I guess there are two questions it might be helpful to separate.
what is the best thing to do with my money if I am purely optimising for the good?
how much of my money does the good demand?
Looking at the first question (1), I think engaging with the cost of giving (as opposed to the cost of building runway) wrt doing the most good is also helpful. It feels to me like donating $10K to AMF could make me much less able to transition my career to a more impactful path, costing me months, which could mean that several people die that I could have saved via donating to Givewell charities.
It feels like the “cost” applies symmetrically to the runway and donating cases and pushes towards “you should take this seriously” instead of having a high bar for spending money on runway/personal consumption.
Looking at (2) - Again I broadly agree with the overall point, but it doesn’t really push me towards a particular percentage to give.
For me, if the answer to #1 is in favor of saving for runway, that disposes of the question. Just need to be careful, as you are aware, of motivated reasoning.
For #2, for me, the good demands all of your money. Of course, you are not going to be the most effective agent if you keep yourself in poverty, so this probably doesn’t imply total penury. But insofar as other conscious beings today are capable of positive and negative experiences like you are, it isn’t clear why you should privilege your own over those of other conscious beings.
I guess there are two questions it might be helpful to separate.
what is the best thing to do with my money if I am purely optimising for the good?
how much of my money does the good demand?
Looking at the first question (1), I think engaging with the cost of giving (as opposed to the cost of building runway) wrt doing the most good is also helpful. It feels to me like donating $10K to AMF could make me much less able to transition my career to a more impactful path, costing me months, which could mean that several people die that I could have saved via donating to Givewell charities.
It feels like the “cost” applies symmetrically to the runway and donating cases and pushes towards “you should take this seriously” instead of having a high bar for spending money on runway/personal consumption.
Looking at (2) - Again I broadly agree with the overall point, but it doesn’t really push me towards a particular percentage to give.
Yes that’s right.
For me, if the answer to #1 is in favor of saving for runway, that disposes of the question. Just need to be careful, as you are aware, of motivated reasoning.
For #2, for me, the good demands all of your money. Of course, you are not going to be the most effective agent if you keep yourself in poverty, so this probably doesn’t imply total penury. But insofar as other conscious beings today are capable of positive and negative experiences like you are, it isn’t clear why you should privilege your own over those of other conscious beings.