Andreas Mogensen, a Senior Research Fellow at the Global Priorities Institute, has just published a draft of a paper on "Maximal Cluelessness". Abstract:
I argue that many of the priority rankings that have been proposed by effective altruists seem to be in tension with apparently reasonable assumptions about the rational pursuit of our aims in the face of uncertainty. The particular issue on which I focus arises from recognition of the overwhelming importance and inscrutability of the indirect effects of our actions, conjoined with the plausibility of a permissive decision principle governing cases of deep uncertainty, known as the maximality rule. I conclude that we lack a compelling decision theory that is consistent with a long-termist perspective and does not downplay the depth of our uncertainty while supporting orthodox effective altruist conclusions about cause prioritization.
By accumulating resources for the future, we give increased power to whatever decision-makers in the future we bequeath these resources. (Whether these decision-makers are us in 20 years, or our descendants in 200 years.)
In a clueless world, why do we think that increasing their power is good? What if those future decision makers make a bad decision, and the increased resources we've given them mean the impact is worse?
In other words, if we are clueless today, why will we be less clueless in the future? One might hope cluelessness decreases monotonically over time, as we learn more, but so does the probability of a large mistake.