The FTX Foundation's Future Fund is a philanthropic fund making grants and investments to ambitious projects in order to improve humanity's long-term prospects.
We have a longlist of project ideas that we’d be excited to help launch.
We’re now announcing a prize for new project ideas to add to this longlist. If you submit an idea, and we like it enough to add to the website, we’ll pay you a prize of $5,000 (or more in exceptional cases). We’ll also attribute the idea to you on the website (unless you prefer to be anonymous).
All submissions must be received in the next week, i.e. by Monday, March 7, 2022.
We are excited about this prize for two main reasons:
- We would love to add great ideas to our list of projects.
- We are excited about experimenting with prizes to jumpstart creative ideas.
To participate, you can either
- Add your proposal as a comment to this post (one proposal per comment, please), or
- Fill in this form
Please write your project idea in the same format as the project ideas on our website. Here’s an example:
Early detection center
Biorisk and Recovery from Catastrophes
By the time we find out about novel pathogens, they’ve already spread far and wide, as we saw with Covid-19. Earlier detection would increase the amount of time we have to respond to biothreats. Moreover, existing systems are almost exclusively focused on known pathogens—we could do a lot better by creating pathogen-agnostic systems that can detect unknown pathogens. We’d like to see a system that collects samples from wastewater or travelers, for example, and then performs a full metagenomic scan for anything that could be dangerous
You can also provide further explanation, if you think the case for including your project idea will not be obvious to us on its face.
Some rules and fine print:
- You may submit refinements of ideas already on our website, but these might receive only a portion of the full prize.
- At our discretion, we will award partial prizes for submissions that are proposed by multiple people, or require additional work for us to make viable.
- At our discretion, we will award larger prizes for submissions that we really like.
- Prizes will be awarded at the sole discretion of the Future Fund.
We’re happy to answer questions, though it might take us a few days to respond due to other programs and content we're launching right now.
We’re excited to see what you come up with!
(Thanks to Owen Cotton-Barratt for helpful discussion and feedback.)
Credence Weighted Citation Metrics
Epistemic Institutions
Citation metrics (total citations, h-index, g-index, etc.) are intended to estimate a researcher's contribution to a field. However, if false claims get cited more then true claims (Serra-Garcia and Gneezy 2021), these citation metrics are clearly not fit for purpose.
I suggest modifying these citation metrics by weighing each paper by the probability that it will replicate. If each paper i has ci citations and probability of replicating pi, we can modify each formula as follows: instead of measuring total citations TC=∑all ici, we consider credence weighted total citations CWTC=∑all ipici.Instead of using the h-index where we pick 'the largest number h such that h articles have ci≥h', we could use the credence weighted h-index where we pick the largest number h such that h articles have pici≥h. We can use this idea to modify citation metrics that evaluate researchers (as above), journals (Impact factor and CiteScore) and universities (rankings).
We can use prediction markets to elicit these probabilities, where the questions are resolved using a combination of large scale replication studies and surrogate scoring. DARPA SCORE is a proof of concept that this can be done on a large scale.
Prioritising credence weighted citation metrics over citation metrics, would improve the incentives researchers have. No longer will they have to compete with people who write 70 flimsy papers a year that no one actually thinks will replicate; now researchers who are right will be rewarded.