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The Effect of Altruism on Political Will
I think just throwing money at the problem in the short term, sometimes it doesn't do harm. But I think actually more often it undermines political will. If countries are to avoid these risks, they have to have a decent political structure and they have to be willing to take the right steps. So sounds like the effect of altruism you're reacting to is the part of the movement focused on global health. There's another part that's focused on existential risk, like trying to reduce the probability of human extinction or civilization collapse. And I'm quite far from Kahneman, and I think the research has created a lot of confusion, and it hasn't helped at all.