newsfilter.io
Webinar

Our top 3 lessons on how not to waste your career on things that don’t change the world

  • Evidence of Counterproductive Interventions

    • The "Scared Straight" government program, despite receiving billions in funding and winning awards, increased recidivism rates among participating youth.
    • Three meta-analyses confirmed the program's negative impact; one study estimated that every $1 spent generated $200 in societal harm.
    • While participants showed reduced crime rates compared to their own past, non-participant controls improved at even higher rates, making the program net-negative.
    • David Anderson notes that 75% or more of rigorously evaluated social programs yield small, no, or negative effects.
  • Framework for Evaluating Social Problems

    • 80,000 Hours, in collaboration with Oxford academics, developed a three-question framework to assess the potential impact of career choices: Scale, Neglect, and Solvability.
  • Dimension 1: Scale

    • The BBC's campaign to reduce energy use from mobile phone chargers was dismissed by physicist David Mackay as ineffective, saving only 0.01% of Britain's personal energy use.
    • Mackay compared the charger initiative to bailing out the Titanic with a tea strainer.
    • By contrast, improving home insulation cuts personal energy use by approximately 10%, making it 1,000 times more impactful in scale.
    • To assess scale, one must estimate the number of people helped, the magnitude of benefit per person, and the long-term consequences of solving the issue.
  • Dimension 2: Neglect

    • Popular issues like climate change are often less high-impact due to economic diminishing returns, where high competition reduces individual marginal impact.
    • Global pandemics present a risk comparable to climate change but receive under 10% of the funding and attention, making them potentially higher-impact due to neglect.
    • High-impact opportunities often exist where problems unfairly overlook groups like the world's poorest people or address low-probability events.
  • Dimension 3: Solvability

    • Interventions should prioritize approaches with rigorous evidence, such as malaria nets proven to prevent disease.
    • High-impact strategies may also include testing promising new approaches or high-variance actions with small success probabilities but massive potential payoffs (e.g., specific political campaigns or fundamental research).
    • Lack of evidence-backed solutions should be a primary filter for discarding potential problems.
  • Implementation and Personal Fit

    • Problems should be evaluated on a graph where no single option scores perfectly on all three dimensions; the optimal choice maximizes the overall score.
    • Personal fit is a critical variable; engaging in work that is boring or where one lacks aptitude reduces the likelihood of success regardless of the problem's scale, neglect, or solvability.
    • The transcript teases further analysis on specific high-impact areas, including ending diarrhea, artificial intelligence, and career-specific actions.