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> Although longtermists think we should focus more on the future, there are plenty of “neartermists” who tend to think we should focus more resources on current
by unbalancedevh 5y ago
> Although longtermists think we should focus more on the future, there are plenty of “neartermists” who tend to think we should focus more resources on current problems like global poverty, health, and well-being.
I guess I'm a neartermist. Yes, savings can benefit from compounding growth for a big payout later. But costs also grow -- as can the effect of problems that exist today. Spending money today might accelerate the discovery of a solution earlier, instead of waiting for a later investment. And there are plenty of people who need help today. For many it's a luxury to be able to save for the future.