Holy smokes that’s a lot of words. From their own post it sounds like they massively over-leveraged and have no more sugar daddies so now their convention center is doomed (yearly 1 million dollar interest payments!); but they can’t admit that so are desperately trying to delay the inevitable.

Also don’t miss this promise from the middle:

Concretely, one of the top projects I want to work on is building AI-driven tools for research and reasoning and communication, integrated into LessWrong and the AI Alignment Forum. […] Building an LLM-based editor. […] AI prompts and tutors as a content type on LW

It’s like an anti-donation message. “Hey if you donate to me I’ll fill your forum with digital noise!”