This seems exactly wrong. When GiveWell or Giving What We Can change their recommendations based on new data or arguments and explain their reasoning, the donations switch rapidly and en masse. EA donations have very little inertia.
MacAskill mentioned this in his original article. My response was cost-effectiveness doesn’t vary as much as initially appears to be the case (though I recognize that my discussion is specific to global health).
Building an organization in a specific field, accumulating field-specific human capital (experience, CV, education), these involve putting years of effort into a particular project or vision. If you later find out that cancer biology was a bad move and you think that renewable energy is more important, your years doing a PhD in that area are now substantially wasted. Careers have very high inertia and investment in cause-specific capital, while earning power is flexible and donations can be highly responsive to new inputs.
I view this as more of an argument in favor of building transferable skills (rather than highly specialized skills) than an argument in favor of earning to give.
It is highly cherry-picked from two directions. Jobs gave up most of his Apple stock so that he captured a relatively small share of Apple’s recent rise, and he is generally believed to have had more irreplaceable impact on his company than virtually all CEOs (although still Apple stock did not plummet with his death).
I don’t mind having cherry-picked the example – I chose it to get people thinking rather than with the intent of weaving a tight argument.
MacAskill mentioned this in his original article. My response was cost-effectiveness doesn’t vary as much as initially appears to be the case (though I recognize that my discussion is specific to global health).
I view this as more of an argument in favor of building transferable skills (rather than highly specialized skills) than an argument in favor of earning to give.
I don’t mind having cherry-picked the example – I chose it to get people thinking rather than with the intent of weaving a tight argument.