Wasn’t the Leverage issue back around 2016? Also that doesn’t strike me as a growing too fast cost. From my recollection the issue was Leverage was extremely secretive and a lot of the psychological abuse was justified with the idea that they were saving the world.
I’d argue that elitist thinking and strange beliefs the public would never accept are dangerous, and usually improved by more scrutiny. If we can make our messaging internally more palatable to the public, we will avoid fiascos like Leverage.
With regards to FTX, as I mentioned below the millions who put money in were speculating. EA folks who helped SBF were trying to do good. It’s an important distinction.
If you are an individual engaging in a speculative bet you can afford, you don’t really need to worry about optics or the impact of potential failure. If someone was gambling on the success of FTX with a bet they couldn’t afford to pay, I don’t think they would be someone we should defend in our community anyway.
However people at the top of the EA movement made gigantic bets on FTX working out, at least with regards to their social capital.
I don’t see it that way. Lots of relatively normal folks put money into FTX. Journalists and VCs were very positive about SBF/FTX.
This. I do think that blaming rationalist culture is mostly a distraction, primarily because way too much normie stuff promoted SBF.
I had a very different opinion of the whole crypto train (that is, crypto needs to at least stop having real money, if not flat out banned altogether.)
Yes, EA failed. But let’s be more careful about suggesting that normies didn’t fail here.
Wasn’t the Leverage issue back around 2016? Also that doesn’t strike me as a growing too fast cost. From my recollection the issue was Leverage was extremely secretive and a lot of the psychological abuse was justified with the idea that they were saving the world.
I’d argue that elitist thinking and strange beliefs the public would never accept are dangerous, and usually improved by more scrutiny. If we can make our messaging internally more palatable to the public, we will avoid fiascos like Leverage.
With regards to FTX, as I mentioned below the millions who put money in were speculating. EA folks who helped SBF were trying to do good. It’s an important distinction.
If you are an individual engaging in a speculative bet you can afford, you don’t really need to worry about optics or the impact of potential failure. If someone was gambling on the success of FTX with a bet they couldn’t afford to pay, I don’t think they would be someone we should defend in our community anyway.
However people at the top of the EA movement made gigantic bets on FTX working out, at least with regards to their social capital.
This. I do think that blaming rationalist culture is mostly a distraction, primarily because way too much normie stuff promoted SBF.
I had a very different opinion of the whole crypto train (that is, crypto needs to at least stop having real money, if not flat out banned altogether.)
Yes, EA failed. But let’s be more careful about suggesting that normies didn’t fail here.