BW

Brad West🔸

Founder & CEO @ Profit for Good Initiative
1993 karmaJoined Roselle, IL, USAProfit4good.org/

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Looking to advance businesses with charities in the vast majority shareholder position. Check out my TEDx talk for why I believe Profit for Good businesses could be a profound force for good in the world.

 

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I don't know to what extent Moskowitz could have influenced Zuckerberg, but I am somewhat intrigued by the potential power of negative emotion that you bring up.

Ironically, one of the emotions that reflection on effective altruism has brought me is rather intense anger. The vast majority of people in developed countries have the ability to use their resources to save lives, significantly mitigate the mass torture of animals, or otherwise make the world a much better place with the power they have. Yet, even when confronted squarely with this opportunity, most do not do it. 

I think about other mass injustices and movements that have sought to address them and I think we remember that there was a place for righteous fury- I think of, for instance of women's suffrage or the civil rights movement. But yet, the attitude regarding EAs is often conciliatory, milquetoast, professorial... almost embarrassed to be holding beliefs in which the judgment of most humans is only a close corollary away.

I realize that in one-on-one interactions, a condemnatory approach is unlikely to gain us allies. But I wonder if a powerful engine for fighting global poverty, animal torture, and the continued existence of conscious life might be the activation of the emotion that such matters merit.

I don't know to what extent that this can be addressed by the EA Forum team at all, but I have been pretty disappointed by the lack of new, interesting ideas about how to better the world. It does not seem that there is really much incentive to share such ideas on the forum, because most people will only look at articles on subject matters that they are already familiar or on meta-level conversations regarding community or norms or expectations around being in the EA world. I find myself pretty frequently logging in to the EA forum hoping to find new, interesting ideas for changing the world, but just finding a bunch of banal or naval-gazing content. I think EA, and resultantly, the world, would benefit from being a more vibrant, open-minded, and creative space, but I'm not sure what would help us move in this direction.

Yes Thisj Jacobs mentioned below, but thanks for bringing to my attention.

Thank you for sharing this. I was not aware of this Profit for Good casino.

Re #1 - the customers in OPs contemplation would have already committed the funds to be donated and prospective wins would inure to the benefit of charities. So it isn't clear to me that the same typical harm applies (if you buy the premise that gamblers are net harmed by gambling). There wouldn't be the circumstance where the gambler feels they need to win it back - because they've already lost the money when they committed it to the DAF.

Re #2 - this could produce a good experience for customers - donating money to charities while playing games. And with how OP set it up, they know what they are losing (unlike with a typical casino there's that hope of winning it big).

Re #3 - for the reasons discussed above, the predatory and deceptive implications are less significant here. Unlike when someone takes money to a slot machine in a typical casino, when they put the money in the DAF they no longer have a chance of "getting it back"

Re #4 - yeah there might be some bad pr. But if people liked this and substituted it for normal gambling, it probably would be less morally problematic for the reasons discussed above.

Re #5 - I'm not really sure that this business is as morally corrosive as you suggest... It's potentially disadvantaging the gambler's preferred charity to the casino's, but not by much, and not without the gambler's knowledge.

Re #6 - the gamblers could choose the charities that are the beneficiaries of their DAF. And I don't know that enjoying gambling means that you wouldn't like to see kids saved from malaria and such.

I think your criticisms would better apply to a straight Profit for Good casino (normal casino with charities as shareholder). The concerns you bring up are some reasons I think a PFG casino, though an interesting idea, would not be a place I'd be looking to do as an early, strategic PFG (also big capital requirements).

OP's proposal is much more wholesome and actually addresses a lot more of the ethical concerns. I just think people may not be interested in gambling as much if there was not the prospect of winning money for themselves.

I think the same amount of healthy and problem gambling would take place in aggregate regardless of whether there was a PFG casino among a set of casinos. But maybe some people would choose to migrate that activity toward the PFG casino, so that more good could happen (they're offering the same odds as competitors).

It comes down to whether you're OK with getting involved in something icky if the net harm you cause to gamblers is zero and you can produce significant good in doing so. For me, this doesn't really pose a problem.

Thanks for your proposal. I have actually thought a Profit for Good casino would be a good idea (high capital requirements, but I think it could provide a  competitive edge in the Vegas strip, for instance). I find your take on it pretty interesting

I think a casino that did not limit the funds that could be gambled to charitable accounts of some sort would have a much larger market than one that did. There is a lot of friction in requiring the set up of charitable accounts even for people who were interested in charitable giving and enjoyed gambling. I also think that you are going into a narrower subset of prospective clients that have these overlapping qualities. In the meantime, there are millions of people who consistently demonstrate demand for gambling at casinos.
 

I think a lot of people would feel fine about playing at the casino and winning, because they know that there are winners and losers in casinos, but the house (in the end) always wins. Winners and losers would both be participating in a process that would be helping dramatically better the world. 

Could you explain the legal advantage of your proposal vis-a-vis a normal casino either owned by a charitable foundation or being a nonprofit itself (Humanitix, for instance is a ticketing company that is structured as a nonprofit itself)? Is it that people's chips would essentially be tax-deductible (because contributing to their DAF is tax-deductible)? 

Another idea would just be a normal casino that was owned by a charitable foundation or trust -a "Profit for Good" casino. People could get the exact same value proposition they get from other normal casinos, but by patronizing the Profit for Good Casino, they (in expectation)would be helping save lives or otherwise better the world.

You could have a great night in which you win hundreds or thousands of dollars, but even if you lose, they know that your losses are helping to dramatically better the world. 

I think this is an excellent idea.

 

 Orgs or "proto-orgs" in their early stages are often in a catch-22. They don't have the time or expertise (because they don't have full time staff) to develop a strong grantwriting or other fundraising operations, which could be enabled by startup funds. An org that was familiar with the funding landscape, could familiarize itself with new orgs, and help it secure startup funds could help resolve the catch-22 that orgs find themselves at step 0.

Worth noting that if there are like 10,000 EAs today in the world with a population of 8,000,000,000, the percentage of EAs globally is 0.000125 percent.

If we keep the same proportion and apply that to the world population in 1776, there would be about 1,000 EAs globally and about 3 EAs in the United States. If they were overrepresented in the United States by a factor of ten, there would be about 30.

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