The downfall of FTX founder Sam Bankman-Fried (SBF) hit the effective altruism (EA) movement particularly hard.
SBF was one of the largest donors in the EA ecosystem, and that source of funds has dried up forever.
Other believers in EA are reconsidering their prior beliefs in light of what they've learned about SBF.The big picture: One of the central debates in philanthropy is when and whether to make risky investments that might have zero positive effects.are a prime example. Oversimplifying massively, EA-adjacent philanthropies like, if the cost is low enough and the benefits are high enough.
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