Existential Risk and Growth

Philip Trammell (Global Priorities Institute and Department of Economics, University of Oxford) and Leopold Aschenbrenner

GPI Working Paper No. 13-2024

Technologies may pose existential risks to civilization. Though accelerating technological development may increase the risk of anthropogenic existential catastrophe per period in the short run, two considerations suggest that a sector-neutral acceleration decreases the risk that such a catastrophe ever occurs. First, acceleration decreases the time spent at each technology level. Second, since a richer society is willing to sacrifice more for safety, optimal policy can yield an “existential risk Kuznets curve”; acceleration then pulls forward a future in which risk is low. Acceleration typically increases risk only given sufficiently extreme policy failures or direct contributions of acceleration to risk.

An earlier version of the paper was published as GPI Working Paper No. 6-2020, and is available here.

Other working papers

Non-additive axiologies in large worlds – Christian Tarsney and Teruji Thomas (Global Priorities Institute, Oxford University)

Is the overall value of a world just the sum of values contributed by each value-bearing entity in that world? Additively separable axiologies (like total utilitarianism, prioritarianism, and critical level views) say ‘yes’, but non-additive axiologies (like average utilitarianism, rank-discounted utilitarianism, and variable value views) say ‘no’…

How should risk and ambiguity affect our charitable giving? – Lara Buchak (Princeton University)

Suppose we want to do the most good we can with a particular sum of money, but we cannot be certain of the consequences of different ways of making use of it. This paper explores how our attitudes towards risk and ambiguity bear on what we should do. It shows that risk-avoidance and ambiguity-aversion can each provide good reason to divide our money between various charitable organizations rather than to give it all to the most promising one…

Can an evidentialist be risk-averse? – Hayden Wilkinson (Global Priorities Institute, University of Oxford)

Two key questions of normative decision theory are: 1) whether the probabilities relevant to decision theory are evidential or causal; and 2) whether agents should be risk-neutral, and so maximise the expected value of the outcome, or instead risk-averse (or otherwise sensitive to risk). These questions are typically thought to be independent – that our answer to one bears little on our answer to the other. …