#GiveWell is a nonprofit within the #EffectiveAltuism movement that evaluates and recommends charities that save or improve lives the most per dollar. It focuses on cost-effectiveness and evidence of impact.

In 2020, GiveWell donors contributed over $240 million to its recommended charities. These donations will save over 150,000 lives.

https://blog.givewell.org/2021/11/12/givewells-money-moved-in-2020/

In this thread I will explain in short how GiveWell translates a donated dollar amount into a number of saved lives.

GiveWell’s money moved in 2020 - The GiveWell Blog

2020 was another year of tremendous growth. GiveWell donors contributed over $240 million to our recommended charities.

The GiveWell Blog

I'd like to attempt a short explanation of the singular failing, the fundamental ethical and philosophical error at the heart of #EffectiveAltuism.

First, it's good to maximise the returns on your generosity. You *should* try to do as much good as you can. Obviously!

But how do we measure good? Herein lies the problem. And the fundamental flaw which allows people at the centre of this #cult to justify themselves being terrible.

1/n

Effective Altruism Is Bunk, Crypto Is Bad for the Planet, and Other Basic Truths of the FTX Crash

The overarching lesson of Sam Bankman-Fried’s downfall is that the gauzy philosophical natterings of CEOs are just meant to distract us from their real goal: accumulating cash without interference.

The New Republic

Some good pieces published recently about the #FTX #CryptoPlatform scandal. This one provides some helpful context.

Money From Nothing: Sam Bankman-Fried’s Crypto Shakedown:
The late crypto platform FTX was a clearinghouse of info-capitalist delusion.
— By Timi Iwayemi in The Nation (@thenation)

https://www.thenation.com/article/economy/money-from-nothing/

#SamBankmanFried #FTXscam #FTXExchange #ctypto #InfoCapitalism #EffectiveAltuism #MoneyFromNothing #MoneyForNothing

Money From Nothing: Sam Bankman-Fried’s Crypto Shakedown

The late crypto platform FTX was a clearinghouse of info-capitalist delusion.

The Nation

I don't drink but I landed myself a free bottle of something alcoholic that I don't even know if it's good or bad.

Here's a puzzle for the #effectivealtuism guys out there! What can I do with this bottle to maximise the social good impact that it has?

#charity