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Misha comments on Tallinn-Evans $125,000 Singularity Challenge - Less Wrong
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The main thing I dislike about the article itself, rather than an idealized form of the argument it presents (which I think I agree with, with some reservations), is that it makes its case in terms of sunk costs. What it says is something like "If you donate to Make A Wish today, and SIAI tomorrow, that would be like admitting the Make A Wish donation was a mistake -- and we can't have that."
That is an artifact of the author's bias when producing an English version of his mathematical argument. Clearly, he thinks that sunk costs are convincing. If you click the link given near the bottom, the mathematical argument is made available to you.