I basically just agree with your post, but I want to build on it a little.
Basically all the reputational damage that EA took when FTX imploded was due to SBF having started the FTX Future Fund. I don’t think people would have looked as askance at some EA leadership being friends with Sam if Sam wasn’t also a major funder of the movement, with FTXFF clearly coded as an “in-EA” organization.
One of the main changes I’d like to see in the wake of this is that new funders can’t just pop in, start a fund, throw money around, and immediately get EA-coded. There should simply be some time that has to pass, maybe 5 years, before that happens.
We can’t enforce that (anybody can call themselves “EA” if they want), but we can explicitly call out funders who refer to themselves as part of the EA movement before they’ve been around for 5 years or so.
I basically just agree with your post, but I want to build on it a little.
Basically all the reputational damage that EA took when FTX imploded was due to SBF having started the FTX Future Fund. I don’t think people would have looked as askance at some EA leadership being friends with Sam if Sam wasn’t also a major funder of the movement, with FTXFF clearly coded as an “in-EA” organization.
One of the main changes I’d like to see in the wake of this is that new funders can’t just pop in, start a fund, throw money around, and immediately get EA-coded. There should simply be some time that has to pass, maybe 5 years, before that happens.
We can’t enforce that (anybody can call themselves “EA” if they want), but we can explicitly call out funders who refer to themselves as part of the EA movement before they’ve been around for 5 years or so.
SBF was an Effective Altruist for years before he founded the FTX Future Fund, let alone Alameda.