Earlier quoted context omitted.
Not having perfect information is not an excuse to ignore the information you have. I don't know exactly how different the world would be if he donated $250,000 to, say, combating malaria instead of building a better Batmobile. But I would give at least 10:1 odds (if such a bet could be judged) that it would have more people alive in 20 years, for example. But saving many lives thousands of miles away doesn't feel as…
But I would give at least 10:1 odds (if such a bet could be judged) that it would have more people alive in 20 years, for example. There are 2 problems with this statement: (1) many people sick with cancer or malaria are going to die anyway and bringing a little happiness into their lives is worth the trouble, even if those people won't count towards your "alive" statistics. "Making the world a better place" is not n…
(Remember, he already has a Batmobile. In the "malaria" world I'm assuming he keeps using it.)
2) Research isn't the only thing money can buy. I was thinking mosquito nets. And again, that's probably not optimal.