How can we best allocate our limited resources to improve the world? Sub-question: Which resources are worth the effort to optimise the allocation of, and which are not, given that we all have limited time, effort and willpower?
I find this framing most helpful. In particular, for young people, the most valuable resource they have is their future labor. Initially, converting this to money and the money to donations was very effective, but now this is often outcompeted by working directly on high priority paths. But the underlying question remains. And I’d argue we often reach the point where optimising our use of money, as it manifests as frugality and thrift, is not worth the willpower and opportunity costs, given that there’s a lot more money than vetting capacity or labor. (Implicit assumption: thrift has cost and is the non default option. This feels true for me but may not generalise)
How can we best allocate our limited resources to improve the world? Sub-question: Which resources are worth the effort to optimise the allocation of, and which are not, given that we all have limited time, effort and willpower?
I find this framing most helpful. In particular, for young people, the most valuable resource they have is their future labor. Initially, converting this to money and the money to donations was very effective, but now this is often outcompeted by working directly on high priority paths. But the underlying question remains. And I’d argue we often reach the point where optimising our use of money, as it manifests as frugality and thrift, is not worth the willpower and opportunity costs, given that there’s a lot more money than vetting capacity or labor. (Implicit assumption: thrift has cost and is the non default option. This feels true for me but may not generalise)