Beliefs about the end of humanity: How bad, likely, and important is human extinction?
Matthew Coleman (Northeastern University), Lucius Caviola (Global Priorities Institute, University of Oxford), Joshua Lewis (New York University) and Geoffrey Goodwin (University of Pennsylvania)
GPI Working Paper No. 1-2024
Human extinction would mean the end of humanity’s achievements, culture, and future potential. According to some ethical views, this would be a terrible outcome. But how do people think about human extinction? And how much do they prioritize preventing extinction over other societal issues? Across five empirical studies (N = 2,147; U.S. and China) we find that people consider extinction prevention a societal priority and deserving of greatly increased societal resources. However, despite estimating the likelihood of human extinction to be 5% this century (U.S. median), people believe that the chances would need to be around 30% for it to be the very highest priority. In line with this, people consider extinction prevention to be only one among several important societal issues. People’s judgments about the relative importance of extinction prevention appear relatively fixed and hard to change by reason-based interventions.
Other working papers
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This paper provides a critical review of the literature on choosing social discount rates (SDRs) for public cost-benefit analysis. We discuss two dominant approaches, the first based on market prices, and the second based on intertemporal ethics. While both methods have attractive features, neither is immune to criticism. …
Prediction: The long and the short of it – Antony Millner (University of California, Santa Barbara) and Daniel Heyen (ETH Zurich)
Commentators often lament forecasters’ inability to provide precise predictions of the long-run behaviour of complex economic and physical systems. Yet their concerns often conflate the presence of substantial long-run uncertainty with the need for long-run predictability; short-run predictions can partially substitute for long-run predictions if decision-makers can adjust their activities over time. …
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