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komponisto comments on Thoughts on the Singularity Institute (SI) - Less Wrong
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I think it's crucial that SI stay in the Bay Area. Being in a high-status place signals that the cause is important. If you think you're not taken seriously enough now, imagine if you were in Honduras...
Not to mention that HR is without doubt the single most important asset for SI. (Which is why it would probably be a good idea to pay more than the minimum cost of living.)