Sam Bankman-Fried’s Altruism Wasn’t Very Effective

Effective altruism, in case you’ve never heard of it, is a philosophical and social movement that applies reason and evidence to determine, and then act upon, the most effective ways to benefit others. Peter Singer, a major advocate of the movement, said “effective altruism is about doing the most good you can, and that means being strategic and focused in your efforts. It means finding out where you can have the biggest impact, and then doing everything you can to make that impact as big as possible.” And Sam certainly went big.

Source: https://www.coindesk.com/consensus-magazine/2023/02/16/sam-bankman-frieds-altruism-wasnt-very-effective/?utm_medium=referral&utm_source=rss&utm_campaign=headlines