I believe that a small piece of rationalist community doctrine is incorrect, and I'd like your help correcting it (or me). Arguing the point by intuition has largely failed, so here I make the case by leaning heavily on the authority of conventional economic wisdom.
The question:
How does an industry's total output respond to decreases in a consumer's purchases; does it shrink by a similar amount, a lesser amount, or not at all?
(Short-run) Answers from the rationalist community:
The consensus answer in the few cases I've seen cited in the broader LW community appears to be that production is reduced by an amount that's smaller than the original decrease in consumption.
Animal Charity Evaluators (ACE):
Fewer people in
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[I have only read Elizabeth’s comment that I’m responding to here (so far); apologies if it would have been less confusing for me to read the entire thread before responding.]
I have always capitalized both EA and Rationality, and have never thought about it before. The first justification for capitalizing R that comes to mind is all the intentionality/intelligence that I perceive was invested into the proto-“AI Safety” community under EY’s (and others’) leadership. Isn’t it fair to describe the “Rationalist/Rationality” community as the branch of AI Safety/X-risk that is downstream of MIRI, LW, the Sequences, 🪄HPMOR, etc?