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Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

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Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#51
post #16

Earlier quoted context omitted.

Especially with Elon, who is the definition of failing up and getting lucky (see Zip2, Tesla, Space-X). Just having capital was enough to have actually intelligent people flocking to him. When Elon makes decisions (see PayPal, Twitter) they are shit.

See here's the problem. Getting distracted by the "spaceman bad" programming, while being robbed blind by media darlings like SBF. An actual fraud.

I can be critical of more than one person at a time.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#52
post #16

Earlier quoted context omitted.

See here's the problem. Getting distracted by the "spaceman bad" programming, while being robbed blind by media darlings like SBF. An actual fraud.

Musk is an actual fraud: https://twitter.com/capitolhunters/status/159330754193247436... Elon Musk has lied for 27 years about his credentials. He does not have a BS in Physics, or any technical field. Did not get into a PhD program. Dropped out in 1995 & was illegal. Later, investors quietly arranged a diploma - but not in science. Note: You may have to refresh a couple times, because as Twitter slowly collapses und…

Twitter used to be terrible at staying up. It was the poster child for "rails doesn't scale."

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#53
post #36

Effective altruism is just nonsense. Giving money "away" is so vague that it's obviously tax discounts. Away to whom? Will give money blindly really help solving problems or keeps them alive? A lot of questions pop up.

It is nonsense, but I don't think this is the right critique. EA is very focused on answering "where should money go".

EA is notably less interested in answering "where should money come from" and "what impact does the manner in which I earn money have".

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#54
not again...

https://news.ycombinator.com/item?id=33549059

https://news.ycombinator.com/item?id=33672924

https://news.ycombinator.com/item?id=33573636

https://news.ycombinator.com/item?id=33543718

https://news.ycombinator.com/item?id=33527047

https://news.ycombinator.com/item?id=33568141

https://news.ycombinator.com/item?id=33554271

https://news.ycombinator.com/item?id=33551288

Maybe enough with this. Hacker _News_, please

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#56
post #16

Earlier quoted context omitted.

See here's the problem. Getting distracted by the "spaceman bad" programming, while being robbed blind by media darlings like SBF. An actual fraud.

Musk is an actual fraud: https://twitter.com/capitolhunters/status/159330754193247436... Elon Musk has lied for 27 years about his credentials. He does not have a BS in Physics, or any technical field. Did not get into a PhD program. Dropped out in 1995 & was illegal. Later, investors quietly arranged a diploma - but not in science. Note: You may have to refresh a couple times, because as Twitter slowly collapses und…

[deleted]

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#58
post #23

Sequoia capital published this. That should be in the title. Without knowing that this was a real article published by real people at Sequoia a couple of months ago, this reads like a try-hard troll. No! It’s real! (Sequoia is like the Stanford of venture capital and is one of ftx’s biggest investors)

[deleted]

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#59
post #3

>Bailhe remembers it the same way: “We had a great meeting with Sam, but the last question, which I remember Alfred asking, was, ‘So, everything you’re building is great, but what is your long-term vision for FTX?’” >That’s when SBF told Sequoia about the so-called super-app: “I want FTX to be a place where you can do anything you want with your next dollar. You can buy bitcoin. You can send money in whatever currenc…

This whole saga, together with the Twitter and Meta shitshows have been exposing the Emperor for wearing no clothes. Turns out the rich and powerful of Silicon Valley aren't super smart and wise folks to be looked up to. They're just regular people, a lot of them ignorant, that got lucky. Enough with the pedestals.

Turns out the Federal Reserve and ZIRP was the real magic behind the valuations and dumb money the entire time. Everyone else was just riding the wave of cheap capital.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#60

not again... https://news.ycombinator.com/item?id=33549059 https://news.ycombinator.com/item?id=33672924 https://news.ycombinator.com/item?id=33573636 https://news.ycombinator.com/item?id=33543718 https://news.ycombinator.com/item?id=33527047 https://news.ycombinator.com/item?id=33568141 https://news.ycombinator.com/item?id=33554271 https://news.ycombinator.com/item?id=33551288 Maybe enough with this. Hacker _News_,…

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