Full disclosure: I am an Atlas Fellow, and after attending the first summer session, was hired by Atlas as a junior counselor to teach at the last 2 programs in the summer. I have no ongoing employment contract with Atlas, and am writing from my own personal beliefs. Most of these thoughts on the purpose of the scholarship were developed before I was hired, as I asked quite a few instructors/fellows "Do you think this is an effective use of $10m?", and developed some of my own takeaways (these opinions are not directly those of any Atlas Instructor, as I don't want to incorrectly echo someone else's take).

I agree with most replies on this post, but I figured I'd give some thoughts as a fellow, aswell as answer a few questions people haven't replied to yet.

Edit 3: Someone also DM'd me this. To add to my point of too much money to teenangers, there is an 18-year-old Atlas Fellow who has both the Open Philanthropy Undergraduate Scholarship (which covers all tuition and living expenses) and the Atlas Fellowship (which is a $50k scholarship).

Besides this being false (based on moderator comments), I think this comment + your point on students who can already pay for college, leads me to believe that you may misunderstand the point of the scholarship. The appeal/benefit of the scholarship to myself, as well as many other fellows I've spoken to is that it explicitly does not need to be spent on college tuition.

Nearly all large scholarships I'm aware of (both in and outside of EA) require you to spend the money on college tuition. Pursuing research, funding small projects, hiring tutors/experts for 1-1 learning, traveling to conferences, etc... are all things that are quite hard to do as a teenager in high school. Having $50,000 to go do these things and learn in the most optimal way for every student, is the benefit I see with the Atlas scholarship. This is true for students who could/couldn't already afford college.

In the case that you were correct about this student who received the OP scholarship, I still would disagree with you that it is bad that they got both OP/Atlas funding, based on my reason above. I can think of a plethora of ways that student could greatly increase their trajectory outside of college, which again, the Atlas scholarship allows.

"This makes me question why some people are accepted as $50k to the Against Malaria Foundation, which would save over ten lives."

I've wondered quite a bit if Atlas was the best use of $10 million, and I support that you are posing this question.

I think the efficacy of Atlas can only be feasibly noted 5-10 years from now (possibly sooner, not super sure on time frame here), but I think in theory, Atlas's effectiveness beats AMF.

In the instance of AI alignment, taking ~60 students (assuming 60 or so fellows meet this criteria) who are planning on majoring in Comp-sci/math/something adjacent, and exposing them to arguments around AGI risk, seems worth it. Afaik, there are <500 full time alignment researchers (if not many fewer), and this exposure may lead to a significant increase in future researchers in this field. This is notably hard to pin a value on, and it is hard to estimate how many fellows will actually turn into AI researchers. Given that the money is available before attending the program, fellows simply could not give a shit about the curriculum, but from what I personally observed, this wasn't the case. Anecdotally, most of the people I've kept up with from the program have kept up their interest into AI risk (though this is subject to selection bias on who I've kept up with).

There are numerous other parts of the curriculum outside AI risk, and I think exposing young people who are about to enter their career to these ideas is valuable. I just use AI risk as an example here. Atlas's thesis is not simply to birth AI researchers, so I don't want to falsely convey this.

Even outside of fellows, the application process included analyzing an essay on AI risk, and the $50k scholarship incentivized applicants to truly comprehend the argument presented, and build a thoughtful counterargument. I think there is some value purely in this incentive, and given that you believe a high amount of applicants were recruited from "Olympiad communities worldwide", I imagine a high percentage of these students had never deeply considered AI risk before.

I'm curious if others think this is valuable, but my main point is the high value of the scholarship leads to a high incentive to carefully digest and think about these readings.

From the projects I have seen Atlas fellows go on to pursue, I believe this past cohort of Atlas/Atlas India fellows will collectively save >2000 lives (assuming all $10m could have gone to AMF). I don't have hard evidence for this claim, and it is frankly anecdotal.

Edit 6: After this post came out, the Atlas Fellowship website was updated to remove Sydney from the cofounders. See now vs earlier (on archive.org). Why was she removed? Was this only publicly to prevent further controversy regarding grantor-grantee relationships and she will still be helping out behind-the-scenes or was she actually removed?

Sydney left Atlas as a co-founder in mid-december. This was announced to all fellows then, so I imagine there was just some lag in removing her from the website.

5. Atlas is planning on running a school called Atlas Academy Beta, as outlined in this document. Why does this make sense?

The document addresses the reason fully.

Additionally the document notes that it shouldn't be shared publicly. I think you ask some important and good questions in this post, but I think this combined with you unnecessarily outing an employee, not engaging with most comments that provide answers to your questions, and your spreading of unconfirmed rumors are all harmful norms to promote on a public forum. I think posts like this raise similar questions while not being harmful and fostering beneficial discussion, and I wish this post was written similarly.