This is the full text of a post from "The Obsolete Newsletter," a Substack that I write about the intersection of capitalism, geopolitics, and artificial intelligence. I’m a freelance journalist and the author of a forthcoming book called Obsolete: Power, Profit, and the Race to build Machine Superintelligence. Consider subscribing to stay up to date with my work.
Wow. The Wall Street Journal just reported that, "a consortium of investors led by Elon Musk is offering $97.4 billion to buy the nonprofit that controls OpenAI."
Technically, they can't actually do that, so I'm going to assume that Musk is trying to buy all of the nonprofit's assets, which include governing control over OpenAI's for-profit, as well as all the profits above the company's profit caps.
OpenAI CEO Sam Altman already tweeted, "no thank you but we will buy twitter for $9.74 billion if you want." (Musk, for his part, replied with just the word: "Swindler.")
Even if Altman were willing, it's not clear if this bid could even go through. It can probably best be understood as an attempt to throw a wrench in OpenAI's ongoing plan to restructure fully into a for-profit company. To complete the transition, OpenAI needs to compensate its nonprofit for the fair market value of what it is giving up.
In October, The Information reported that OpenAI was planning to give the nonprofit at least 25 percent of the new company, at the time, worth $37.5 billion. But in late January, the Financial Times reported that the nonprofit might only receive around $30 billion, "but a final price is yet to be determined." That's still a lot of money, but many experts I've spoken with think it drastically undervalues what the nonprofit is giving up.
Musk has sued to block OpenAI's conversion, arguing that he would be irreparably harmed if it went through.
But while Musk's suit seems unlikely to succeed, his latest gambit might significantly drive up the price OpenAI has to pay.
(My guess is that Altman will still ma
Getting tax-deduction in the Netherlands for donations to international EA charities is not straightforward. I've done some research made a write-up to explain how it works.
Summary: Some charities have a tax-deductible status (ANBI) in the Netherlands. If not, you can use Transnational Giving Europe or make a donation to Effective Altruism Foundation in Switzerland marked for regrant.
Full write-up (Dutch)
(Hasty) translation
The en-wiki article about effective altruism says this:
There is significant variation in the degree to which effective altruists concern themselves with the welfare of non-human animals. Most oppose practices such as factory farming; many promote vegetarian or vegan diets.
Is it true, that > 50% of people in the effective altruism movement oppose practices such as factory farming? I don't know if that's actually the case. Has there been a survey or something about it?
Hey everyone,
So, I've recently completed building an API to anonymously record donations made to charities, with the intention of allowing organisations like Giving What We Can and EAHub to automatically update the donation records of their members and to measure their impact (I figured there must be an easier way than individuals manually entering their donations).
At the moment I'm going to start working on integrating it with those organisations, and charities that are the most popular with effective altruists, but I'd also really be interested to hear any suggestions for possible applications for it that I could build?
Maybe something like a web application that exports all your donations to a CSV file?
Or maybe a Facebook plugin (is that what they're called?) that displays your donation total on your profile page?
I'm all ears.
It's currently set up to record a donor ID, a charity ID, the amount donated, a reference number, the date, and the time the database record was created.
Here's giving a shoutout to Giving What We Can for making their calculations for the lifetime value of a member public - I've been finding them very useful recently for evaluating the value of projects!