2:00PM Water Cooler 3/15/2023 | naked capitalism
Today's Water Cooler
Source: nakedcapitalism.com
Stay updated with breaking news from Nick Beckstead. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Profound philosophical errors enabled the FTX collapse.
Tech billionaires seem intent on giving away a lot of money. But are those who support ‘longtermism’ and ‘effective altruism’ ignoring the very real problems of today?
The fall of Sam Bankman-Fried helps us see the movement’s vices, but that shouldn’t blind us to its virtues, either.
Effective altruism was a key selling point for the failed crypto exchange. Now it must reassess its future without donations from Sam Bankman-Fried.