An overview of effective altruism

intro

Effective altruism is about doing the most good you can. This might be through donating to charities who have demonstrated their effectiveness or it might be through choice of career. It's a loose movement of people guided by evidence rather than their gut.

growth

1971: The seeds were sown by Peter Singer's Famine, Affluence and Morality.

If it is in our power to prevent something bad from happening, without thereby sacrificing anything of comparable moral importance, we ought, morally, to do it.

Taking this idea to its logical conclusion, Singer suggests that we ought to give until we reach the level of marginal utilityThe point at which, by giving more, you'd reach the same level as the people you're helping.[1].

The rise of charity evaluators has made it easier to decide where to give based on evidence.

Timeline of Charity Evaluators

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[2]

movement

The term effective altruism came in to use around 2010[3].

big players:

Since 2007, GiveWell has been making it easier to decide where to give by providing in-depth analysis and evaluationCriteria: evidence that programs work, cost effectiveness, room for funding, transparency. of charities[4]. In 2015 they estimate to have moved $110,135,779 to their top picks[5].

Giving What We Can launched in 2009, and now has 2,716 members who have donated a total of $22,242,740. Each member pledges to give 10% of their income, amounting to an estimated $1.3 billionA prediction based on members' current age and their own estimates of their future salary. pledged so far[6].

Taking a gentler approach, The Life You Can Save suggests pledging a minimum of 1% of your income, scaling it up for those with larger salaries. Their 18,798 members are estimated to have donated $1.35 million to highly effective charities in 2015[7].

80,000 hours helps people find careers where they can do the most good. As of 2015 they led to 188 significant career changes based on their research[8].

ideas

your opportunity

Imagine if, one day, you saw a burning building, kicked the door down, ran in and rescued a small child. You'd feel like a hero - it would be one of the most important days of your life. What the evidence shows is that you can do that, every one or two years, for the rest of your working life.

The average salary in the UK is £26,468[9] - within the richest 3% globally[10]. 10% of this is enough to save 1 life per yearGiveWell estimates that the average cost to save a life through it's recommended interventions is about £2,500.[11], and you'd still be in the richest 4%.

£2500
to save a life

more for your money

80% of all blindnessThat's 31 million people, 90% of whom live in the developing world. is preventable[12]. In the UK it costs about £50,000 to train and support a guide dog[13]. In developing countries cataractIn low-income countries unoperated cataracts are the leading cause of blindless. surgery costs £30[14].

That's over 1500 people saved from blindness for the price of 1 guide dog.

1500 man icons

career

You have about 80,000 working hours in your lifetime[15]. This provides a massive potential to do good. For some people this will mean doing good directly, e.g. as a doctor or working for a non-profit. For others it will be less direct such as through research, advocacy or earning to give[16].

criticism

Painting vs Child

You see a burning building. Inside there's a picasso painting'Women of Algiers' sold in 2015 for £115m/$179m. That's enough to save over 40,000 lives. and a child[17]. You only have time to save one of them - which do you save? Effective altruism suggests you should save the paintingAccording to Will MacAskill, co-founder of 80,000 hours, Giving What We Can and the Centre for Effective Altruism.[18].

Is effective altruism ineffective?

People give less when shown statisticsThis is known as the 'indentifiable victim effect'. about suffering compared to an anecdote. In fact people even give less when shown both rather than just the anecdote. Could effective altruism lead people to donate less, albeit more effectively?[19]

more

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