timtyler comments on Tallinn-Evans $125,000 Singularity Challenge - Less Wrong

27 Post author: Kaj_Sotala 26 December 2010 11:21AM

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Comment author: sfb 19 January 2011 11:06:48PM 3 points [-]

every contribution to the Singularity Institute up until January 20, 2011 will be matched dollar-for-dollar, up to a total of $125,000.

Anyone willing to comment on that as a rationalist incentive? Presumably I'm supposed to think "I want more utility to SIAI so I should donate at a time when my donation is matched so SIAI gets twice the cash" and not "they have money which they can spare and are willing to donate to SIAI but will not donate it if their demands are not met within their timeframe, that sounds a lot like coercion/blackmail"?

Would it work the other way around? If we individuals grouped together and said "We collectively have $125,000 to donate to SIAI but will only do so if SIAI convinces a company / rich investor to match it dollar for dollar before %somedate%"?

Comment author: timtyler 20 January 2011 12:06:41AM 1 point [-]

The sponsor gets publicity for their charitable donation - while the charity stimulates donations - by making donors feel as though they are getting better value for money.

If the sponsor proposes the deal, they can sometimes make the charity work harder at their fund-raising effort for the duration - which probably helps their cause.

If the charity proposes the deal, the sponsor can always pay the rest of their gift later.