If SBF wanted to buy Twitter for non-EA reasons, that’s one thing, but if the idea here is that purchasingTwitter alongside Elon Musk is actually worth billions of dollars from an EA perspective, I would need to see way more analysis, much like significant analysis has been done for AI safety, biorisk, animal welfare, and global health and poverty.
If you think investing in Twitter is close to neutral from an investment perspective (maybe reasonable at the time, definitely not by the time Musk was forced to close) then the opportunity cost isn’t really billions of dollars. Possibly this would have been an example of marginal charity.
I can see where you’re coming from with this, and I think purely financially you’re right, it doesn’t make sense to think of it as billions of dollars ‘down the drain.’
However, if I were to do a full analysis of this (in the framing of this being a decision based on an EA perspective), I would want to ask some non-financial questions too, such as:
Does the EA movement want to be further associated with Elon Musk than we already are, including any changes he might want to make with Twitter? What are the risks involved? (based on what we knew before the Twitter deal)
Does the EA movement want to be in the business of purchasing social media platforms? (In the past, we have championed causes like global health and poverty, reducing existencial risks, and animal welfare—this is quite a shift from those into a space that is more about power and politics, particularly given Musk’s stated political views/​aims leading up to this purchase)
How might the EA movement shift because of this? (Some EAs may be on board, others may see it as quite surprising and not in line with their values.)
What were SBF’s personal/​business motivations for wanting to acquire Twitter, and how would those intersect with EA’s vision for the platform?
What trade offs would be made that would impact other cause areas?
This is the bit I think was missed further up the thread. Regardless of whether buying a social media company could reasonably be considered EA, it’s fairly clear that Elon Musk’s goals both generally and with Twitter are not aligned with EA. MacAskill is allowed to do things that aren’t EA-aligned, but it seems to me to be another case of poor judgement by him (in addition to his association with SBF).
If you think investing in Twitter is close to neutral from an investment perspective (maybe reasonable at the time, definitely not by the time Musk was forced to close) then the opportunity cost isn’t really billions of dollars. Possibly this would have been an example of marginal charity.
I can see where you’re coming from with this, and I think purely financially you’re right, it doesn’t make sense to think of it as billions of dollars ‘down the drain.’
However, if I were to do a full analysis of this (in the framing of this being a decision based on an EA perspective), I would want to ask some non-financial questions too, such as:
Does the EA movement want to be further associated with Elon Musk than we already are, including any changes he might want to make with Twitter? What are the risks involved? (based on what we knew before the Twitter deal)
Does the EA movement want to be in the business of purchasing social media platforms? (In the past, we have championed causes like global health and poverty, reducing existencial risks, and animal welfare—this is quite a shift from those into a space that is more about power and politics, particularly given Musk’s stated political views/​aims leading up to this purchase)
How might the EA movement shift because of this? (Some EAs may be on board, others may see it as quite surprising and not in line with their values.)
What were SBF’s personal/​business motivations for wanting to acquire Twitter, and how would those intersect with EA’s vision for the platform?
What trade offs would be made that would impact other cause areas?
This is the bit I think was missed further up the thread. Regardless of whether buying a social media company could reasonably be considered EA, it’s fairly clear that Elon Musk’s goals both generally and with Twitter are not aligned with EA. MacAskill is allowed to do things that aren’t EA-aligned, but it seems to me to be another case of poor judgement by him (in addition to his association with SBF).