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michael_nielsen's profile
michael_nielsen
michael_nielsen
michael_nielsen
@michael_nielsen

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michael_nielsen

@michael_nielsen

Searching for the numinous. Co-purveyor of https://quantum.country/ 

San Francisco, CA
michaelnielsen.org
Joined July 2008

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    1. michael_nielsen‏ @michael_nielsen 21 Jul 2016
      • Report Tweet

      A question I've long had about @GiveWell. Anyone have any thoughts? cc @ch402 @albrgr @tylercowenpic.twitter.com/Z8NHOtdSuI

      3 replies 1 retweet 11 likes
    2. Alexander Berger‏ @albrgr 21 Jul 2016
      • Report Tweet
      Replying to @michael_nielsen

      We do take #2 into account to prevent overfunding, e.g. http://marginalrevolution.com/marginalrevolution/2011/12/givewell.html …, and I don't think diffs in #3 are small.

      4 replies 0 retweets 1 like
    3. Alexander Berger‏ @albrgr 21 Jul 2016
      • Report Tweet
      Replying to @albrgr @michael_nielsen

      If you thought we were plowing money into charities that are only a bit better than average, agree that's unattractive.

      1 reply 0 retweets 1 like
    4. Alexander Berger‏ @albrgr 21 Jul 2016
      • Report Tweet
      Replying to @albrgr @michael_nielsen

      but I don't think that the right model-if cost-effectiveness is more power law, lowering bar could make outcomes much worse

      3 replies 0 retweets 1 like
    5. michael_nielsen‏ @michael_nielsen 21 Jul 2016
      • Report Tweet
      Replying to @albrgr

      The same argument in the investment world would suggest not to invest in funds, but try to pick winners

      1 reply 0 retweets 0 likes
    6. Alexander Berger‏ @albrgr 21 Jul 2016
      • Report Tweet
      Replying to @michael_nielsen

      standard case for diversification in investing has a lot to do with risk aversion, doesn't seem like it applies in charity.

      1 reply 0 retweets 1 like
    7. michael_nielsen‏ @michael_nielsen 21 Jul 2016
      • Report Tweet
      Replying to @albrgr

      I think a different argument still applies, which is that (at scale) it's a mistake to only allocate money to a few winners.

      1 reply 0 retweets 1 like
    8. Alexander Berger‏ @albrgr 21 Jul 2016
      • Report Tweet
      Replying to @michael_nielsen

      I think that is true for "the market" but GW moved ~$110M last year, ~$320B to charity in US. We're marginal for magnitudes

      2 replies 0 retweets 1 like
      michael_nielsen‏ @michael_nielsen 21 Jul 2016
      • Report Tweet
      Replying to @albrgr

      I realize that - that's why I've emphasized at scale, and if GW becomes dominant.

      8:07 AM - 21 Jul 2016
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Alexander Berger‏ @albrgr 21 Jul 2016
          • Report Tweet
          Replying to @michael_nielsen

          I think we would recommend a lot more charities before we became dominant, wouldn't try to move $10s of billions to ~3.

          1 reply 0 retweets 1 like
        2. Alexander Berger‏ @albrgr 21 Jul 2016
          • Report Tweet
          Replying to @albrgr @michael_nielsen

          Not optimistic about our likelihood of getting that big, but I think that's the answer about *huge* scale: we would change.

          4 replies 0 retweets 1 like
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