Finally, when young people who “want to help mankind” come to me asking, “What should I do? I want to reduce poverty, save the world,” and similar noble aspirations at the macro-level, my suggestion is: 1) Never engage in virtue signaling; 2) Never engage in rent-seeking; 3) You must start a business. Put yourself on the line, start a business.

The effective altruism movement is an attempt to formulate morality from the top-down, which is antithetical to how morals have emerged since the dawn of humanity.

Effective altruism involves billionaires creating various institutions to give away their money to charity in a manner they deem effective

Charity is good; there are aspects of the effective altruism movement that are good, but the mandate to maximize it at scale deserves to be questioned and investigated.