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Bill Gates is also applying his money where he thinks it will have the most impact - their foundation often invests in new technologies and startups whose produ
by TTPrograms 9y ago
Bill Gates is also applying his money where he thinks it will have the most impact - their foundation often invests in new technologies and startups whose products will have the greatest impact per dollar. If Gates and Musk are both working to maximize impact their difference is who they focus on. Gates primarily focuses on the most impoverished on the planet, while Musk focuses on the first world (and indirectly the most impoverished due to the effects on climate change).
Saying that the Gates Foundation does not reinvest into new ideas that maximize impact does a great disservice to what is one of most effective and effectiveness-oriented philanthropic organizations on the planet.
- grandalf 9y agoImpact in terms of what? Alleviating suffering or helping to fix the institutions whose brokenness has let the problems fester?
- TTPrograms 9y agoAlleviating suffering over the long term, which includes fixing institutions when it's appropriate.
- erikpukinskis 9y agoThose two things feed into each other. Basic health increases the ability of a populace to fix institutions. You act like "fixing" the political institutions in a foreign country is some trivial thing, as if people haven't been trying and failing to make interventions like that for a hundred years. I think the hypothesis of: make healthcare, credit, etc widely available, and the political landscape will change much more probable than the counter hypothesis: fix the political landscape through some intervention and healthcare, credit, etc will follow.