That's true. I just listened to the most recent 80k podcast where they joke about buying up GPUs so it was in my head :)
FWIW my reading of the question is: "What projects could be created, that have the potential to scale to $100m". I didn't read it as suggesting funding a megaproject from scratch.
Many EA projects are of the "start a research institute" flavour, and will likely never absorb $100m. I see the post as a plea for projects which could (after starting with smaller amounts and then scaling) absorb these sums of money. Much like Givedirectly wasn't started with $100m/year budget right away, but has proven itself capable of deploying that much funding.
Out of all the ideas, this seems the most shovel-ready.
MacArthur will (presumably) be letting go of some staff who do nuclear policy work, and would (presumably) be happy to share the organisations they've granted to in the past. So you have a ready-made research staff list + grant list.
All ("all" :) ) you need is a foundation and a team to execute on it. Seems like $100 million could actually be deployed pretty rapidly.
Possibly not all of that money would meet EA standards of cost-effectiveness though - indeed MacArthur's withdrawal provides some evidence that it isn't cost effective (if we trust their judgement).
Proof of concept for a geoengineering scheme (could be controversial)
Paul's "message in a bottle" for future civilisations
Buy up scarce resources which are being used for bad things and just sit on them. Like the thing where you buy rainforest to prevent logging. Coal mines, agricultural land used for animals, GPUs?!
Activist investment fund which invests in large companies and then leans on them to change their policies. Examples abound in climate change, but other than that:
Thanks for the post, I found your thoughts interesting. I’m always glad to see discussions of where people are donating.
In general, it kind of seems like the "point" of the lottery is to do something other than allocate to a capital allocator. The lottery is "meant" to minimise work on selecting a charity to give to, but if you're happy to give that work to another allocator I feel like it makes less sense?
With that in mind, I have a couple of thoughts for things you might consider:
There is a fantastic short story about an EA superman. Quite indulgent but I highly recommend:
There were two words that Superman lived by, and they were “pay me”.
His time was auctioned off in blocks of five minutes. He didn’t need to sleep, so he stopped sleeping, which meant that there were 288 blocks of his time available per day, with ten blocks set aside for administration. It was rare that any of these blocks went for less than a million dollars, which meant that after his first full year in operation as Superman, he made over a hundred billion dollars. If he were a nation, he would have been ranked 63rd, just below Morocco.
Off topic, but I didn't realise you'd left Founders Pledge. May I ask what you're up to now?