20) So what does all this mean? It means that, when you’re thinking about your career, sometimes the altruistic thing to do is to take chances. Seek out the opportunities with the biggest upside, not the ones which are the safest, and hone in on that vision.
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26) There are a number of great places to give. In the past I’ve given to charities recommended by givewell.org, animalcharityevaluators.org, and openphilanthropy.org if you want a place to start looking.
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I think I would agree in the context of altruism, although with possibly a different framing that deemphasizes marginal utility of wealth.
The world’s “portfolio” of effective altruists is somewhat diversified, since there are many EAs (though not as many as there should be).
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If the full set of effective altruists goes all in on the positive-EV bet, then that set will maximize its own wealth (AS WELL as, approximately, log wealth!)
Because they’re altruists, they can then reallocate among themselves however best serves further portfolio wealth growth
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(This is assuming uncorrelated bets! If they’re correlated, they shouldn’t do this)
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Yup agreed -- to the extent there's trust between EAs, it creates some really powerful effects.
I think I've found this to be true but insufficiently so -- there are people willing to go way more out on a limb, and those people have done enormous amounts of good.
So is effective altruism just about maximizing wealth, to maximize giving? Our problems as a species, culminate in poor resource allocation, but is that not just a symptom?
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It's more about finding the way to do the most good.
That could mean donating, could it could mean working directly on the problems -- whichever you can do to help fix them more.
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