I thought effective altruists were all about buying people’s mosquito nets in Africa because it’s more bang for your buck than buying people’s groceries in North America?
No, Effective Altruism is often interpreted by tech CEOs as being more effective to not donate anything short term so they can use that monetly to get a shitton more money that they can theoretically do more good with later.
Except they never explain what the criteria are for starting to donate, so they keep amassing more weath. It’s just used as a flimsy excuse to be greedy bastards.
Ah so they’re bad at economics too. The donated money will have a higher growth rate than invested money, so it’s more rational to donate early. Being poor is expensive!
Fuck the “effective altruism” cult. They’re all selfish cunts that are too cowardly to admit it
I thought effective altruists were all about buying people’s mosquito nets in Africa because it’s more bang for your buck than buying people’s groceries in North America?
No, Effective Altruism is often interpreted by tech CEOs as being more effective to not donate anything short term so they can use that monetly to get a shitton more money that they can theoretically do more good with later.
Except they never explain what the criteria are for starting to donate, so they keep amassing more weath. It’s just used as a flimsy excuse to be greedy bastards.
Ah so they’re bad at economics too. The donated money will have a higher growth rate than invested money, so it’s more rational to donate early. Being poor is expensive!