
Vitalik Buterin said the Future of Life Institute later used roughly $500 million from his 2021 SHIB-related donation in ways that diverged from its original approach, raising concerns about political spending and open-source AI restrictions.
Vitalik Buterin said the Future of Life Institute realized about $500 million from his 2021 SHIB-related donation, far above the amount he originally expected it to receive. He said the organization later shifted toward large-scale political action, diverging from its earlier approach. Buterin added that this use of funds could backfire, including through efforts to restrict open-source AI.