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Home»Technology»Elie Hassenfeld Q&A: ‘$5,000 to Save a Life Is a Cut price’
Technology

Elie Hassenfeld Q&A: ‘$5,000 to Save a Life Is a Cut price’

DaneBy DaneMarch 28, 2024No Comments3 Mins Read
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Elie Hassenfeld Q&A: ‘,000 to Save a Life Is a Cut price’
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Typically donors count on that they will save a life for a lot lower than $5,000, and so they’re stunned to come across our estimate. However most come to share my perception that $5,000 to avoid wasting a life is a cut price. We goal to be absolutely clear about what goes into our cost-effectiveness estimates—together with the counterarguments, caveats, assumptions, finest guesses, and ethical judgments. This transparency provides them the boldness to present extra.

It’s true that within the US we focus so intently on high quality of life that we might not admire that we now have lives within the first place, that comparatively few of our youngsters die as infants. However aren’t a few of the individuals saved by, say, malaria nets, going to have actually laborious lives?

It is a unhappy actuality about issues, that we don’t even take into consideration how fortunate we’re. And when you reverse the query you requested, it may possibly sound such as you’re mainly questioning if one is perhaps very rich and have nice bodily well being and nonetheless be sad. Clearly you may be.

Why have so many EAs turned their consideration from stopping illness to cooking up E-book-of-Revelation situations involving AI?

Many EAs proceed to work on international well being. However the speedy development in highly effective AI techniques ought to increase actual issues for everybody. Myself included.

Once I began getting within the philosophy of EA, there was some freaky stuff.

You imply these scary questions, like, “Would you let your mother die to avoid wasting 100 strangers?”

Precisely. However I feel there are sufficient challenges on the planet that we want each particular person centered on the world the place they assume they will have the largest influence. I’m glad there are numerous nice minds centered on AI and the broader questions in EA. Me, personally, I can deliver one thing to serving to people who find themselves struggling proper now.

So that you constructed the nonprofit GiveWell after working at Bridgewater, an funding fund that’s [checks notes] for-profit, sure?

Sure. And at first there have been numerous tales about Holden and me, how “hedge fund veterans” had been turning to philanthropy. However we had been solely 26, and we’d been on the fund for only some years. Very quickly Holden and I had been speaking with mates about learn how to give cash away.

I selected the reason for clear water in Africa. I don’t understand how or why I selected it. I most likely thought one thing like, Water is a fundamental human want. Giving cash to offer entry to scrub water appeared like an excellent factor to do. Within the early days of GiveWell, we observed that diarrhea and dehydration are among the many main causes of demise. Why? How? I simply obtained completely obsessive about this: We stay in a world the place individuals with out clear water die of diarrhea. However clear water has not been an excellent we will ship but. To be sincere, I nonetheless want we might do extra to offer individuals with water that received’t trigger illness.

Why is that tough?

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