SilasBarta comments on Applied Optimal Philanthropy: How to Donate $100 to SIAI for Free - Less Wrong

10 Post author: Louie 04 January 2011 06:14AM

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Comment author: shokwave 04 January 2011 03:47:23PM *  2 points [-]

Especially if you keep some money for yourself, it's a good deal. Setting up the account is a minor inconvenience, so a disproportionate number of people are not going to do anything about this. Taking a cut for yourself allows you to take whatever cut you want to overcome said inconvenience: if you think it's about 10 dollars annoying, you keep 10 dollars, and then 40 (80) goes to SIAI.

The compensation cancels out with the annoyance, and you're left with fuzzies.

That is why I praised and upvoted it, but I don't think it's what User:Kevin intended. I think he intended to answer your question

why should I extend them $50 of credit for 50 days

with "you get $2.50". I believe this intended meaning is obvious because he quoted your question and provided an answer in the form of a situation where you get $2.50.

Comment author: SilasBarta 04 January 2011 04:15:40PM 1 point [-]

My entire objection is that I don't think I will get the $50, ("It's not the interest I'm worried about; it's the principle."), either by ING not giving it, or by requiring me to spend $50 worth of my time.

Do you now see why arguments that assume ING acceptably comes through are therefore non-responsive? (Because it's frankly taking a while.)

Comment author: shokwave 04 January 2011 08:36:52PM 0 points [-]

My entire objection is that I don't think I will get the $50

Could you elaborate on why? "ING not giving it" is unlikely, "requires >$50 of my time" seems unlikely - the website in question says it will take 5 minutes to sign up, each of the three transactions will take ~5 minutes, donating will take ~5 minutes, spending or transferring the bonus $50 down the line will take ~5 minutes... that's half an hour. So please, I would like to know why you don't think you will get the $50.

Comment author: SilasBarta 04 January 2011 11:11:56PM *  1 point [-]

Can we first agree that given my position, the points you were actually arguing in an attempt to change my mind were not relevant?

With that said, the evidence provided by Rain and Kevin indicate that that is a non-sleazy offer, so the only question is whether this is worth my time. And I think you've significantly underestimated the time this will actually take (since you can't do all of that in a batch) and my time value/hour. Still worth considering though.

Comment author: shokwave 05 January 2011 06:09:48AM 0 points [-]

Can we first agree that given my position, the points you were actually arguing in an attempt to change my mind were not relevant?

Sure. I figured since the top level post specified in a footnote that it was genuine and not at all sleazy, and both top level posts and Louie have good track records, you must have had some other reason. Of course, if you value your time much higher than I do, you might need comparatively more evidence to be convinced of that.