Jan 13, 2008
Lifeboat Foundation SAB member asks “Is saving humanity is worth the cost?”
Posted by Matt McGuirl in categories: defense, futurism, geopolitics, lifeboat
In his most recent paper “Reducing the Risk of Human Extinction,” SAB member Jason G. Matheny approached the topic of human extinction from what is unfortunately a somewhat unusual angle. Jason examined the cost effectiveness of preventing humanity’s extinction due to a catastrophic asteroid impact.
Even with some rather pessimistic assumptions, his calculations showed a pretty convincing return on investment. For only about US$ 2.50 per life year saved, Matheny predicts that we could mitigate the risk of humanity being killed off by a large asteroid. Maybe it’s just me, but it sounds pretty compelling.
Matheny also made a very good point that we all should ponder when we consider how our charitable giving and taxes gets spent. “We take extraordinary measures to protect some endangered species from extinction. It might be reasonable to take extraordinary measures to protect humanity from the same.”
For more coverage on this important paper please see the October 2007 issue of Risk Analysis and a recent edition of Nature News.