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Effective Altruism:
Global Leadership for High Impact
EXCERPT: IMPACT OF A MANAGEMENT CLASS OF 62 STUDENTS
By Akilnathan Logeswaran 2015 | CEMS International Management Student | WU Wien | IIM Calcutta
Survey: How much do you expect your
Annual Starting Salary (incl. bonus) to be?
[in Euros]
Timestamp
Annaul Starting
Salary
6/24/2015 19:00:20 65000
6/24/2015 19:09:18 32000
6/24/2015 19:09:24 28000
6/24/2015 19:09:44 45000
6/24/2015 19:09:53 33000
6/24/2015 19:10:30 35000
6/24/2015 19:14:46 65000
6/24/2015 19:15:27 2000
6/24/2015 19:20:56 70000
6/24/2015 19:34:37 49000
Timestamp
Annaul Starting
Salary
6/24/2015 19:35:02 42500
6/24/2015 19:55:33 24000
6/24/2015 20:51:41 60000
6/24/2015 21:00:18 22000
6/24/2015 21:17:30 confidental
6/24/2015 21:24:43 15000
6/24/2015 21:26:19 55000
6/24/2015 21:38:39 48000
6/24/2015 21:48:03 65000
6/24/2015 22:17:24 10000
Timestamp
Annaul
Starting
Salary
6/24/2015 22:45:23 55000
6/24/2015 22:58:12 32000
6/24/2015 22:59:16 45000
Calculations
Average 42,642.85
Total
(62 students)
2,643,857.14
5% donations
would
amount to
132,192.86
Calculations excluded time stamp 6/24/2015 19:15:27 & 6/24/2015 21:17:30.
2,643,857€Total that the entire class of 62 management students is expected to earn in 2016
What effect could
our class have in
just one year?!
Calculating Potential Impact of the CEMS
Class of 2015 (62 Students)
Total Salary
*
5% Donation
Selecting
Weights
Selecting
Organization
Effectiveness
Potential Impact
created by Class
2,643,857.14 * 5%
=
132,192.86 €
33.33%
0.35€ for treatment to
deworm a child
125,885 people
dewormed
33.33%
31.34€ provides a
child with school meal
program for one year
1,405 children
provided school meals
for an entire year
33.33%
44.64€ funds a
cataract surgery for
one person
987 people
cured from blindness
Effectiveness evaluted by GiveWell, The Life You Can Save & Giving What We Can.
If we gave just 5%
of our salary to
effective NGOs…
125,885people dewormed
+
1,405children provided with school meals for the full year
+
987people cured from blindness
Effective Altruism:
Are you an Altruist?
 TEST:
Would you push a button that gave you 10 euros
AND inflict a horrible disease on a child?
 Would you push the button?
 Omission Bias:
What if you already have the 10 euros, would you give them away
in order to prevent a horrible disease in a child?
 Currently there are:
 2.5 billion people are living in extreme poverty (less than $ 2/day)
 1 bilion people that lack access to clean water
 800 people go to bed hungry every day
 6 milion children die from preventable diseases every year
… all while we live in the richest society that has ever been created.
Charity Evaluation:
Top International Evaluating Organizations
(Effective Altruism Supporters)
 Give well helps donors decide
where to give
 Charities Evaluated: 8 top charities,
>800 International
 Members to evaluate: 18 full-time
staff and 8 Conversation Notes
Writers
 Impact: $27.8 million moved to
effective charities in 2014
 Finance:
http://www.givewell.org/about/FAQ
#HowdoesGiveWellsupportitself
 The Life You Can Save
enhances and supports the
Effective Altruism
movement
 Charities Evaluated:
List of 15 top charities
 Members to evaluate: 10
team members
 Impact: $718,790 moved to
effective charities in 2014
 Finance:
http://www.thelifeyoucansav
e.org/About-Us/Impact-
Report
 Giving What We Can dedicated
to eliminating extreme poverty
 Charities Evaluated:
no primary research, list of top 4
 Members to evaluate: 10 team
members, volunteer work
 Impact: For every $1 spend, up
to $60 donated to effective
charity
 Finance:
https://www.givingwhatwecan.or
g/about-us/our-finances
 ACE dedicated to find &
advocate for highly effective
opportunities for improving the
lives of animals
 Charities Evaluated: top 3,
>150 international
 Members to evaluate: 8 team
members, remote volunteers
 Impact: $141,000 moved to
most effective charities in 2014
 Finance:
http://www.animalcharityevalua
tors.org/about/transparency/bu
dget/
Remember
128,277+lifes we could change in just one year
Short Introduction:
Effective Altruism on TED
Beth Barnes (6 min) Peter Singer (17 min)
17,876+people already pledged to donate X% of the income
Pledge
Today!
17,876+people already pledged to donate X% of the income
Sources (1/3)
TED Talks:
 Peter Singer: The why and how of effective altruism (17 min),
https://www.youtube.com/watch?v=Diuv3XZQXyc
 Effective Altruism | Beth Barnes (6 min), https://www.youtube.com/watch?v=LtWINl3C_7s
 Choosing for effective altruism | Helen Toner (10 min),
https://www.youtube.com/watch?v=zRmkk2PmNcY
Other videos available on YouTube:
 Effective Altruism: Impact through Rationality - by Lucius Caviola and Adriano Mannino (58
min), https://youtu.be/O02-06mdkC4
 Adriano Mannino: Effective altruism for all sentient beings (91 min),
https://www.youtube.com/watch?v=rFPqBJewI60
 Peter Singer: "Doing the Most Good: The Effective Altruism Movement“ (57 min),
https://www.youtube.com/watch?v=JDiR6L9yuKM
Sources (2/3)
Books on Effective Altruism:
 Carey, R. (2015), The Effective Altruism Handbook
 Singer, P. (2015), The Most Good You Can Do: How Effective Altruism is Changing Ideas about Living Ethically
 Singer, P. (2010), The Life You Can Save: How to Do Your Part to End World Poverty
 MacAskill, W. (2015), Doing Good Better: Effective Altruism and How You Can Make a Difference
Cousera Course by Princeton University: https://www.coursera.org/learn/altruism/
Organizations that evaluate causes and charities:
 GiveWell, http://www.givewell.org/
 The Life You Can Save, http://www.thelifeyoucansave.org/
 Giving What We Can, https://www.givingwhatwecan.org/
 Animal Charity Evaluators, http://www.animalcharityevaluators.org/
Sources (3/3)
Short articles on effective altruism:
The Drowning Child and the Expanding Circle by Peter Singer
What is Effective Altruism? by William MacAskill
Cheerfully by Julia Wise
Other introductory articles on effective altruism can be found on effective-altruism.org.
Other useful effective altruism websites:
Effective Altruism, a network of individuals committed to effective altruism
80,000 Hours, a non-profit organization dedicated to enabling people to do the most
good with their careers.

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Effective Altruism: Global Leadership for High Impact

  • 1. Effective Altruism: Global Leadership for High Impact EXCERPT: IMPACT OF A MANAGEMENT CLASS OF 62 STUDENTS By Akilnathan Logeswaran 2015 | CEMS International Management Student | WU Wien | IIM Calcutta
  • 2. Survey: How much do you expect your Annual Starting Salary (incl. bonus) to be? [in Euros] Timestamp Annaul Starting Salary 6/24/2015 19:00:20 65000 6/24/2015 19:09:18 32000 6/24/2015 19:09:24 28000 6/24/2015 19:09:44 45000 6/24/2015 19:09:53 33000 6/24/2015 19:10:30 35000 6/24/2015 19:14:46 65000 6/24/2015 19:15:27 2000 6/24/2015 19:20:56 70000 6/24/2015 19:34:37 49000 Timestamp Annaul Starting Salary 6/24/2015 19:35:02 42500 6/24/2015 19:55:33 24000 6/24/2015 20:51:41 60000 6/24/2015 21:00:18 22000 6/24/2015 21:17:30 confidental 6/24/2015 21:24:43 15000 6/24/2015 21:26:19 55000 6/24/2015 21:38:39 48000 6/24/2015 21:48:03 65000 6/24/2015 22:17:24 10000 Timestamp Annaul Starting Salary 6/24/2015 22:45:23 55000 6/24/2015 22:58:12 32000 6/24/2015 22:59:16 45000 Calculations Average 42,642.85 Total (62 students) 2,643,857.14 5% donations would amount to 132,192.86 Calculations excluded time stamp 6/24/2015 19:15:27 & 6/24/2015 21:17:30.
  • 3. 2,643,857€Total that the entire class of 62 management students is expected to earn in 2016
  • 4. What effect could our class have in just one year?!
  • 5. Calculating Potential Impact of the CEMS Class of 2015 (62 Students) Total Salary * 5% Donation Selecting Weights Selecting Organization Effectiveness Potential Impact created by Class 2,643,857.14 * 5% = 132,192.86 € 33.33% 0.35€ for treatment to deworm a child 125,885 people dewormed 33.33% 31.34€ provides a child with school meal program for one year 1,405 children provided school meals for an entire year 33.33% 44.64€ funds a cataract surgery for one person 987 people cured from blindness Effectiveness evaluted by GiveWell, The Life You Can Save & Giving What We Can.
  • 6. If we gave just 5% of our salary to effective NGOs…
  • 8. +
  • 9. 1,405children provided with school meals for the full year
  • 10. +
  • 11. 987people cured from blindness
  • 12. Effective Altruism: Are you an Altruist?  TEST: Would you push a button that gave you 10 euros AND inflict a horrible disease on a child?  Would you push the button?  Omission Bias: What if you already have the 10 euros, would you give them away in order to prevent a horrible disease in a child?  Currently there are:  2.5 billion people are living in extreme poverty (less than $ 2/day)  1 bilion people that lack access to clean water  800 people go to bed hungry every day  6 milion children die from preventable diseases every year … all while we live in the richest society that has ever been created.
  • 13. Charity Evaluation: Top International Evaluating Organizations (Effective Altruism Supporters)  Give well helps donors decide where to give  Charities Evaluated: 8 top charities, >800 International  Members to evaluate: 18 full-time staff and 8 Conversation Notes Writers  Impact: $27.8 million moved to effective charities in 2014  Finance: http://www.givewell.org/about/FAQ #HowdoesGiveWellsupportitself  The Life You Can Save enhances and supports the Effective Altruism movement  Charities Evaluated: List of 15 top charities  Members to evaluate: 10 team members  Impact: $718,790 moved to effective charities in 2014  Finance: http://www.thelifeyoucansav e.org/About-Us/Impact- Report  Giving What We Can dedicated to eliminating extreme poverty  Charities Evaluated: no primary research, list of top 4  Members to evaluate: 10 team members, volunteer work  Impact: For every $1 spend, up to $60 donated to effective charity  Finance: https://www.givingwhatwecan.or g/about-us/our-finances  ACE dedicated to find & advocate for highly effective opportunities for improving the lives of animals  Charities Evaluated: top 3, >150 international  Members to evaluate: 8 team members, remote volunteers  Impact: $141,000 moved to most effective charities in 2014  Finance: http://www.animalcharityevalua tors.org/about/transparency/bu dget/
  • 14. Remember 128,277+lifes we could change in just one year
  • 15. Short Introduction: Effective Altruism on TED Beth Barnes (6 min) Peter Singer (17 min)
  • 16. 17,876+people already pledged to donate X% of the income
  • 18. 17,876+people already pledged to donate X% of the income
  • 19. Sources (1/3) TED Talks:  Peter Singer: The why and how of effective altruism (17 min), https://www.youtube.com/watch?v=Diuv3XZQXyc  Effective Altruism | Beth Barnes (6 min), https://www.youtube.com/watch?v=LtWINl3C_7s  Choosing for effective altruism | Helen Toner (10 min), https://www.youtube.com/watch?v=zRmkk2PmNcY Other videos available on YouTube:  Effective Altruism: Impact through Rationality - by Lucius Caviola and Adriano Mannino (58 min), https://youtu.be/O02-06mdkC4  Adriano Mannino: Effective altruism for all sentient beings (91 min), https://www.youtube.com/watch?v=rFPqBJewI60  Peter Singer: "Doing the Most Good: The Effective Altruism Movement“ (57 min), https://www.youtube.com/watch?v=JDiR6L9yuKM
  • 20. Sources (2/3) Books on Effective Altruism:  Carey, R. (2015), The Effective Altruism Handbook  Singer, P. (2015), The Most Good You Can Do: How Effective Altruism is Changing Ideas about Living Ethically  Singer, P. (2010), The Life You Can Save: How to Do Your Part to End World Poverty  MacAskill, W. (2015), Doing Good Better: Effective Altruism and How You Can Make a Difference Cousera Course by Princeton University: https://www.coursera.org/learn/altruism/ Organizations that evaluate causes and charities:  GiveWell, http://www.givewell.org/  The Life You Can Save, http://www.thelifeyoucansave.org/  Giving What We Can, https://www.givingwhatwecan.org/  Animal Charity Evaluators, http://www.animalcharityevaluators.org/
  • 21. Sources (3/3) Short articles on effective altruism: The Drowning Child and the Expanding Circle by Peter Singer What is Effective Altruism? by William MacAskill Cheerfully by Julia Wise Other introductory articles on effective altruism can be found on effective-altruism.org. Other useful effective altruism websites: Effective Altruism, a network of individuals committed to effective altruism 80,000 Hours, a non-profit organization dedicated to enabling people to do the most good with their careers.

Editor's Notes

  1. Euros earned in just one year by 62 students
  2. Euros earned in just one year by 62 students
  3. People dewormed sustainablly.
  4. People dewormed sustainablly.
  5. People dewormed sustainablly.
  6. School meals provided to 1,405 children for an entire year!
  7. People dewormed sustainablly.
  8. People cured from blindness
  9. Lifes changed in total //
  10. Lifes changed in total //
  11. Lifes changed in total //
  12. Lifes changed in total //