Three mistakes in the moral mathematics of existential risk
David Thorstad (Global Priorities Institute, University of Oxford)
GPI Working Paper No. 7-2023, forthcoming in Ethics
Longtermists have recently argued that it is overwhelmingly important to do what we can to mitigate existential risks to humanity. I consider three mistakes that are often made in calculating the value of existential risk mitigation: focusing on cumulative risk rather than period risk; ignoring background risk; and neglecting population dynamics. I show how correcting these mistakes pushes the value of existential risk mitigation substantially below leading estimates, potentially low enough to threaten the normative case for existential risk mitigation. I use this discussion to draw four positive lessons for the study of existential risk: the importance of treating existential risk as an intergenerational coordination problem; a surprising dialectical flip in the relevance of background risk levels to the case for existential risk mitigation; renewed importance of population dynamics, including the dynamics of digital minds; and a novel form of the cluelessness challenge to longtermism.
Other working papers
On the desire to make a difference – Hilary Greaves, William MacAskill, Andreas Mogensen and Teruji Thomas (Global Priorities Institute, University of Oxford)
True benevolence is, most fundamentally, a desire that the world be better. It is natural and common, however, to frame thinking about benevolence indirectly, in terms of a desire to make a difference to how good the world is. This would be an innocuous shift if desires to make a difference were extensionally equivalent to desires that the world be better. This paper shows that at least on some common ways of making a “desire to make a difference” precise, this extensional equivalence fails.
Training effective altruism – Sultan Mehmood, (New Economic School), Shaheen Naseer (Lahore School of Economics) and Daniel L. Chen (Toulouse School of Economics)
Our randomized controlled trial of Pakistan’s deputy ministers compares two schools of thought about how to cultivate prosociality. We find that training the utilitarian value of empathy results in a 0.4-0.6 standard deviation increase in altruism, cooperation, coordination, and teamwork. Field outcomes—orphanage visits, volunteering in impoverished schools, and blood donations—also roughly double. We find that treated ministers increased their mentalizing of others…
High risk, low reward: A challenge to the astronomical value of existential risk mitigation – David Thorstad (Global Priorities Institute, University of Oxford)
Many philosophers defend two claims: the astronomical value thesis that it is astronomically important to mitigate existential risks to humanity, and existential risk pessimism, the claim that humanity faces high levels of existential risk. It is natural to think that existential risk pessimism supports the astronomical value thesis. In this paper, I argue that precisely the opposite is true. Across a range of assumptions, existential risk pessimism significantly reduces the value of existential risk mitigation…