alt Hacker NewsThe Giving Pledge still exists, but like most philanthropy it has always been more about PR and reputation washing rather than real public good.
The majority of people who have died since making the pledge did not meet the terms they agreed to and the vast majority of people still alive who made the pledge are on track to fail to meet the terms as their wealth is growing significantly faster than their charitable donations.
This is not to say everyone who has made the Giving Pledge is bad, there are some people on the list who have legitimately done a lot of good, but being on the list has overall been a meaningless indicator of actual outcomes.
>more about PR and reputation washing rather than real public good.
there is a parable i cant quite remember, but something along the lines of "the starving kid does not care where the food comes from".
that doesn't quite capture it... but in this context: the people receiving the money/help do not care if they got it because of "reputation washing" or "real public good". they get the help in both scenarios, and that's what matters.
as long as the money is going to actual, real charities/non-profits/good causes... who cares whether the billionaire did it because they are truly generous or because they thought "this will look good in the news"?