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Fifty Years - Elicit Investment
websubstack.fiftyyears.com·substack.fiftyyears.com/p/elicit
This page covers a venture capital investment announcement in Elicit, an AI research tool used by many in the AI safety community; relevant for understanding the funding and development context of AI-assisted research tools.
Metadata
Importance: 25/100blog postnews
Summary
This is an announcement or write-up from Fifty Years, a venture capital firm, regarding their investment in Elicit, an AI research assistant tool designed to help researchers find and synthesize scientific literature. The post likely outlines the rationale for investing in Elicit and its potential impact on research productivity and AI-assisted knowledge work.
Key Points
- •Fifty Years is a VC firm focused on investments with positive societal impact, including AI safety-adjacent tools.
- •Elicit is an AI-powered research assistant that helps users find, summarize, and synthesize academic papers.
- •The investment reflects growing interest in AI tools that augment scientific research and improve information synthesis.
- •Elicit has relevance to AI safety research workflows by enabling faster literature review and evidence aggregation.
- •The tool represents a use case of deploying capable AI systems to accelerate beneficial research outcomes.
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Elicit (AI Research Tool) | Organization | 63.0 |
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# Elicit
### Fifty Years partners with Elicit to supercharge research with AI
[](https://substack.com/@fiftyyears)
[Fifty Years](https://substack.com/@fiftyyears)
Sep 25, 2023
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[](https://substackcdn.com/image/fetch/$s_!EAol!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F211dac33-6927-4e5d-ade9-d41b9eb21de3.avif) Tomás Saraceno's sculpture Algo-r(h)i(y)thms
The world is drowning in scientific research. Over 2 million scientific papers are published each year. That’s 5,500 per day! If you worked 24 hours a day with no breaks, you’d have to read 1 paper every 16 seconds just to keep up. That’s a new theory on solar geoengineering, a new AI technique, a new way of engineering proteins, a new approach to treating cancer, every 16 seconds.
This [unprecedented rate](https://arxiv.org/stats/monthly_submissions) of discovery is an unqualified good. Every modern marvel, from the phone in your hand to the internet delivering you this post to the medicine you take, started as a science experiment. Fundamental research is the fuel of human progress and the discoveries are accelerating. Today [more PhD’s](https://www.theatlantic.com/science/archive/2018/11/diminishing-returns-science/575665/) are toiling and more money is being spent on research than at any point in human history.
The problem, however, is that the explosion in research has not led to a prop
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