novalis comments on Any existential risk angles to the US presidential election? - Less Wrong

-9 Post author: Stuart_Armstrong 20 September 2012 09:44AM

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Comment author: CharlieSheen 20 September 2012 07:39:19PM *  17 points [-]

Which administration is less likely to increase Peter Thiel's taxes?

I'm fairly certain he is spending it better than the USG. Considering what kind of charity he spends it on, it doesn't seem like he gives to charity to get tax brakes or buy status for bragging at cocktail parties. I'm fairly sure a richer Peter Thiel translates into a better less existential risk exposed world.

Edited: People don't seem to be following my Peter Thiel link, it goes to the Top Donors for the Singularity Institute:

Thiel Foundation $1,100,000

Comment author: novalis 20 September 2012 09:15:21PM *  1 point [-]

I think you would also have to consider the effect on Thiel's income. It's possible (for instance) that Obama would increase his tax rate but also increase his income enough to cover this.

Since I think both Obama and Romney are proposing policies which are bad for the economy, and since I'm not really an expert in economic policy, I don't actually have a strong opinion on which how the election would affect Thiel's income. But it definitely must be considered.

Comment author: radical_negative_one 21 September 2012 07:23:00PM *  2 points [-]

consider the effect on Thiel's income

In that case I suppose we should let Thiel tell us who to vote for.

Comment author: TheOtherDave 21 September 2012 09:01:14PM 2 points [-]

Not necessarily, even if the effect on Thiel's income is my only consideration.

For one thing, Thiel might recommend candidate A over B because he calculates expected income under A > expected income under B, but I might consider Thiel's expected income calculations incorrect and believe EI(B) > EI(A), in which case I would vote for B.
For another, Thiel might recommend A over B because he values other things more than EI... for example, maybe B is a Mormon and Thiel really hates Mormons. In which case Thiel's endorsement of A would not be strong evidence that I should vote for A.
Etc.

In fact, even by novalis' reasoning, we don't care about Thiel's income, we care about the size of Thiel's donations to SIAI. If Thiel credibly precommits to donating N to SIAI if candidate A wins, and 2N if B wins, then in this case I should vote for B, even if everyone agrees that A will maximize Thiel's income.

Comment author: novalis 21 September 2012 08:32:09PM 0 points [-]

Well, that's only if we think the marginal effects of policy changes on SAIA donors' income would be greater than any other difference between the candidates in terms of effects on the world. I think this is pretty unlikely.