G

Grayden 🔸

1527 karmaJoined Working (6-15 years)London, UK

Bio

Participation
2

Private equity investor (E2G)

Co-Treasurer @ EA UK

Trustee @ EA for Christians

Trustee @ ICM UK

Director @ EA Good Governance Project

MBA @ INSEAD

Comments
110

Topic contributions
5

You narrative talks about the movement switching from earn to give to career-focused. I think that has huge survivorship bias in it. There are now many GWWC pledgers who would not call themselves EA. As the movement became bigger, the career-focused side began to dominate discourse because there’s a lot more to say if you are career-focused and trying to coordinate things rather than if you are head down earning money.

This article has a lot of downvoting (net karma of 39 from 28 votes and 3 disagree votes). Could some of the people who downvoted or disagreed explain their rationale?

You could try putting cash into a separate savings account earmarked for donation. When you are happy that you don’t need it, donate it. (But maybe over a few years for tax efficiency)

Interest rates are much higher, which is partially offset by inflation (it’s real not nominal that matters) but not entirely. Today, US Treasuries have a +1.79% yield over 5 years in real terms, so higher than the -1.28% I mention in the article but still within the long-term range of -1% to +2% that I mention in the article. Importantly, that’s still below real GDP growth expectations, so over time the amount you can buy as a proportion of global wealth declines.

I think all the points still stand albeit the numbers in the example look dated now! Anything you think should be changed?

Surely it’s not a case of either-or. EA exists because we all found that existing charity was not up to scratch, hence we do want EA to take different approaches. However, I think it’s important to also have people from outside EA (but with good value alignment) to provide diversity of thought and make sure there are no blindspots.

Do you get 1 karma just for posting this comment? 😂

Estonia doesn’t surprise me. It’s very tech-heavy and EA skews heavily to tech people

What were the conditions of the grant? What follow-up was there after the grant was made? Was there a staged payment schedule based on intermediate outputs? If this grant went to a for-profit and no output was produced, can the money be clawed back?

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