Milan_Griffes's Comments

(How) Could an AI become an independent economic agent?


The majority of IKEA outlets are controlled by the holding company INGKA Holding, which is owned by the Stichting INGKA Foundation. The Stichting INGKA Foundation is one of the largest charitable foundations in the world and is registered in the Netherlands.
This complicated structuring helps IKEA minimize its taxes, makes a hostile takeover impossible, and permits the company to operate as a nonprofit corporation.
A cause can be too neglected

Thanks for this! Well-written and an important point.

This dynamic is probably at play for psychedelics: Whether or not psychedelics are an EA cause area

US Non-Profit? Get Free* Money From the Gov on 3 Apr!

Yeah, I'd be pretty surprised if any reputable foundations were taking ownership stake when they make grants. (Because that'd be an investment, not a donation.)

US Non-Profit? Get Free* Money From the Gov on 3 Apr!

Ought's accountants (who've taken a close look at the CARES Act) confirmed that the "affiliation test" is determined by ownership, so it shouldn't be an issue for nonprofits so long as the org isn't owned by its donors.

Covid-19 Response Fund

Could also be cool to administer a coronavirus prize independent from Emergent Ventures, trying to get more expected impact than Tyler.

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