Update 2017-12-27: We’ve blown past our 3rd and final target, and reached the matching cap of $300,000 for the $2 million Matching Challenge! Thanks so much to everyone who supported us!
All donations made before 23:59 PST on Dec 31st will continue to be counted towards our fundraiser total. The fundraiser total includes projected matching funds from the Challenge.
MIRI’s 2017 fundraiser is live through the end of December! Our progress so far (updated live):
MIRI is a research nonprofit based in Berkeley, California with a mission of ensuring that smarter-than-human AI technology has a positive impact on the world. You can learn more about our work at “Why AI Safety?” or via MIRI Executive Director Nate Soares’ Google talk on AI alignment.
In 2015, we discussed our interest in potentially branching out to explore multiple research programs simultaneously once we could support a larger team. Following recent changes to our overall picture of the strategic landscape, we’re now moving ahead on that goal and starting to explore new research directions while also continuing to push on our agent foundations agenda. For more on our new views, see “There’s No Fire Alarm for Artificial General Intelligence” and our 2017 strategic update. We plan to expand on our relevant strategic thinking more in the coming weeks.
Our expanded research focus means that our research team can potentially grow big, and grow fast. Our current goal is to hire around ten new research staff over the next two years, mostly software engineers. If we succeed, our point estimate is that our 2018 budget will be $2.8M and our 2019 budget will be $3.5M, up from roughly $1.9M in 2017.1
We’ve set our fundraiser targets by estimating how quickly we could grow while maintaining a 1.5-year runway, on the simplifying assumption that about 1/3 of the donations we receive between now and the beginning of 2019 will come during our current fundraiser.2
Hitting Target 1 ($625k) then lets us act on our growth plans in 2018 (but not in 2019); Target 2 ($850k) lets us act on our full two-year growth plan; and in the case where our hiring goes better than expected, Target 3 ($1.25M) would allow us to add new members to our team about twice as quickly, or pay higher salaries for new research staff as needed.
We discuss more details below, both in terms of our current organizational activities and how we see our work fitting into the larger strategy space.
- Note that this $1.9M is significantly below the $2.1–2.5M we predicted for the year in April. Personnel costs are MIRI’s most significant expense, and higher research staff turnover in 2017 meant that we had fewer net additions to the team this year than we’d budgeted for. We went under budget by a relatively small margin in 2016, spending $1.73M versus a predicted $1.83M.
Our 2018–2019 budget estimates are highly uncertain, with most of the uncertainty coming from substantial uncertainty about how quickly we’ll be able to take on new research staff. ↩
- This is roughly in line with our experience in previous years, when excluding expected grants and large surprise one-time donations. We’ve accounted for the former in our targets but not the latter, since we think it unwise to bank on unpredictable windfalls.
Note that in previous years, we’ve set targets based on maintaining a 1-year runway. Given the increase in our size, I now think that a 1.5-year runway is more appropriate. ↩