The scope of longtermism
David Thorstad (Global Priorities Institute, University of Oxford)
GPI Working Paper No. 6-2021
Longtermism holds roughly that in many decision situations, the best thing we can do is what is best for the long-term future. The scope question for longtermism asks: how large is the class of decision situations for which longtermism holds? Although longtermism was initially developed to describe the situation of cause-neutral philanthropic decisionmaking, it is increasingly suggested that longtermism holds in many or most decision problems that humans face. By contrast, I suggest that the scope of longtermism may be more restricted than commonly supposed. After specifying my target, swamping axiological strong longtermism (swamping ASL), I give two arguments for the rarity thesis that the options needed to vindicate swamping ASL in a given decision problem are rare. I use the rarity thesis to pose two challenges to the scope of longtermism: the area challenge that swamping ASL often fails when we restrict our attention to specific cause areas, and the challenge from option unawareness that swamping ASL may fail when decision problems are modified to incorporate agents’ limited awareness of the options available to them.
Other working papers
Critical-set views, biographical identity, and the long term – Elliott Thornley (Global Priorities Institute, University of Oxford)
Critical-set views avoid the Repugnant Conclusion by subtracting some constant from the welfare score of each life in a population. These views are thus sensitive to facts about biographical identity: identity between lives. In this paper, I argue that questions of biographical identity give us reason to reject critical-set views and embrace the total view. I end with a practical implication. If we shift our credences towards the total view, we should also shift our efforts towards ensuring that humanity survives for the long term.
Choosing the future: Markets, ethics and rapprochement in social discounting – Antony Millner (University of California, Santa Barbara) and Geoffrey Heal (Columbia University)
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. …