GLOBAL PRIORITIES INSTITUTE

Foundational academic research on how to do the most good.

UNIVERSITY OF OXFORD

The Global Priorities Institute is an interdisciplinary research centre at the University of Oxford.

Our aim is to conduct foundational research that informs the decision-making of individuals and institutions seeking to do as much good as possible. We use the tools of multiple academic disciplines, especially philosophy, economics and psychology, to explore the issues at stake.

We prioritise projects whose contributions are unlikely to be otherwise made by the normal run of academic research, and that speak directly to the most crucial considerations such an actor must confront.

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’…

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Economic growth under transformative AI – Philip Trammell (Global Priorities Institute, Oxford University) and Anton Korinek (University of Virginia)

Industrialized countries have long seen relatively stable growth in output per capita and a stable labor share. AI may be transformative, in the sense that it may break one or both of these stylized facts. This review outlines the ways this may happen by placing several strands of the literature on AI and growth within a common framework. We first evaluate models in which AI increases output production, for example via increases in capital’s substitutability for labor…

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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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