We usually act as though the future matters less than today. Many institutions apply "discount rates" to the future as a way to formalize that view. But strange things happen if we assume even a 1% annual discount rate for social benefits. This would mean that saving a life this year is as valuable as saving roughly two lives in the year 2100 — and is also as valuable as saving more than one million lives in the year 3400.
This paper examines the arguments for applying social discount rates, argues that none of them work, and calls for treating the future as though it matters as much as the present. (35 mins.)
Political institutions generally operate on 2-to-4-year timescales, which aren’t long enough to address global issues (as the issue of climate change has shown). This talk analyzes sources of political short-termism and describes institutional reforms to align government incentives with the interests of all generations. (Video - 30 mins.)
A researcher from the Global Priorities Institute explains how investing resources, instead of spending them immediately, can allow us to do much more good. (Podcast - 2.5 hours)
Crossposted to Less Wrong
‘Like most of life’s dangers, the dangers of artificial intelligence are not easily identified from the armchair.’
J Dmitri Gallow
Epistemic status
I’m not an expert in this field, and herein I make some sweeping generalisations educated guesses about the overall...
With the AI windfall, mental health may be taken increasingly seriously by mainstream EA. There’s increasingly room to explore the cause area and answer some of the biggest uncertainties; at the same time, costs of the most effective interventions are continuing to fall. StrongMinds is now treating for ~$35, about a third of GiveWell’s best guess from a few years ago, and is expected to...