Armstrong Urges Crypto Founders to Resist Effective Altruism’s Decelerating Influence!

Key Points:

• Coinbase Founder Brian Armstrong Warns Against Effective Altruism’s Value Erosion in Cryptocurrencies and AI.
• Armstrong Urges OpenAI Employees to Consider Joining Sam Altman and Greg’s New Venture.
• Emphasizes the Need for Project Founders to Retain Control, Rejecting Influence from Effective Altruists.

Coinbase founder Brian Armstrong has taken a firm stance against the perceived negative impact of Effective Altruism (EA), specifically in the realms of cryptocurrencies and artificial intelligence (AI) (Armstrong urges crypto founders).

Brian Armstrong contends that EA, often associated with optimizing resources for maximum positive impact, is, in fact, destructive to the inherent value of both cryptocurrencies and the burgeoning field of AI.

Armstrong’s critique extends beyond the crypto space, as he asserts that EA’s influence has now permeated the realm of artificial intelligence. In a bold recommendation, he suggests that every talented employee at OpenAI, the renowned artificial intelligence research lab, should consider leaving their current positions and join a potential new venture led by industry figures Sam Altman and Greg.

Founders Advised to Maintain Control, Rejecting External Altruistic Influences

The Coinbase founder emphasizes the importance of founders maintaining control over their projects and advises them to reject the influence of what he terms “decels” or Effective Altruists (EAs). This call to action reflects Armstrong’s belief in preserving the autonomy of innovative endeavors, ensuring that the vision and direction of these projects remain aligned with the creators’ original intent.

Armstrong’s perspective adds a new layer to the ongoing dialogue surrounding the intersection of ethics, altruism, and technological innovation. As the crypto and AI landscapes continue to evolve, his bold statements are likely to fuel discussions on the balance between social responsibility and the preservation of value and control in these groundbreaking fields. Whether this will lead to a significant shift in the industry or spark further debates remains to be seen.

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