Effective Altruism Movement Advocates for Smarter Charitable Giving in the U.S.
The effective altruism movement, represented by the UK organization Giving What We Can, is advocating for more strategic charitable donations in the U.S. A letter signed by notable figures, including an Olympic athlete and a Nobel Prize-winning economist, urges donors to leverage evidence to maximize the impact of their contributions. The movement suggests that redirecting just 1% of U.S. public giving to the most effective charities could save over 100,000 lives annually. Despite its potential, the movement faces criticism, particularly following the FTX scandal involving Sam Bankman-Fried, a prominent supporter. Critics argue that the focus on measurable outcomes may overlook important but less quantifiable charitable efforts.