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Sam Bankman-Fried and the geometry of conscience

scottaaronson.blog

101–110 of 111 posts

Re: Sam Bankman-Fried and the geometry of conscience

#101
post #97

Earlier quoted context omitted.

Exactly this. All the debates about whether SBF's EA ties were "authentic" or he strayed over time or whatever are missing the point. EA is a morally bankrupt, barely coherent, stupid ideology designed to justify pre-hoc teenage technocratic fantasies. In that sense, no matter what SBF believed in his heart of hearts he's a poster child for EA all the way.

I'm seeing so many of these posts and I just don't understand how this perception of EA has formed. What charities are you giving to? EA would say you should give to fight global poverty and improve global health as fighting malaria is more effective than say, giving to a local arts community. What's bankrupt, barely coherent, stupid, and technocratic about that?

> EA would say you should give to fight global poverty and improve global health as fighting malaria is more effective than say, giving to a local arts community

Dozens of ideologies say that. EA doesn't say only that.

Re: Sam Bankman-Fried and the geometry of conscience

#102
post #3

Earlier quoted context omitted.

Effective altruism seems to be a sort of cult that’s way for elites (that is, the upper class) to both make themselves feel better and to give them yet another vector of superiority over people. In Sam Bankman-Fried’s case, he seems to have let it be a justification for the huge risks and likely criminal actions he took.

SBF literally said he would wager the world for another world with 51% odds. There's no amount of money that will satisfy someone like that, even if his EA statements were heartfelt. Why would he give a billion dollars to charities, when he could risk it, flip it into $20B, and give it to charity? Why would he give $20B to charity when he could risk it, and flip it into $150B? etc...

important point. best predictor for future behaviour is past behaviour. also the reason why somebody gets euch never suddenly becomes genuinely altruistic.

Re: Sam Bankman-Fried and the geometry of conscience

#103
post #6

Earlier quoted context omitted.

Similarly, I don't think it's correct to characterize SBF's background as 'middle class'. Apparently, both of his parents are Profs at Stanford Law School. Most likely, they are wealthy or even rich and SBF could benefit from their network, gaining access to the American elites without too many questions asked.

I wouldn’t assume his family is wealthy, just because they are in academia. You don’t go to academia for the money. (Although I’m not sure exactly what you mean by wealthy vs rich)

By common sense: most of academia is monetarily less attractive than Stanford Law School. The salaries of two full professors there make the family at least wealthy, i.e., able to maintain an upper class life. And the perks of being a full professor at Stanford Law School presumably include very attractive opportunities that can make one rich (able to amass wealth), e.g., well-paid consulting gigs and advisory roles.

But I agree, my distinction between wealthy and rich is pretty sloppy.

Re: Sam Bankman-Fried and the geometry of conscience

#104
post #8

There's a guy in the clear stealing billions of dollars and nothing happens. People go to prison for stealing a car, this is literally 1000000 times bigger and he's not even arrested. He belongs to prison for a life time. All the other talk about crypto / regulation is just hiding how corrupt the system is for not arresting this guy instantly.

> People go to prison for stealing a car

Well, not any more.

https://www.sfchronicle.com/sf/bayarea/heatherknight/article...

Re: Sam Bankman-Fried and the geometry of conscience

#105
post #33

I cannot imagine writing something this embarrassing and deeming it worthy of public consumption. There is a very, very weird phenomenon of people that consider themselves to be very clever inexplicably carrying water for others that also consider themselves to be very clever, regardless of the material conditions or facts at hand. It’s like Scott Aaronson is applying to be in a club that Mr Fried is the bouncer for.…

The best way to drive social media engagement as a “thought leader” is pick a slightly contrarian viewpoint and then just keep doubling down forever, no matter what. People will flock to you who want external validation of whatever they wish was true, and you can build a quite successful brand.

The mental image of Scott Aaronson furrowing his brow and tracing a flow chart with his finger, eventually arriving at “Free thinking thought leader” is hilarious to me

Re: Sam Bankman-Fried and the geometry of conscience

#106

>From everything I’ve read, SBF’s mission to earn billions, then spend it saving the world, seems something like this imagined Apollo mission How can the author pretend SBF his actions are comparable to a "tiny crack in an oxygen tank"? He willingly and knowingly defrauded customers and investors. Arguably as early as years ago and already provably months ago when he started bailing out crypto companies with funds de…

> driving up his money-highscore as if it's a game

There are ways to game the system … well, one can see how there’s a forgone conclusion to that line of thinking.

Re: Sam Bankman-Fried and the geometry of conscience

#107

Earlier quoted context omitted.

>>You're taking a point of concentrated wealth in a system designed to create that concentration and comparing it to 1 individual and using that to support the system. I wasn't able to follow. Could you rephrase or elaborate on the last part?

Effective Altruism asks "what's the most I can do?" and come up with the answer, "become a king and give my(!) money I earn(!) to effective charities". That only makes sense if your starting place in the system makes becoming a king possible. Meanwhile, if they asked "what's the most we can do?" then the answer is unlikely to involve kings and more likely involves changing the system that gives them the opportunity t…

Okay, thank you for the explanation. But is "becoming a king" the means that Effective Altruism advocates, or just the means that this individual decided upon to meet EA's larger goal?

EA may leave it to each individual to decide the best route to do good for the world.

I do agree that changing the system to make becoming a king impossible is the best route possible. But for people in some circumstances, even this goal may best be achieved by first becoming a king.

Re: Sam Bankman-Fried and the geometry of conscience

#108
post #97

Earlier quoted context omitted.

Exactly this. All the debates about whether SBF's EA ties were "authentic" or he strayed over time or whatever are missing the point. EA is a morally bankrupt, barely coherent, stupid ideology designed to justify pre-hoc teenage technocratic fantasies. In that sense, no matter what SBF believed in his heart of hearts he's a poster child for EA all the way.

I'm seeing so many of these posts and I just don't understand how this perception of EA has formed. What charities are you giving to? EA would say you should give to fight global poverty and improve global health as fighting malaria is more effective than say, giving to a local arts community. What's bankrupt, barely coherent, stupid, and technocratic about that?

A common theme in Charles dickens books is a character that cares so much about people in faraway lands that they completely neglect their family. Today with our understanding of mission colonialism these behaviors appear even worse.

On a personal level, my familial obligations supersede even local art charities and much less distant global health issues. Most EA people have enough instinctive moral behavior to avoid falling into a trap like SBF, but EA taken to its extreme clearly states that distance is not morally relevant.

Re: Sam Bankman-Fried and the geometry of conscience

#109

Earlier quoted context omitted.

No, because you are talking about compounding returns (which I was not), but improving people's lives today gives far greater long-term benefits than investing the money at reasonable return and donating more in the future, for well-known reasons.

In your post above, you justified not giving 1B to charity because it could be bet until it raised to 150B. But there is no reason why, by the same logic, you couldn't justify playing that 150B to raise it to any number rather than giving it away to charity today.

The point I was trying to make in my post* was that at some point you should stop gambling, because losing the bet would be catastrophic to humanity, but that point is maybe around $10-100B. (Depending on odds, obviously). It's because you pick the low hanging fruit of good causes, so every doubling of the amount gives marginally fewer gains. Eg. just look at how Bill & Melinda Gates have complained about how hard it is to give away billions per year.

*Aside: obviously it was tone-deaf for me to reply to that quoted sentence out of the context in this case of the money being stolen

Re: Sam Bankman-Fried and the geometry of conscience

#110
post #73

Earlier quoted context omitted.

> ... possibly the fastest evaporation of such a vast personal fortune in all human history. That title would probably go to Zucc after the most recent set of earnings. But the previous title holder was none other than Mr. Cyber Hornets himself, the man who just about popped the Dot Com bubble - Michael Saylor. Saylor lost $6B in a single day (and $10B in 2 weeks) after reporting that his firm had cooked the books in…

Oh my god, I was around for the dotcom collapse and hadn't realised that Saylor was there and in the crypto scam ecosystem.

Yes he's got quite the nose for these things.
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