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When to put up a prize?

When to compete (t-shirt design, ai art gen)? When to hire & grow?

  • Better when evaluation is cheap
  • Successful prize competitions are rare (?)
  • Examples
    • Hiring as a competition in a hiring round
    • Hackathons -- many projects fail, but a few make it up (?)
    • Object-level competitions can be good for hiring eng, traders, talent
      • eg Marcus, Joel on Manifold; David on Manifest

Babble & prune for yourself

  • Good to list out project ideas, or solutions for a problem, weigh out, and then pick. Breadth-first search

Select vs farm

  • When to select? When you can only have one (eg partners for monog; open roles due to context & money; t-shirts when unified for a conf)
  • When to farm? Manifund, Manifold -- websites can have many different contents, cater to a long tail, encourage plurality
  • => against the EA implication of "a single best". Which is already being loosened by cause area considerations
  • (select vs farm is spectrum, ofc -- Mox does some selecting and some farming)

generation vs selection

  • what domains is generation cheap? AI research & writing & art; names;
  • Does cheap generation imply expensive selection? Selection costs are higher, anyways to filter through everything.
    • but what about on a per-item selection/evaluation cost?
  • How do LLMs internally manage selection vs generation?
  • Scaffolding paths often do a "try 3 and pick 1". (does this happen in chain of thought)
  • Generating for a tournament/competition (like a hiring round) involves marketing -- often scarcest resource
    • that's what bounties are trying to solve, though "how much to put on bounty" is hard. More $ doesn't scale to better value

ideas are cheap to generate connections, referrals, contacts are (sometimes) cheap to generate (Taren seems good at these)

Manifund examples

  • Example: grants
    • Manifund generates 20 projects a month?
    • Evaluating is actually pretty fast (for Austin)
    • But maybe a newsletter that surfaces 5 good ones every month would be pretty good. (like EAF digest)
  • Example: regrantors
  • Example: donors
    • (probably: should user interview donors more)
    • (probably: ask Jesse to start making grants)