I think this stuff just takes a while, and things happened to coincide with the collapse of FTX which masked much of the already existing growth (and the collapse of FTX indirectly also resulted in some decrease in other funders withdrawing funds).
I will gladly take bets with people that there will be a lot more money interested in the space in 2 years than there is now.
I’m not sure about funding-size, but, one think to note is there’s government agencies and I think more government funding now.
I think the deal is we’re bottlenecked on vetting/legitimacy/legibility (and still will be in a couple years, by default). If you’re a billionaire, and aren’t really sure what would meaningfully help, right now it may feel like a more obvious move to found a company that do donations.
But I think “donate substantially to a thing you think is good and write up your reasons for thinking that thing is good”, is pretty useful. (If you do a good job with the writeup, I bet you get a noticeable multiplier on the donation target, somewhat via redirection and somewhat via getting more people to donate at all)
This does require being a more active philanthropist who’s treating it a bit more like a job. But I think if you have the sort of money the OP is talking about, it’s probably worth prioritizing that. But even if you’re not, I think we’re just bottlenecked on time so much more than money.
Perhaps. I expect there to be massively more donor interest after the CAIS letter, but it didn’t really seem to eventuate.
I think this stuff just takes a while, and things happened to coincide with the collapse of FTX which masked much of the already existing growth (and the collapse of FTX indirectly also resulted in some decrease in other funders withdrawing funds).
I will gladly take bets with people that there will be a lot more money interested in the space in 2 years than there is now.
I’m not sure about funding-size, but, one think to note is there’s government agencies and I think more government funding now.
I think the deal is we’re bottlenecked on vetting/legitimacy/legibility (and still will be in a couple years, by default). If you’re a billionaire, and aren’t really sure what would meaningfully help, right now it may feel like a more obvious move to found a company that do donations.
But I think “donate substantially to a thing you think is good and write up your reasons for thinking that thing is good”, is pretty useful. (If you do a good job with the writeup, I bet you get a noticeable multiplier on the donation target, somewhat via redirection and somewhat via getting more people to donate at all)
This does require being a more active philanthropist who’s treating it a bit more like a job. But I think if you have the sort of money the OP is talking about, it’s probably worth prioritizing that. But even if you’re not, I think we’re just bottlenecked on time so much more than money.