Dagon comments on The Craigslist Revolution: a real-world application of torture vs. dust specks OR How I learned to stop worrying and create one billion dollars out of nothing - Less Wrong

47 Post author: Kevin 10 February 2010 03:15AM

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Comment author: Dagon 10 February 2010 09:20:39PM *  2 points [-]

I don't get it.

Can you explain a bit how craigslist ads GENERATE money, as opposed to just redirecting it? Wouldn't you expect that a vast majority of the money collected this way would come out of some other spending?

More specifically, why is work to get this ad put on craigslist any better than working to put charity-directed ads elsewhere, including places that already have ads?

edited: this was based on a misunderstanding of the proposal. never mind!

Comment author: gwern 10 February 2010 10:47:32PM 1 point [-]

Allow me to summarize your argument:

'<activity> is <bad / inefficient> because an <efficient market / $DEITY> would already be doing it; <efficient market / $DEITY> is not doing <activity>, so eo ipso, <activity> is <bad / inefficient>.'

It seems unlikely to me that the market is really allocating resources appropriately with regard to existential threats because of the many collective action issues.

Comment author: Blueberry 10 February 2010 10:06:55PM 1 point [-]

Wouldn't you expect that a vast majority of the money collected this way would come out of some other spending?

Yes. It comes from companies' advertising budgets. The money would go to other websites or marketing companies, so it's being redirected to charity.

why is work to get this ad put on craigslist any better than working to put charity-directed ads elsewhere, including places that already have ads?

It's more effective, assuming Jim will agree to donate the money to charity, because ads elsewhere require people seeing the ad to donate. This doesn't. If you pay $500 to a company for an ad that says "Donate to Charity", the $500 goes to the company, and the charity only gets what people donate. If Apple pays Craigslist $500 for an iPad ad, and Jim decides to donate it to charity X, then charity X gets the money.

Comment author: Dagon 11 February 2010 12:39:49AM 5 points [-]

Oh! I misread the proposal. I thought craigslist was offering free, exclusive ads for a charity of our choice. Selling space for random commercial ads with the proceeds going to charity is what's actually being considered, and that seems like a pure win for whatever charity gets picked.

voted myself down and edited my comment.