Joey comments on The Importance of EA Dedication and Why it Should Be Encouraged - Effective Altruism Forum

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Comment author: Joey 06 May 2018 05:48:12AM 1 point [-]

So I am not sure the focus on total output per person vs financial stinginess is so clear. To stick with the Open Phil example, it's not just the max they are willing to fund, it’s the counterfactual of their last donated dollar. For example, if one AR charity takes say x2 what it could run off (focusing on output per person vs frugalness) you would have to factor that counterfactual 50% of the donation going to the last charity that Lewis ends up funding with Open Phil (or maybe the last in that given year). In either of those situations the counterfactuals are definitely not 0. For example, say I personally would be 25% more effective if I was paid 50k vs 100k (x2 salary). I would have to assume my project is x4 better than the counterfactual project Lewis donates to otherwise. This could be true for one AR charity vs another, but I would say it's far from obvious and I will also note I would be quite surprised if the personal gains are that high in most cases of increased salaries, but would be super keen on more data on this.

Comment author: oagr 06 May 2018 06:15:51AM 1 point [-]

I guess the crux here is if marginal group effectiveness follows an exponential curve or similar. My impression is that it does, but accept that this is an empirical question where I am not very sure.

Outside of the space of things "Open Phil and related groups find interesting" though, all bets are off in regard to this. It seems like there are a bunch of small things that do deserve more funding.

Comment author: oagr 06 May 2018 06:13:26AM 1 point [-]

I'd agree that you would have to assume that your project is 4x more efficient on the marginal dollar. However, I think this actually is the case for many of the things Open Phil funds. This could be much less the case in the animals space, but it definitely seems to be the case in the x-risk space, where there are relatively few groups in the space. My impression is that the current thinking is that groups below some "threshold" are expected to be neutral or actually net-negative, and very few groups are safely above that threshold (in the x-risk space.)

Open Phil has access to a lot of money; I'm quite sure they could safely spend a lot more than they currently do and be fine.

Comment author: oagr 06 May 2018 06:17:55AM 1 point [-]

Another point: living in the bay is pretty expensive and is becoming more so. I don't see any solutions to this on the horizon. Having a bunch of people all live & work here seems pretty efficient, at least until internet communication becomes a decent amount better.

Rent + taxes + health expenses (gym memberships, healthy food), etc, can add up pretty quickly.

Comment author: Joey 06 May 2018 06:10:43PM 1 point [-]

I think living in an EA city is one of the strongest cases for spending more money in terms of increasing impact per $ spent. I think it’s the more marginal stuff I am generally careful about (e.g. eating at restaurants).