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Vasco Grilo

@vascoamaralgrilo

https://sites.google.com/view/vascogrilo?usp=sharing
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Comments

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Vasco Grilo

7 months ago

I'd be open to a bet or prediction market of some kind like "will Alex raise further funding from an EA funder" if that seems cruxy to you.

@Austin , what do you think about the following bet. If Alex is not funded by Charity Entrepeneurship (one can apply to their incubation program with one's own idea) nor GiveWell until 1 year from now (i.e. until the end of 1 May 2025) in the context of his drone project, you send me 100 $. Otherwise, I send you 900 $ (= (1 - 0.1)/0.1*100), as I think that is less than 10 % likely.

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Vasco Grilo

7 months ago

Thanks, @Austin.

I don't expect people like Alex to look at a complicated calculation that concludes "and therefore gene drives are 10x as effective as anti-mosquito drones" and think "okay, so I should drop what I'm doing and work on gene drives"

My Fermi estimate compared Alex's project with Against Malaria Foundation's (AMF's) bednests in DRC, not with gene drives. I am also not expecting Alex to drop the project, but I would appreciate it if @ScottAlexander / @acx-grants could explain their rationale for funding this project. Is the project being funded because it could realistically be funded by GiveWell in the future, i.e. because it could be at least 10 times as cost-effective as donating to people in extreme poverty via GiveDirectly?

Alex might just not believe the calculations -- for plausible reasons! He has a bunch more insight into what's good about drones than an outside observer.

Note my conclusion of AMF's bednets distribution in DRC being 15.3 times as cost-effective as anti-mosquito drones relied on Alex's own calculations. Are you suggesting Alex does not believe in his own calculations, or that my comparison is flawed in some way? I guess the latter, but then it would be nice if you could be more specific. I basically just relied on GiveWell's numbers, which are usually considered quite trustworthy. It is also the case that the real cost-effectiveness tends to be much lower than what is suggested by preliminary results produced by the people proposing the project. One has to control for a thinker's big idea (https://forum.effectivealtruism.org/posts/GW3cxBurTNKHs352S/controlling-for-a-thinker-s-big-idea). So, even if Alex's own calculations are uncertain, I think they will tend to overestimate the cost-effectiveness of the project.

I do think anti-mosquito drones have a realistic chance (eg >1%) of being sufficiently cost effective to be part of the fight against malaria

What do you think is the probability of GiveWell funding Alex's anti-mosquito drones this year? I guess it is around 1 %, and this seems to low to be worth funding. One could contribute to the seed funding of the charities incubated by Charity Entrepreneurship (https://www.givingwhatwecan.org/charities/charity-entrepreneurship-incubated-charities), and I am much more optimistic about their chances of becoming at least as cost-effective as GiveWell's interventions. Charity Entrepreneurship is quite aligned with maximising impact, and their founders go through a very selective process (e.g. I am pretty confident they would understand the concept of marginal cost-effectiveness).

His current set of skills sets him up really well for doing this particular project; founder-market fit is super important in making projects go well

I agree. However, I am thinking a project going well is a necessary rather than sufficient condition for funding it. If a project has the main goal of saving/improving lives, it (or a future iteration of it) still has to do it more cheaply than the best alternatives (like bednets). To illustrate, I am quite confident GiveDirectly makes unconditional cash transfers go well, but I think people wanting to save/improve lives as much as possible had better donate to GiveWell's funds, which fund projects at least 10 times as cost-effective as GiveDirectly.

I think you're underrating "because it sounds cool", I guess. To shore this up a bit more, sounding cool is an important factor in getting buzz, being able to raise further funding, get stakeholders to agree to participate, etc.

As above, I agree these considerations are relevant, but they are not enough. PlayPump sounded like a cool cost-effective way of supplying water to people in low income countries, and it attracted lots of funding on this basis, but it turned out to be way less cost-effective that the best alternatives (https://forum.effectivealtruism.org/topics/playpump). I believe greater scrutiny would have revealed this earlier.

I think the general approach of analyzing cost effectiveness just doesn't really make sense for projects at this stage, or is at best one of many different lens. Cost effectieness is a reasonable sanity check, maybe; other than that, I'd look to other signals like founder quality and project velocity

I think cost-effectiveness analyses make sense for early stage projects if they are easy to produce, and I suppose it was quite easy for Alex to get the estimate of 50 $/person/year in his 1st comment in this thread. In addition, I would say it would be worth it to spend more time coming up with a better estimate, as this would very much inform the requirements of the drone. It may be that the requirements for the drones to save lives as cost-effectively as GiveWell's interventions are very unrealistic (e.g. the cost per drone would have to be unreasonably low), which may prompt rethinking or dropping the project.

I agree other considerations besides cost-effectiveness are also relevant, but I feel like you are underweighting it because it seems quite quantifiable in the case of Alex's project (as Alex nicely illustrated). Elie Hassenfeld, who is the CEO of GiveWell (whose evaluations are considered the gold-standard in global health and development), said (https://podcast.clearerthinking.org/episode/096/elie-hassenfeld-why-it-s-so-hard-to-have-confidence-that-charities-are-doing-good/):

GiveWell cost- effectiveness estimates are not the only input into our decisions to fund malaria programs and deworming programs, there are some other factors, but they're certainly 80% plus of the case.

GiveWell said (https://forum.effectivealtruism.org/posts/CDt5ShpdABZRn8Tvi/my-quick-thoughts-on-donating-to-ea-funds-global-health-and?commentId=CXspdihsLLSepbyjC):

The numerical cost-effectiveness estimate in the spreadsheet is nearly always the most important factor in our recommendations, but not the only factor. That is, we don’t solely rely on our spreadsheet-based analysis of cost-effectiveness when making grants. 

I assume I am also less optimistic than you about Alex. I get the impression Alex may want to go ahead with the project even if he was certain it would be less cost-effective than GiveWell's interventions, and his project absorbed funding which would otherwise go to GiveWell's interventions, which I think would be bad. I am also not sure Alex understands the concept of marginal cost-effectiveness based on his 2nd comment in this thread.

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Vasco Grilo

7 months ago

@alextouss Sorry for being too negative. I was assuming the goal of this project was preventing malaria deaths more cost-effectively than the most competitive alternatives (like bednets), but I appreciate others may want to fund the project for other reasons (e.g. because it sounds cool).

Thanks for the the feedback, @Austin . If I was proposing a project, I would find it super helpful if someone pointed out to me there are way more cost-effective interventions. I want to contribute to a better world as much as possible, so I would want to know if the money which would support my project could go towards other interventions that would e.g. save more lives. If I was persuaded by the arguments, I would consider halting the project, returning the money to the donors, and then encourage them to donate to a more promising project.

I agree one should account for the value of information of projects. However, do you think anti-mosquito drones have a realistic chance of being more cost-effective than GiveWell's top charities? If not, there is not much relevant information to be gained? Or are you referring to the value of information which is not related to the cost-effectiveness of the intervention, like Alex getting a better picture of what he wants to do in the future? Are there more cost-effective ways of gaining such other information (for example, for e.g. career plans, checking e.g. 80,000 Hours' career guide (https://80000hours.org/career-guide/))?

I understand Manifund has the goal of supporting early stage projects, I agree it makes sense to support novel interventions, and I personally do not think the platform should be restricted to cost-effective projects. However, I think users should also be welcome to point out whether they think a given project is cost-effective or not.

As a side note, I also think GiveWell's top charities are a pretty low bar. I believe the best animal welfare interventions are 1 k times as cost-effective (https://forum.effectivealtruism.org/posts/vBcT7i7AkNJ6u9BcQ/prioritising-animal-welfare-over-global-health-and#Corporate_campaigns_for_chicken_welfare_increase_nearterm_wellbeing_way_more_cost_effectively_than_GiveWell_s_top_charities).

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Vasco Grilo

7 months ago

@acx-grants Could you explain your reasoning for donating 20 k$ to this project?

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Vasco Grilo

7 months ago

@alextouss To clarify, would you agree we should fund whatever is most cost-effective at the margin? If bednets save a life for 5 k$, and drones save a life for 76.5 k$ (= 5*10^3*15.3), then one should fund bednets until their marginal cost to save a life reaches 76.5 k$? GiveWell's current cost-effectiveness bar is 10 times that of unconditional cash transfers (https://www.givewell.org/how-we-work/criteria), which means GiveDirectly still looks 1.53 times (= 15.3/10) as cost-effective as your intervention. GiveDirectly's unconditional cash transfers are supe scalable, and I am pretty confident GiveWell has hundreds of millions of $ of room to fund interventions better than GiveDirectly. So one would need to direct hundreds of millions of $ to GiveWell before your project becomes competitive.

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Vasco Grilo

7 months ago

@alextouss Thanks for following up, Alex! Your figure of 50 $/person/year is around half of what I estimated, but it still implies that bednets are much better. People with bednets in DRC (the data I provided above was also for DRC) have a 56 % lower malaria mortality (https://docs.google.com/spreadsheets/d/18ROI6dRdKsNfXg5gIyBa1_7eYOjowfbw5n65zkrLnvc/edit#gid=1364064522&range=B93), so the effective cost for bednets would be 3.27 $/person/year (= 1/0.546/0.56). This means bednets would be 15.3 times (= 50/3.27) as cost-effective as drones even assuming these decrease malaria deaths by 100 % and have no development nor maintenance costs. You can argue your cost would decrease due to economies of scale, but there are also other factors which push it up. For example, I think malaria is more prevalent in rural areas, and rural areas in low income countries are much less dense than Paris.

I do not feel like your numbers are conservative as you say (feel free to link to sources supporting that). You say a drone can cover a square of side of side 2 m, but I assume the rotors do not cover an area of 4 m^2! So you cannot use your linear speed to 10 m/s to do the calculation. Also, 10 m/s (36 km/h) is pretty fast! Would people be happy with having thousands of drones flying at these speed in cities? Would it be safe? I assume drones would need to fly relatively close to people, because that is where the mosquitoes are? Maybe it would be better to just fly the drones in the sources of the mosquitoes (bodies of water, I think), but then gene drives just seem way more effective.

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Vasco Grilo

7 months ago

@vascoamaralgrilo From here (https://docs.google.com/spreadsheets/d/18ROI6dRdKsNfXg5gIyBa1_7eYOjowfbw5n65zkrLnvc/edit#gid=1364064522), bednets provide 0.546 effective person-years of coverage per $ (= 54.6*10^3/(100*10^3)). So a drone costing 200 $ would have to provide 109 person-years of effective coverage (= 200*0.546) to be competitive. In other words, even ignoring maintenance costs, it would have to protect a family of 5 as effectively as bednets for 21.8 years (= 109/5). This seems super optimistic, so I am confused why people are donating so much to your project.

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Vasco Grilo

7 months ago

Hi Alex,

Do you any thoughts on how much one would have to spend on drones per year to decrease malaria deaths by 1 %? My intuition is that using drones is way less cost-effective than gene-drives.