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Pablo_Stafforini comments on A Rational Altruist Punch in The Stomach - Less Wrong
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Do you think the risk per year of losing the accumulated wealth is higher in the far future than in the near future? If the risk is not higher, doesn't your objection generalize to ordinary (near-future) investments?
Yes. If you're not around to manage the money, it's far more likely to be embezzled or end up used on something no longer useful.
Also, many possible risks you can see coming before they actually happen. The Brazilian Empire isn't going to invade and pillage the USA in the next 10 years, but can you be so sure that it won't happen in the 3240s?
Oh you know nothing about the Brazilian Empire...
We look tame on the outside... but it's the atom's inside that counts...