I’m Emma from the Communications team at the Centre for Effective Altruism (CEA). I want to flag a few media items related to EA that have come out recently or will be coming out soon, given they’ll touch on topics—like FTX—that I expect will be of interest to Forum readers.
- The CEO of CEA, @Zachary Robinson, wrote an op-ed that came out today addressing Sam Bankman-Fried and the continuing value of EA. (Read here)
- @William_MacAskill will appear on two podcasts and will discuss FTX: Clearer Thinking with Spencer Greenberg and the Making Sense Podcast with Sam Harris.
- The podcast episode with Sam Harris will likely be released next week and is aimed at a general audience.
- Update on April 1: this episode is now available for listening here.
- The podcast episode with Spencer Greenberg will likely be released in two weeks and is aimed at people more familiar with the EA movement.
- Update on April 16: this episode is now available for listening here. (A linkpost from the host, Spencer Greenberg, is also here.)
- The podcast episode with Sam Harris will likely be released next week and is aimed at a general audience.
I’ll add links for these episodes once they become available and plan to update this post as needed.
I doubt we disagree much, if at all.
Examining "what role EA played in FTX coming into existence" seems desirable, but doing a good job on this still seems rather challenging as a practical matter at least for now. FTX is unlikely to cooperate (and doing so would consume revenue that morally belongs to the victims). SBF denies having done anything wrong and will appeal. The co-conspirators are not going to talk because of their deal with USAO/SDNY, and even once that is done, I'd probably be worried about state and foreign criminal exposure in their shoes.[1] Although EVF settled with the FTX estate, many actors and orgs still have legal exposure. EVF could have counsel investigate EVF and keep the results privileged, but a license to practice law doesn't give you the ability to investigate whatever you'd like and keep the results secret.
One final issue is who should sponsor an investigation of "what role EA played in FTX coming into existence"; given the linkages between EVF, EVF insiders, and SBF, EVF would be somewhere in the vicinity of last place on my ideal preference list.
As for the reference to "donor risk" in the reform-with-receipts segment, I had examples of the policy response I'd like to see specifically from EVF in mind. But I do think donor-risk management is part of a defense-in-depth strategy. No one owns EA principles, and while taking steps to discourage people away from fraud-approving views, we're not going to find any way to absolutely preclude people from interpreting / applying those principles in a way that motivates them to do awful things.[2]
That means we shouldn't put all the marbles into one basket. If a would-be fraudster knows ahead of time that EA orgs will reject his money if it seems too suspect, and that in fact the donor due diligence process might lead to discovery of the fraud --> life in a prison cell, then they are less likely to start fraud-to-give in the first place. There being no way to be 100.00% sure donor money is clean, I gestured to "donor risk issues" rather than overselling with words like assure, ensure, guarantee, etc.[3]
It's usually not considered cool for a state to prosecute after the feds, but it's not against the rules. And it's likely that the co-conspirators violated criminal laws in a number of countries where victims lived. I would not assume that the US, which can be pretty aggressive on seeking extradition for financial crimes where the defendants never set foot on U.S. soil, would deny such a request.
In the same way, no one owns any set of ideas, and almost all ideas worth having can be twisted to justify bad actions. Of course, I would definitely agree that EA ideas are unusually vulnerable to being transmuted into naive consequentialism.
As someone who is significantly less than 100% a utilitarian, I also identify a moral obligation to take reasonable steps to address the possibility that an organization might be receiving funds tainted by fraud (among other things).