So apparently transferring your stocks to a limited liability company in Delaware owned by yourself, with vague do-good objectives and in particular with no mechanisms to monitor how much these objectives are being fulfilled, is now called "effective altruism".
Yes, pledging future charity donations without specific mechanisms about achieving objectives is part of what the "Giving What We Can Pledge" is about. Applauding people for pledging to give effectively is a key EA value.
Why? It seems to me that the department of education has better incentives.
What incentives do burocrats at the department of education have in your opinion? In my view those burocrats have incentives to try to centralize educational policy. Otherwise they have incentives to protect the status quo instead of innovating.
Radical innovation seldom happens at the place where people are invested in the status quo. Plurality is very important for society to work well.
Applauding people for pledging to give effectively is a key EA value.
If I understanding correctly, he just pledged to donate to himself, in the form of a for-profit company set up in the closest thing to tax haven you can find in the US.
Where is "effective" part? Where is the "giving" part?
What incentives do burocrats at the department of education have in your opinion?
They have an incentive to appease the elected officers who put them in that position, who in turn have an incentive to appease their electorate. Not terribly stron...
Mark Zuckerberg annouced that he is going to give away 99% of his facebook wealth ($45 billion) over his lifetime.
He announced guiding questions:
It's interesting that "live much longer and healthier lives" is on the list. Larry Page seems to divert money inside Google into Calico for anti-aging tech. Under Cook Apple also invests into health.
The future seems looking good :)