Eliezer Yudkowsky


“[T]he current situation where humanity is spending more on marketing lipstick in New York than on ensuring the future of the next several billion years and hundred million galaxies, not to mention for those with more selfish and short-sighted vision their own survival in the next few decades, the tiny fraction of resources that we are currently spending on this problem is not defensible, it is insane. Philanthropy has always been insane. There is no sufficient market in philanthropy, there is no sufficient market in expected utility. Even within a certain class of charitable intervention, like trying to save lives in Africa, you will find charities that are 1000 times as efficient as other charities. Can you imagine having a stock that predictably delivered 1000 times the return of the stocks? This would not happen in a sufficient market. This is because people care about money in a way that they do not quite care about maximizing the return on marginal investment in expected utility when they do philanthropy.”

Eliezer Yudkowsky, Becoming a Rationalist (Conversations from the Pale Blue Dot Podcast #088)