Hang on, is this document saying that they expect to be able to completely cover the salary costs and expenses of a full-time academic, for two years, for $35,000? That can't be right. Can anyone help?
Academics apply for multiple grants, and their salary is partly supported by each grant (and also by a salary they draw from the University they are affiliated with for teaching classes). Universities also "tax" grants at 50%+ rates.
For example, it is not uncommon to be supported by 5-6 grants each covering a bit less than 20% of your salary. The rough idea is if a grant covers X% of your salary, you will generally spend X% of your time working on the research covered by this grant.
Series: How to Purchase AI Risk Reduction
I recently explained that one major project undergoing cost-benefit analysis at the Singularity Institute is that of a scholarly AI risk wiki. The proposal is exciting to many, but as Kaj Sotala points out:
Indeed. So here is another thing that donations to SI could purchase: good research papers by skilled academics.
Our recent grant of $20,000 to Rachael Briggs (for an introductory paper on TDT) provides an example of how this works:
For example, SI could award grants for the following papers:
(These are only examples. I don't necessarily think these particular papers would be good investments.)