I thought so too. This comment thread on ACX shattered that assumption of mine. EA institutions should hire people to do “direct work”. If there aren’t enough qualified people applying for these positions, and EA has 46 billion dollars, then their institutions should (get this) increase the salaries they offer until there are.
There’s this thing called “Ricardo’s Law of Comparative Advantage”. There’s this idea called “professional specialization”. There’s this notion of “economies of scale”. There’s this concept of “gains from trade”. The whole reason why we have money is to realize the tremendous gains possible from each of us doing what we do best.
This is what grownups do. This is what you do when you want something to actually get done. You use money to employ full-time specialists.
I thought so too. This comment thread on ACX shattered that assumption of mine. EA institutions should hire people to do “direct work”. If there aren’t enough qualified people applying for these positions, and EA has 46 billion dollars, then their institutions should (get this) increase the salaries they offer until there are.
To quote EY:
Gonna go make this a shoddy top-level post, I think this comment chain is far more important than its parent post.