assessment about a month ago). I have asked Remmelt for payment. Id be happy to make a new similar bet. I dont see reason to believe there will be an AI crash.