In Michael Lewis's highly anticipated book about the founder of the FTX exchange, the disgraced crypto tycoon is shown to be in the habit of calculating an expected value for everything he does. It follows that his alleged fraud was not an accident, but rather a gamble that did not go his way.
CHICAGO – Effective altruists believe they should devote themselves to benefiting others the best they can. Some take this position to extremes by pursuing the highest-paying jobs they can find and then donating their riches to vetted charities that save the most lives per dollar deployed. One of the most famous effective altruists, Sam Bankman-Fried, is currently on trial for fraud.
CHICAGO – Effective altruists believe they should devote themselves to benefiting others the best they can. Some take this position to extremes by pursuing the highest-paying jobs they can find and then donating their riches to vetted charities that save the most lives per dollar deployed. One of the most famous effective altruists, Sam Bankman-Fried, is currently on trial for fraud.