What should you do with a very large amount of money?

A philanthropist who will remain anonymous recently asked Nick Beckstead, a trustee of 80,000 Hours, what he would do with a very large amount of money.

Nick, with support from Carl Shulman (a research advisor to 80,000 Hours), wrote a detailed answer: A long-run perspective on strategic cause selection and philanthropy.

If you’re looking to spend or influence large budgets with the aim of improving the world (or happen to be extremely wealthy!) we recommend taking a look. It also contains brief arguments in favor of five causes.

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How Important are Future Generations?

At 80,000 Hours, we think it’s really important to find the causes in which you can make the most difference. One important consideration in evaluating causes is how much we should care about their impact on future generations. Important new research by a trustee of CEA (our parent charity) Nick Beckstead, argues that the impact on the long-term direction of future civilization is likely to be the most important consideration in working out the importance of a cause.

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