Comments
"Profits for investors in this venture [ETA: OpenAI] were capped at 100 times their investment (though thanks to a rule change this cap will rise by 20% a year starting in 2025)."
I stumbled upon this quote in this recent Economist article [archived] about OpenAI. I couldn't find any good source that supports the claim additionally, so this might not be accurate. The earliest mention I could find for the claim is from January 17th 2023 although it only talks about OpenAI "proposing" the rule change.
If true, this would make the profit cap less meaningful, especially for longer AI timelines. For example, a 1 billion investment in 2023 would be capped at ~1540 times in 2040.
2 days left to apply to mentor for Pivotal's Q1 2027 AI Safety Fellowship (January–April 2027, 15 weeks).
I, quite self-servingly, believe that most researchers in the field should spend 5-10% of their time supporting junior researchers. Mentorship is the bottleneck right now to get great talent into the field. Pivotal has a large pool of exceptionally great junior researchers to choose from.
You can find more about why you might want to mentor & what it involves here: pivotal-https://research.org/mentoring-at-pivotal
We've changed the format in two ways.
1. The fellowship now runs 15 weeks instead of 9.
2. We also no longer offer extensions by default (though we may still do this for few exceptional projects). Instead, we aim to publish the research quickly and place fellows at orgs as soon as possible. We also will arrange seed funding for strong projects that should become new orgs.
If you know anyone who might be a good fit, forward it to them. If you have questions, please reach out!