#73 – Phil Trammell on patient philanthropy and waiting to do good
80,000 Hours Podcast17 Maalis 2020

#73 – Phil Trammell on patient philanthropy and waiting to do good

To do good, most of us look to use our time and money to affect the world around us today. But perhaps that's all wrong.

If you took $1,000 you were going to donate and instead put it in the stock market — where it grew on average 5% a year — in 100 years you'd have $125,000 to give away instead. And in 200 years you'd have $17 million.

This astonishing fact has driven today's guest, economics researcher Philip Trammell at Oxford's Global Priorities Institute, to investigate the case for and against so-called 'patient philanthropy' in depth. If the case for patient philanthropy is as strong as Phil believes, many of us should be trying to improve the world in a very different way than we are now.

He points out that on top of being able to dispense vastly more, whenever your trustees decide to use your gift to improve the world, they'll also be able to rely on the much broader knowledge available to future generations. A donor two hundred years ago couldn't have known distributing anti-malarial bed nets was a good idea. Not only did bed nets not exist — we didn't even know about germs, and almost nothing in medicine was justified by science.

ADDED: Does the COVID-19 emergency mean we should actually use resources right now? See Phil's first thoughts on this question here.

Links to learn more, summary and full transcript.

What similar leaps will our descendants have made in 200 years, allowing your now vast foundation to benefit more people in even greater ways?

And there's a third reason to wait as well. What are the odds that we today live at the most critical point in history, when resources happen to have the greatest ability to do good? It's possible. But the future may be very long, so there has to be a good chance that some moment in the future will be both more pivotal and more malleable than our own.

Of course, there are many objections to this proposal. If you start a foundation you hope will wait around for centuries, might it not be destroyed in a war, revolution, or financial collapse?

Or might it not drift from its original goals, eventually just serving the interest of its distant future trustees, rather than the noble pursuits you originally intended?

Or perhaps it could fail for the reverse reason, by staying true to your original vision — if that vision turns out to be as deeply morally mistaken as the Rhodes' Scholarships initial charter, which limited it to 'white Christian men'.

Alternatively, maybe the world will change in the meantime, making your gift useless. At one end, humanity might destroy itself before your trust tries to do anything with the money. Or perhaps everyone in the future will be so fabulously wealthy, or the problems of the world already so overcome, that your philanthropy will no longer be able to do much good.

Are these concerns, all of them legitimate, enough to overcome the case in favour of patient philanthropy? In today's conversation with researcher Phil Trammell and my 80,000 Hours colleague Howie Lempel, we try to answer that, and also discuss:

• Real attempts at patient philanthropy in history and how they worked out
• Should we have a mixed strategy, where some altruists are patient and others impatient?
• Which causes most need money now, and which later?
• What is the research frontier here?
• What does this all mean for what listeners should do differently?

Chapters:

  • Rob’s intro (00:00:00)
  • The interview begins (00:02:23)
  • Consequences for getting this question wrong (00:06:03)
  • What have people had to say about this question in the past? (00:07:22)
  • The case for saving (00:11:51)
  • Hundred year leases (00:29:28)
  • Should we be concerned about one group taking control of the world? (00:34:51)
  • Finding better interventions in the future (00:37:20)
  • The hinge of history (00:43:46)
  • Does uncertainty lead us to wanting to wait? (01:01:52)
  • Counterarguments (01:11:36)
  • What about groups who have a particular sense of urgency? (01:40:46)
  • How much should we actually save? (02:01:35)
  • Implications for career choices (02:19:49)


Producer: Keiran Harris.
Audio mastering: Ben Cordell.
Transcriptions: Zakee Ulhaq.

Jaksot(293)

#4 - Howie Lempel on pandemics that kill hundreds of millions and how to stop them

#4 - Howie Lempel on pandemics that kill hundreds of millions and how to stop them

What disaster is most likely to kill more than 10 million human beings in the next 20 years? Terrorism? Famine? An asteroid? Actually it’s probably a pandemic: a deadly new disease that spreads out of control. We’ve recently seen the risks with Ebola and swine flu, but they pale in comparison to the Spanish flu which killed 3% of the world’s population in 1918 to 1920. A pandemic of that scale today would kill 200 million. In this in-depth interview I speak to Howie Lempel, who spent years studying pandemic preparedness for the Open Philanthropy Project. We spend the first 20 minutes covering his work at the foundation, then discuss how bad the pandemic problem is, why it’s probably getting worse, and what can be done about it. Full transcript, apply for personalised coaching to help you work on pandemic preparedness, see what questions are asked when, and read extra resources to learn more. In the second half we go through where you personally could study and work to tackle one of the worst threats facing humanity. Want to help ensure we have no severe pandemics in the 21st century? We want to help. We’ve helped dozens of people formulate their plans, and put them in touch with academic mentors. If you want to work on pandemic preparedness safety, apply for our free coaching service. APPLY FOR COACHING 2m - What does the Open Philanthropy Project do? What’s it like to work there? 16m27s - What grants did OpenPhil make in pandemic preparedness? Did they work out? 22m56s - Why is pandemic preparedness such an important thing to work on? 31m23s - How many people could die in a global pandemic? Is Contagion a realistic movie? 37m05s - Why the risk is getting worse due to scientific discoveries 40m10s - How would dangerous pathogens get released? 45m27s - Would society collapse if a billion people die in a pandemic? 49m25s - The plague, Spanish flu, smallpox, and other historical pandemics 58m30s - How are risks affected by sloppy research security or the existence of factory farming? 1h7m30s - What's already being done? Why institutions for dealing with pandemics are really insufficient. 1h14m30s - What the World Health Organisation should do but can’t. 1h21m51s - What charities do about pandemics and why they aren’t able to fix things 1h25m50s - How long would it take to make vaccines? 1h30m40s - What does the US government do to protect Americans? It’s a mess. 1h37m20s - What kind of people do you know work on this problem and what are they doing? 1h46m30s - Are there things that we ought to be banning or technologies that we should be trying not to develop because we're just better off not having them? 1h49m35s - What kind of reforms are needed at the international level? 1h54m40s - Where should people who want to tackle this problem go to work? 1h59m50s - Are there any technologies we need to urgently develop? 2h04m20s - What about trying to stop humans from having contact with wild animals? 2h08m5s - What should people study if they're young and choosing their major; what should they do a PhD in? Where should they study, and with who? More...

23 Elo 20172h 35min

#3 - Dario Amodei on OpenAI and how AI will change the world for good and ill

#3 - Dario Amodei on OpenAI and how AI will change the world for good and ill

Just two years ago OpenAI didn’t exist. It’s now among the most elite groups of machine learning researchers. They’re trying to make an AI that’s smarter than humans and have $1b at their disposal. Even stranger for a Silicon Valley start-up, it’s not a business, but rather a non-profit founded by Elon Musk and Sam Altman among others, to ensure the benefits of AI are distributed broadly to all of society.  I did a long interview with one of its first machine learning researchers, Dr Dario Amodei, to learn about: * OpenAI’s latest plans and research progress. * His paper *Concrete Problems in AI Safety*, which outlines five specific ways machine learning algorithms can act in dangerous ways their designers don’t intend - something OpenAI has to work to avoid. * How listeners can best go about pursuing a career in machine learning and AI development themselves. Full transcript, apply for personalised coaching to work on AI safety, see what questions are asked when, and read extra resources to learn more. 1m33s - What OpenAI is doing, Dario’s research and why AI is important  13m - Why OpenAI scaled back its Universe project  15m50s - Why AI could be dangerous  24m20s - Would smarter than human AI solve most of the world’s problems?  29m - Paper on five concrete problems in AI safety  43m48s - Has OpenAI made progress?  49m30s - What this back flipping noodle can teach you about AI safety  55m30s - How someone can pursue a career in AI safety and get a job at OpenAI  1h02m30s - Where and what should people study?  1h4m15s - What other paradigms for AI are there?  1h7m55s - How do you go from studying to getting a job? What places are there to work?  1h13m30s - If there's a 17-year-old listening here what should they start reading first?  1h19m - Is this a good way to develop your broader career options? Is it a safe move?  1h21m10s - What if you’re older and haven’t studied machine learning? How do you break in?  1h24m - What about doing this work in academia?  1h26m50s - Is the work frustrating because solutions may not exist?  1h31m35s - How do we prevent a dangerous arms race?  1h36m30s - Final remarks on how to get into doing useful work in machine learning

21 Heinä 20171h 38min

#2 - David Spiegelhalter on risk, stats and improving understanding of science

#2 - David Spiegelhalter on risk, stats and improving understanding of science

Recorded in 2015 by Robert Wiblin with colleague Jess Whittlestone at the Centre for Effective Altruism, and recovered from the dusty 80,000 Hours archives. David Spiegelhalter is a statistician at the University of Cambridge and something of an academic celebrity in the UK. Part of his role is to improve the public understanding of risk - especially everyday risks we face like getting cancer or dying in a car crash. As a result he’s regularly in the media explaining numbers in the news, trying to assist both ordinary people and politicians focus on the important risks we face, and avoid being distracted by flashy risks that don’t actually have much impact. Summary, full transcript and extra links to learn more. To help make sense of the uncertainties we face in life he has had to invent concepts like the microlife, or a 30-minute change in life expectancy. (https://en.wikipedia.org/wiki/Microlife) We wanted to learn whether he thought a lifetime of work communicating science had actually had much impact on the world, and what advice he might have for people planning their careers today.

21 Kesä 201733min

#1 - Miles Brundage on the world's desperate need for AI strategists and policy experts

#1 - Miles Brundage on the world's desperate need for AI strategists and policy experts

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5 Kesä 201755min

#0 – Introducing the 80,000 Hours Podcast

#0 – Introducing the 80,000 Hours Podcast

80,000 Hours is a non-profit that provides research and other support to help people switch into careers that effectively tackle the world's most pressing problems. This podcast is just one of many things we offer, the others of which you can find at 80000hours.org. Since 2017 this show has been putting out interviews about the world's most pressing problems and how to solve them — which some people enjoy because they love to learn about important things, and others are using to figure out what they want to do with their careers or with their charitable giving. If you haven't yet spent a lot of time with 80,000 Hours or our general style of thinking, called effective altruism, it's probably really helpful to first go through the episodes that set the scene, explain our overall perspective on things, and generally offer all the background information you need to get the most out of the episodes we're making now. That's why we've made a new feed with ten carefully selected episodes from the show's archives, called 'Effective Altruism: An Introduction'. You can find it by searching for 'Effective Altruism' in your podcasting app or at 80000hours.org/intro. Or, if you’d rather listen on this feed, here are the ten episodes we recommend you listen to first: • #21 – Holden Karnofsky on the world's most intellectual foundation and how philanthropy can have maximum impact by taking big risks • #6 – Toby Ord on why the long-term future of humanity matters more than anything else and what we should do about it • #17 – Will MacAskill on why our descendants might view us as moral monsters • #39 – Spencer Greenberg on the scientific approach to updating your beliefs when you get new evidence • #44 – Paul Christiano on developing real solutions to the 'AI alignment problem' • #60 – What Professor Tetlock learned from 40 years studying how to predict the future • #46 – Hilary Greaves on moral cluelessness, population ethics and tackling global issues in academia • #71 – Benjamin Todd on the key ideas of 80,000 Hours • #50 – Dave Denkenberger on how we might feed all 8 billion people through a nuclear winter • 80,000 Hours Team chat #3 – Koehler and Todd on the core idea of effective altruism and how to argue for it

1 Touko 20173min

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