It is well-written, but I am not particularly convinced by the fantasy fiction analogy — it feels a lot more like “Here’s this very different situation, and you agree that the conclusions would be different. That would even be true if we modify it in several hard-to-imagine ways.”
In particular, I don’t see any reasonable analogies for:
EA’s “Earning to Give” career path, up to and including 80k featuring a profile on SBF as an exemplar.
The specific logic of “my marginal money is going to be donated” ⇒ “I should be closer to risk-neutral”, which I haven’t really seen rebutted on the facts (most instead argue that in reality, SBF/FTX/Alameda went too far and were risk-seeking).
That SBF ultimately contributed such a paltry amount of his apparent fortune is more impactful, but mainly as a reminder of how small and vulnerable EA actually is. It might very well be true that we didn’t mean that much to SBF, but he meant a lot to us.
I also think this was a not-so-good and somewhat misleading analogy—the association between Novik and Caroline in the example is strictly one-way (Caroline likes Novik, Novik has no idea who Caroline is), whereas the association between FTX and EA is clearly two-way (e.g. various EA orgs endorsing and promoting SBF, SBF choosing to earn-to-give after talking with 80k etc).
It is well-written, but I am not particularly convinced by the fantasy fiction analogy — it feels a lot more like “Here’s this very different situation, and you agree that the conclusions would be different. That would even be true if we modify it in several hard-to-imagine ways.”
In particular, I don’t see any reasonable analogies for:
EA’s “Earning to Give” career path, up to and including 80k featuring a profile on SBF as an exemplar.
The specific logic of “my marginal money is going to be donated” ⇒ “I should be closer to risk-neutral”, which I haven’t really seen rebutted on the facts (most instead argue that in reality, SBF/FTX/Alameda went too far and were risk-seeking).
That SBF ultimately contributed such a paltry amount of his apparent fortune is more impactful, but mainly as a reminder of how small and vulnerable EA actually is. It might very well be true that we didn’t mean that much to SBF, but he meant a lot to us.
I also think this was a not-so-good and somewhat misleading analogy—the association between Novik and Caroline in the example is strictly one-way (Caroline likes Novik, Novik has no idea who Caroline is), whereas the association between FTX and EA is clearly two-way (e.g. various EA orgs endorsing and promoting SBF, SBF choosing to earn-to-give after talking with 80k etc).