I’m envisioning putting the $100MM in a trust and (as an initial strategy) spending ~$15MM extra a year until expended.
I think others have stated the general case for animal welfare as particularly neglected (although I do not agree with many of those posts asserting an astronomical difference for various reasons). So I’ll focus this comment on why I didn’t initially place further along on the animal-welfare side:
(1) I tentatively think AW work can be particularly high effectiveness because it is often so leveraged; EA dollars serve as a catalyst to ignite the building blocks that were already there (e.g., pre-existing moral sentiment as the fuel that allows corporate campaigns to work). It’s unclear to me whether there is enough quality fuel to inject a bolus of catalyst here, which is part of why the gradual spend is important to my vote here.
(2) I give some credence to the possibility of humanewashing. I think I can mitigate that by putting the money in a trust and spending at a moderate clip, which would allow me to avoid (or apply extra scrutiny to) projects with moderate-to-high humanewashing risks.
(Placement confidence: fairly low)
I’m envisioning putting the $100MM in a trust and (as an initial strategy) spending ~$15MM extra a year until expended.
I think others have stated the general case for animal welfare as particularly neglected (although I do not agree with many of those posts asserting an astronomical difference for various reasons). So I’ll focus this comment on why I didn’t initially place further along on the animal-welfare side:
(1) I tentatively think AW work can be particularly high effectiveness because it is often so leveraged; EA dollars serve as a catalyst to ignite the building blocks that were already there (e.g., pre-existing moral sentiment as the fuel that allows corporate campaigns to work). It’s unclear to me whether there is enough quality fuel to inject a bolus of catalyst here, which is part of why the gradual spend is important to my vote here.
(2) I give some credence to the possibility of humanewashing. I think I can mitigate that by putting the money in a trust and spending at a moderate clip, which would allow me to avoid (or apply extra scrutiny to) projects with moderate-to-high humanewashing risks.