Working on various aspects of Econ + AI.
Here is a counterargument: focusing on the places where there is altruistic alpha is 'defecting' against other value systems. See discussion here
Agreed with this. I'm very optimistic about AI solving a lot of incentive problems in science. I don't know if the end case (full audits) as you mention will happen, but I am very confident we will move in a better direction than where we are now.
I'm working on some software now that will help a bit in this direction!
Since it seems like a major goal is of the Future Fund is to experiment and gain information on types of philanthropy —how much data collection and causal inference are you doing/plan to do on the grant evaluations?
Here are some ideas I quickly came up with that might be interesting.
In all these cases, you'd need to ex-post assess grant applications a few years later, including the ones you didn't fund on impact. Then these above strategies would let you assess the causal impact of your grants.
I'd say it's close and depends on the courses you are missing from an econ minor instead of a major. If those classes are 'economics of x' classes (such as media or public finance), then your time is better spent on research. If those classes are still in the core (intermediate micro, macro, econometrics, maybe game theory) I'd probably take those before research.
Of course, you are right that admissions care a lot about research experience - but it seems the very best candidates have all those classes AND a lot of research experience.
One case where this doesn't seem to apply is an economics Ph.D. For that, it seems taking very difficult classes and doing very well in them is largely a prerequisite for admissions. I am very grateful I took the most difficult classes and spent a large fraction of my time on schoolwork.
The caveat here is that research experience is very helpful too (working as an RA).
Is there a strong reason to close applications in January?
I'm only familiar with the deadlines for economics graduate school, but for that you get decisions back from graduate school in February-March along with the funding package. Therefore, it would be useful to be able to apply for this depending on the funding package you receive (e.g. if you are fully funded you don't need to apply, but if you are given little or no funding, it would be important to apply) .
Is the alignment motivation distinct from just using AI to solve general bargaining problems?