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I like your opinion. I previously thought that spending on GH had no negative effect on AW, but I updated my thinking.
Also, I think spending on GH can have a positive indirect effect on AW. Talented individuals who would have died otherwise could be saved. These individuals might then contribute to technology advancements. and this marginal productivity could have a positive effect on AW in the long run.
However, the scale of this effect is uncertain. I have neither evidence nor instinct about this.