T

trammell

2526 karmaJoined

Bio

Postdoc at the Digital Economy Lab, Stanford. I'm slightly less ignorant about economic theory than about everything else.

https://philiptrammell.com/

Sequences
1

The Ambiguous Economics of Full Automation

Comments
198

Okay, interesting--that's baking in an EAish (or at least consequentialist) framing that I was trying to cut out by just saying "most moral", but fair point that maybe EAs just use the word "moral" next to "jobs" unusually often and that outweighs this.

In any case, yes, as Linch has pointed out, it seems these effects are small--trying your prompts now, they seem to produce answers about as EA-coded as the "morally speaking" one.

Oh shoot, that's good to know!! Thank you!

And thank you for doing the OpenRouter validation!

Definitely possible for the job prompt--do you have any thoughts on how else to ask the question about "best jobs" in a way that makes it clear that we mean "best" in the moral sense?

(Again I did try varying the prompt a bit and the results seemed similar, but I always used the word "moral". I don't want to say something like "I don't mean best for me, I mean best for the world", since that's asking for a consequentialist answer.)

I just asked Opus 4.5 the same prompt here. Unlike Gemini 2 months ago, it got the two views right, but was much more clearly just anchoring on the logic of this EA Forum post.

Its central estimate is that it's just about as bad to put a split-brain patient in an ice bath than a person with a working corpus callosum (given that the former does have 2 experience streams), as I'd say. But it does also give the "Fischer view" some weight, for an expected welfare multiple of "approximately 1.1-1.3x".

Cool, thanks for sharing! Agreed that this would be great to lower uncertainty on (not that I have any idea how to do it...)

I do my best at a lot of that speculating in the linked doc, which is why it’s so long, and end up thinking that those considerations probably don’t outweigh the (to my mind) central point about pure time preference and imperfect intergenerational altruism. But they might. 

There are many arguments one can make for spending more or less quickly, and that's fine, but since this post doesn’t respond to my own argument in any sense, I’ll just flag that you can find it here, if anyone’s still interested!

The core of the argument is in Section 2. The core assumption it relies on is that our beneficiaries have a positive rate of pure time preference and/or imperfect intergenerational altruism. So the argument is essentially a reply to the “rational preference” argument presented here: I’d say we should do what’s best for people and their descendants, which is to be more patient than they prefer. If it’s true that it’s cheaper to save a life in some country today than in 100 years, in present value terms, that is a case of the inefficiency discussed in Section 2.6.

The argument is entirely compatible with

  • there being a significant risk of expropriation each year,
  • r being less than sometimes, and
  • it being better to give now than to wait 100 years in particular. (Since the argument just implies that, given a positive rate of pure time preference and/or imperfect intergenerational altruism, there is probably some future time when it is better to give, until a large share of total funding for the beneficiaries is being allocated patiently.)

Thanks, I agree that when to spend remains an important and non-obvious question! I'm glad to see people engaging with it again, and I think a separate post is the place for that. I'll check it out in the next few days.

I think it depends on the time horizon. If catch-up growth is not near-guaranteed in 100 years, I think waiting 100 years is probably better than spending now. If it is near-guaranteed, I think that the case for waiting 100 years ambiguous, but there is some longer period of time which would be better.

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