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The Reluctant Prophet of Effective Altruism
In Sam’s mind, his money wasn’t crypto money. It was effective altruist money that he happened to have obtained through crypto. Along with his brother, Sam had looked at the world and decided that two EA-related causes made more sense to address with his money than any of the others. And that a lot of the money needed to be sneaky. Their first, les
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
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.
Erik Hoel • EconTalk on Apple Podcasts
In 2018, trading $40 million in capital, Alameda Research had generated $30 million in profits. Their effective altruist investors took half, leaving behind $15 million. Five million of that was lost to payroll and severance for the departing crowd; another $5 million was lost to expenses. On the remaining $5 million they’d paid taxes, and so, afte
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