army1987 comments on Some reservations about Singer's child-in-the-pond argument - Less Wrong
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Dunno if someone has noticed this before, and dunno how relevant this is, but in the child-in-the-pond scenario, you're the only person who could possibly save that child, whereas in the AMF scenario, anyone giving the same amount of money would save the same children.
Well, it's certainly psychologically relevant, but I don't know how relevant it is to Singer's point.