If your goal is to have impact on the world - and in particular if your goal is to maximize the amount of impact that you have on the world - that has pretty strong implications for what you end up doing. Among other things, if you really are trying to maximize your impact, then at what point do you start hitting decreasing marginal returns? Well, in terms of doing good, there’s no such thing: more good is more good. It’s not like you did some good, so good doesn’t matter anymore. But how about money? Are you able to donate so much that money doesn’t matter anymore? And the answer is, I don’t exactly know. But you’re thinking about the scale of the world there, right? At what point are you out of ways for the world to spend money to change?
-SBF
GN to The Most Generous Billionaire
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GN to The Most Generous Billionaire
- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
If your goal is to have impact on the world - and in particular if your goal is to maximize the amount of impact that you have on the world - that has pretty strong implications for what you end up doing. Among other things, if you really are trying to maximize your impact, then at what point do you start hitting decreasing marginal returns? Well, in terms of doing good, there’s no such thing: more good is more good. It’s not like you did some good, so good doesn’t matter anymore. But how about money? Are you able to donate so much that money doesn’t matter anymore? And the answer is, I don’t exactly know. But you’re thinking about the scale of the world there, right? At what point are you out of ways for the world to spend money to change?
-SBF