LessWrong (Curated & Popular) · "Towards The Autograntor" by Scott Alexander
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reported observed cost-effectiveness ranges for funded projects
1.1 to $2,000 (best), $5,000 to $10,000 (decent), $10,000 to $20,000 (serious), >$20,000 (rarely funded)
“Decent projects that some grantmakers funded and others didn't had cost effectivenesses of $5,000 to $10,000 And projects that we took seriously but mostly didn't end up funding unless there were hard to quantify reasons in favor were usually in the range of 1.10 to $20,000 Beyond $20,000 was the line where the human grantmakers I observed generally didn't treat...”
“Arun Balakrishnan of Sedans reported efficiency gains ranging from 35% to 50% in some deployments.”
“We went into construction phase and that's when I needed to get the funding… I got some investors on board… I was running a six million dollar construction project”
“ChatGPT consistently gave results two to three times better, more cost-effective, than Claude for everything”
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