Sorry to be jumping in having never posted here, but I’ve been following along for a while and I’m fascinated.
Everything mentioned in the Sequoia piece about MacAskill’s involvement is strange. I’d be interested in hearing more about what his “pitch” was like back then:
“It was his fellow Thetans who introduced SBF to EA and then to MacAskill, who was, at that point, still virtually unknown. MacAskill was visiting MIT in search of volunteers willing to sign on to his earn-to-give program.”
What was with this recruitment process? The notion of “signing on” jumps out at me. Also MacAskill is the one who told SBF to go to Jane Street?
“His course established, MacAskill gave SBF one last navigational nudge to set him on his way, suggesting that SBF get an internship at Jane Street that summer.”
That’s so weird. I get the idea of trying to spread the gospel, but has MacAskill ever spoken about his motives for...going around meeting college kids to...I don’t even know what the correct description would be. Gain acolytes?
I think what his public official motive would be is obvious: he’s always tried to get people to do things he thinks have positive altruistic impact-for example, by writing books advocating they do stuff-so he was doing the same with potentially influential people at a more 1-1 level. I don’t think this is something that’s ever been hidden! I can see why you might reasonably think this sort of influence seeking feels a bit off, since on some level it is an attempt to exercise power in a way the bypasses democracy. I’m sure someone has criticized it on those grounds. But organizations recruiting talented college students is quite normal in itself, even if they don’t usually have to sign on to a detailed philosophy. And even the latter is hardly unique: think of someone trying to network informally for people to get involved with their new libertarian think tank, or socialist magazine.
Oh, yeah, I totally agree. I don’t think of it as a way to bypass democracy or exercise undue influence. The main thing for me is that SBF and MacAskill are so interconnected. I thought it was primarily a philosophical connection, but the financial connection seems just as important, especially since MacAskill has been involved in every single part of SBF’s career. The first job at Jane Street, the arbitrage, the founding of Alameda, and now all the FTX crap.
Outside recent political donations, it seems that SBF was shoveling most of his donations money back into MacAskill’s organizations. (Someone else linked to his old blog, which gives a glimpse of this: http://measuringshadowsblog.blogspot.com/)
Now that SBF’s biggest endeavor has turned out to be a giant scam, it’s important to understand what MacAskill knew about everything and whether any of the same kind of financial misconduct is going on at any of the charitable organizations. I’m sure we’ll know a lot more soon, though.
‘Now that SBF’s biggest endeavor has turned out to be a giant scam’ I’m not sure that is quite right. As far as I can tell, the main definite issue that has been proven is that he stole money when he lost money, which is not quite the same as the endeavor itself being a scam from the beginning. Not that that is any morally better, and it was so deeply, deeply morally wrong that I strongly suspect SBF has done other very bad things, but it’s good to be precise I think. (I agree that Will had a severe conflict of interest, but I do think we have to stress that there’s no strong direct evidence of wrongdoing on his part yet, and that getting rich people to fund you is a standard charity/political party model used by everyone, even if known to be problematic and even if Will and SBF seem to have been unusually connected.)
They’re probably talking about the Giving What We Can pledge here, which MacAskill co-founded. I don’t see why anyone would consider that controversial.
Sorry to be jumping in having never posted here, but I’ve been following along for a while and I’m fascinated.
Everything mentioned in the Sequoia piece about MacAskill’s involvement is strange. I’d be interested in hearing more about what his “pitch” was like back then:
What was with this recruitment process? The notion of “signing on” jumps out at me. Also MacAskill is the one who told SBF to go to Jane Street?
That’s so weird. I get the idea of trying to spread the gospel, but has MacAskill ever spoken about his motives for...going around meeting college kids to...I don’t even know what the correct description would be. Gain acolytes?
I think what his public official motive would be is obvious: he’s always tried to get people to do things he thinks have positive altruistic impact-for example, by writing books advocating they do stuff-so he was doing the same with potentially influential people at a more 1-1 level. I don’t think this is something that’s ever been hidden! I can see why you might reasonably think this sort of influence seeking feels a bit off, since on some level it is an attempt to exercise power in a way the bypasses democracy. I’m sure someone has criticized it on those grounds. But organizations recruiting talented college students is quite normal in itself, even if they don’t usually have to sign on to a detailed philosophy. And even the latter is hardly unique: think of someone trying to network informally for people to get involved with their new libertarian think tank, or socialist magazine.
Oh, yeah, I totally agree. I don’t think of it as a way to bypass democracy or exercise undue influence. The main thing for me is that SBF and MacAskill are so interconnected. I thought it was primarily a philosophical connection, but the financial connection seems just as important, especially since MacAskill has been involved in every single part of SBF’s career. The first job at Jane Street, the arbitrage, the founding of Alameda, and now all the FTX crap.
Outside recent political donations, it seems that SBF was shoveling most of his donations money back into MacAskill’s organizations. (Someone else linked to his old blog, which gives a glimpse of this: http://measuringshadowsblog.blogspot.com/)
Now that SBF’s biggest endeavor has turned out to be a giant scam, it’s important to understand what MacAskill knew about everything and whether any of the same kind of financial misconduct is going on at any of the charitable organizations. I’m sure we’ll know a lot more soon, though.
‘Now that SBF’s biggest endeavor has turned out to be a giant scam’ I’m not sure that is quite right. As far as I can tell, the main definite issue that has been proven is that he stole money when he lost money, which is not quite the same as the endeavor itself being a scam from the beginning. Not that that is any morally better, and it was so deeply, deeply morally wrong that I strongly suspect SBF has done other very bad things, but it’s good to be precise I think. (I agree that Will had a severe conflict of interest, but I do think we have to stress that there’s no strong direct evidence of wrongdoing on his part yet, and that getting rich people to fund you is a standard charity/political party model used by everyone, even if known to be problematic and even if Will and SBF seem to have been unusually connected.)
They’re probably talking about the Giving What We Can pledge here, which MacAskill co-founded. I don’t see why anyone would consider that controversial.