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Denkenberger comments on Open Thread #38 - Effective Altruism Forum

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Comment author: Denkenberger 26 August 2017 12:02:13AM *  1 point [-]

Thanks!

Rough summary % of US population

Giving 10%+: Time: 7%; Pay cut: 20%; Donate: 6%

Giving 20%+: Time: 2%; Pay cut: 10%; Donate: 0.6%

This is based on 40 hours per week free time. The take away (that I believe is robust despite uncertainty explained below) is that people are much more willing to take a big pay cut than to donate a similar percent of money. So if we could get people over the psychological barrier, we might be able to convince 20% of people to be EAs.

Furthermore, at least in the US, donating 10% of your pretax (adjusted gross income) is a smaller economic hit than taking a 10% pay cut because not all income is taxed. This would mean even more than 20% of people take a pay cut that is equivalent to donating 10%.

Volunteering source: bins are not perfect.

Pay cut source, government employment source, nonprofit employment source. Of course there can be other differences in employment like job security, benefits, and hours. However, this is not accounting for people who choose a lower paying field for the impact, so it gives some idea.

Giving source: percentages are for religious giving, which is ~half of giving in US, so I doubled the percentages to get the people giving that amount to any charity: rough.