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 strong incentives, but that's what keeps democracy up and running.
What incentives does a billionaire without accountably to the users of the school system have?
They have an incentive to appease the elected officials who put them in that position
Do you think that an official in the department of eduction get's promotions based on whether what he's doing is prefered by congress? It's likely much more problematic to cross the teachers unions.
I think civil society is an important part of functioning democracy. That means it's good when there are indepent well-founded players who aren't maximizing their profits.
What incentives does a billionaire have?
Mark has an incentive that when Max is old enough to read th...
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 :)