The capital flows behind the AI-as-god movement

The Money

The belief that we are building a digital god did not spread on the strength of argument alone. It was capitalized. A small number of tech fortunes — Peter Thiel's, Dustin Moskovitz's, briefly Sam Bankman-Fried's — seeded the institutes, the conferences, the labs, and the philosophy that now shapes how the world's most powerful AI companies are governed. This is a map of where the money came from, where it went, and what it bought.

Follow the money

Follow the money

Ideologies are cheap; institutions are not. The transhumanist, rationalist, and longtermist ideas bundled together as TESCREAL would have remained internet subcultures without patrons willing to fund them at scale. From the mid-2000s, a handful of Silicon Valley donors did exactly that — bankrolling Eliezer Yudkowsky's Singularity Institute, the Singularity Summit, the seed round that launched DeepMind, and later the grant-making machinery of effective altruism. The same names recur because the capital base was, by design, narrow.

That concentration matters because, as critics including Émile P. Torres and Timnit Gebru argue, money did not just amplify these ideas — it selected which questions could be asked. When a single foundation funds much of a field, its founders' sensitivities quietly define the boundaries of permissible criticism. None of this requires a conspiracy. It only requires that the people who pay for the AI-safety conversation also believe, sincerely, that they are funding the most important cause in history.

The funding web

The funding web

How a few fortunes connect to the institutes, labs, and ideologies of the movement. Drag a node; hover to isolate its ties.

drag · hover · scroll to zoom
The flows, in order

The flows, in order

The order in which the money moved — and what each cheque set in motion.

2000s
Thiel funds the Singularity Institute
Peter Thiel becomes an early backer of Eliezer Yudkowsky's Singularity Institute for Artificial Intelligence (later renamed MIRI) and bankrolls the Singularity Summit, the conference that turned a niche idea into a movement with a venue.
2010
The $2.25M DeepMind seed
Yudkowsky reportedly introduces DeepMind's founders to Thiel, who provides an early seed investment widely reported at roughly $2.25 million (via his Founders Fund network). Demis Hassabis would describe the company's plan as a "Manhattan Project for AI."
2011–12
EA is formalized; SBF is recruited
William MacAskill helps found the Centre for Effective Altruism. Around 2012 he advises a young Sam Bankman-Fried to "earn to give" — take a high-paying finance job and donate the proceeds. SBF goes to Jane Street, then builds the Alameda/FTX empire.
2017
Open Philanthropy's $30M to OpenAI
Open Philanthropy — funded chiefly by Facebook co-founder Dustin Moskovitz and run by Holden Karnofsky — makes an $30 million grant to OpenAI, then a nonprofit, and takes a board seat. The grant binds the largest EA funder to the leading AGI lab.
2022
The FTX Future Fund launches
Bankman-Fried and colleagues launch the FTX Future Fund to pour crypto wealth into longtermist and AI-safety projects, committing and disbursing well over $100 million in months. MacAskill sits on its team of advisers.
Nov 2022
FTX collapses — and so does the funding
FTX implodes in fraud; Bankman-Fried is later convicted. The Future Fund's team resigns, grantees scramble to return or replace money, and effective altruism faces its largest reputational crisis. MacAskill defends, then distances himself from, his former protégé.
2023–25
Capital concentrates in the labs
With OpenAI ($157B valuation, per 2025 reporting), Anthropic, and Safe Superintelligence drawing tens of billions, the ideology's center of gravity shifts from grant-funded institutes to corporate balance sheets — much of it still staffed and shaped by EA-aligned researchers.
The financiers

The financiers

The donors, investors, and recruiters who moved the money.

Peter Thiel
Founders Fund

Peter Thiel

b. 1967

Early funder of the Singularity Institute and Summit; reported seed backer of DeepMind. The original patron of Bay Area AI futurism.

Wikipedia →
Dustin Moskovitz
Open Philanthropy

Dustin Moskovitz

b. 1984

Facebook co-founder. With wife Cari Tuna, the chief funder of Open Philanthropy — the largest private backer of AI-safety and EA work.

Wikipedia →
Sam Bankman-Fried
FTX / Future Fund

Sam Bankman-Fried

b. 1992

Once EA's largest donor via the FTX Future Fund. Convicted of fraud in 2023; his collapse took the movement's signature fortune with it.

Wikipedia →
William MacAskill
EA / Longtermism

William MacAskill

b. 1987

Co-founded effective altruism and formalized longtermism. Recruited SBF to "earn to give"; advised the Future Fund; later distanced himself.

Wikipedia →
Holden Karnofsky
Open Philanthropy

Holden Karnofsky

b. 1981

Co-founded GiveWell and Open Philanthropy. Architect of its AI-safety grant-making; held an OpenAI board seat after the 2017 grant.

Wikipedia →
Sam Altman
OpenAI

Sam Altman

b. 1985

OpenAI CEO. Credits Yudkowsky as an influence on the lab's founding; turned a $1B nonprofit pledge into a capped-profit power center.

Wikipedia →
Elon Musk
OpenAI / FLI

Elon Musk

b. 1971

Co-founded and funded OpenAI; donated to the Future of Life Institute. Called MacAskill's longtermism a "close match" for his philosophy.

Wikipedia →
Larry Page
Google / DeepMind

Larry Page

b. 1973

Google co-founder; co-founded Singularity University and acquired DeepMind in 2014. Reportedly a believer in building a "digital god."

Wikipedia →
"For most people, the highest-impact path isn't to work directly for a good cause — it's to earn as much as you can and give it away."
— William MacAskill, on "earn to give" (paraphrased)
What the money bought

What the money bought

Four things the capital purchased — intended and not.

01

The AI-safety field

Grants from Open Philanthropy, the Survival and Flourishing Fund, and others effectively built an academic and nonprofit field around existential AI risk — staffing institutes, fellowships, and labs that might not otherwise exist.

02

Agenda-setting power

Critics argue that when one funder dominates a field, its founders' priorities quietly define which harms count. Present-day issues — bias, labor, surveillance — get less attention than speculative extinction.

03

Opportunity cost

"Earn to give" and longtermist math redirect talent and billions toward far-future scenarios. Critics like Torres argue this devalues the present poor, the climate, and the natural world as rounding errors.

04

The FTX implosion

The movement's biggest bet became its biggest liability. Fraudulent wealth funded longtermist projects until it vanished overnight — exposing how much of the cause rested on a single, unaccountable fortune.