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Donor advised funds and lookthrough5/1/2023 ![]() There are many positive effects from giving now, via enhancing the credibility and coherence of effective altruism (EA) as a movement, increasing the reach of effective altruist organizations. This situation should be familiar to many donors, and especially to “effective altruists”: our current best guesses (in most cases) are not only different from our past best guesses, they are also likely to be several times more cost-effective. So at the moment it seems like we will be able to do much more with our money in the future. The speculative projects seem like they probably have much larger impact, but speculative projects probably vary greatly in their cost-effectiveness in ways we don’t yet understand: in those areas we do understand, we observe large gaps between the most and least effective interventions which are often hard to notice without more detailed analysis, and it seems likely that similar gaps will exist in harder-to-quantify areas. So today we have a choice between focusing on relatively simple, well-understood interventions, or going out on a limb and supporting more speculative work. Activities like political advocacy and differential tech development seem like they could easily have very large impacts, but at the moment those impacts are poorly understood. ![]() The basic reason for optimism is that only a very small fraction of all existing charitable opportunities-much less all possible altruistic interventions-have been rigorously assessed. But for now, I think there is a much more compelling reason to save: there is a very good chance that the best giving opportunities we can identify in the near future will be better than the best giving opportunities we can identify this year. giving before, focusing on the issue of interest rates vs.
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