
80,000 Hours Podcast #11 - Spencer Greenberg on speeding up social science 10-fold & why plenty of startups cause harm
17 snips
Oct 17, 2017 AI Snips
Chapters
Transcript
Episode notes
Demand Doesn't Always Signal Social Value
- Customer purchases don't guarantee net social good because of imperfect information and post-experience goods.
- Many harmful markets persist because buyers can't easily assess product impact.
Four Ways Companies Can Cause Harm
- Companies harm by exploiting imperfect info, human irrationality, zero-sum transfers, or externalities.
- Regulation should reduce profitable pathways that allow firms to hurt others while earning money.
Consider Human Time As A Cost
- Remember time is consumable: firms that employ many on low-value tasks can waste societal time.
- Evaluate startups by the quality of human time they consume, not just money flows.
