Creating a company that gives people jobs and provides customers with a positive NPV service or product also makes the world a better place. A successful company can tremendous value to the world, even if it only provides a fraction of that for the owner to give to charity.
I suspect it's probably a wash. Donating to a Givewell charity has less risk certainly, but a successful startup on the order of Facebook will change the world by multiple orders of magnitude more. The expected value is probably similar.
People overestimate the positive impact of technology. Of course in Silicon Valley you're considered crazy if you don't believe technology solves everything. But it's not as simple as that. My grandparents for example, had no internet, no Facebook, no iPhones. They're doing great and have led very fulfilling lives. Most of the positivity in their lives came from their relationship with each other and their kids. Of course they are only one example, and that is not a lot of data. But we know that there are millions of people in Silicon Valley right now who have the fastest internet, the most amazing social media apps, they are young and can take advantage of all the modern technology in existence, and yet they might feel isolated and be totally depressed in their lives.
>People overestimate the positive impact of technology. Of course in Silicon Valley you're considered crazy if you don't believe technology solves everything. But it's not as simple as that. My grandparents for example, had no internet, no Facebook, no iPhones. They're doing great and have led very fulfilling lives. Most of the positivity in their lives came from their relationship with each other and their kids. Of course they are only one example, and that is not a lot of data. But we know that there are millions of people in Silicon Valley right now who have the fastest internet, the most amazing social media apps, they are young and can take advantage of all the modern technology in existence, and yet they might feel isolated and be totally depressed in their lives.
I mean, technology is probably not going to make rich people's lives better at this point unless it removes some substantial annoyance. I suspect that like money, there's diminishing returns after a certain point.
But, for someone who has never had internet before, to get connected (one of Mark's three stated goals in the video) is life changing.
It comes down to definitions. What is "positive impact" to you? To me, it means "increasing the total amount of human understanding", not "making everybod happy and Amish".
I'd like to barge in and call false dichotomy on this. Despite the excellent citation, I don't think it's correct. I believe technology should let people enjoy more of their lives, not replace it. Understanding is essential to this, but it becomes cheaper as your technology improves, so you're not sacrificing happiness at a fixed rate. We've already gone from industrial steam engines to tiny glass wonder-phones in a couple hundred years, what if technology continues to become less intrusive? Maybe we'll all be look amish yet be omnipotent.
You can read about humans, to understand humans you have to form relationships with them and experience them yourself. An analogy would be reading K&R compared to bashing against GCC.
Trouble with giving to charities is it's not very personal. Ok you may increase the world's anti malaria budget from $1.5bn to $1.50001bn but you can't turn around and say look at this cool thing I built.
Building a cool thing and changing the world are two very different things. Some individuals sincerely believe that working on any startup is intrinsically altruistic and 'changes the world' - Silicon Valley (the TV show) lampoons this and correctly so. You are not "making the world a better place through minimal message-oriented transport layers"
Although the things that have changed the world have generally been cool. Tech like the electric motor, jet aviation, the printing press. Also intellectual works like those of Keynes or Marx. Less so with charitable donations. Personally I'm thinking of trying stuff and figure I've got more of a chance of making a difference by innovating rather than donating a bit.