The New Atlantis (American religious conservative magazine about science and ethics) has an article out about Effective Altruism. It endorses some parts of EA, but is critical of EA as a whole. Main points (although the article is more nuanced than this summary can convey):
- EA charities, at least the global health and development ones, do good
- EA is closely linked to cultish elements of the rationalist community
- The "pencil problem": in complex systems, it's hard to centrally plan
- Emotional appeals are a functioning planning mechanism for the world of charity
- EA is opposed to emotional appeals
- EA doesn't include a role for friendship and personal relationships, but it should
- The "paper towel problem": EA doesn't include a role for maintaing social norms
- EAs are more driven by wanting to show off their intellectual firepower than help others
- EAs don't follow through with their wilder claims
He instead recommends a sort of virtue-ethics-ish approach to doing good
I have no affiliation with the people who produced this article, but came across it and thought that it seemed interesting and was better-informed than many of the other critiques of EA that get discussed on here, although I don't agree with all of his points.
I had a similar question to yours about what the essay is trying to say about Givewell-style effective altruism. My interpretation, which could be wrong, was that the author is saying that Givewell-style EA is a good thing, but is not a moral obligation. I responded in a blog post (not aimed at EAs, but people who may share the same hesitancies as the author) "How do you know how to save a drowning child across the world?".
I argue that people who might share the concerns of the author (as I understood them) about EA might want to take the option of donating to direct cash transfers or effective community-based organizations in low- and middle-income countries.