Some quick notes
- Owen Cotton Barratt has written a post of reflections about FTX
- There is a discussion to be had about whether Owen’s content should be on the forum or indeed further discussion of the whole situation, feel free to have that discussion here. The mod team has suggested (and I cautiously endorse) having a dedicated comment thread on this post for meta-discussion about Owen, details below.
- I think this could be seen as soft rehabilitation. I don’t endorse that
- As elsewhere I think it may be helpful to split up thoughts and feelings, personally I think my feelings do not automatically translate into a need for action. Feelings are important, but they are only part of good arguments.
- Edited to make these comments shorter (I thought this would be more controversial than it seemingly)
[A note from the moderation team] We realize that some people might want to discuss how to process this post in light of Owen's recent statement and apology. But we also want to give space to object-level discussion of the contents of the post, and separate those out somewhat. So we ask that you avoid commenting on Owen's recent apology anywhere but in this thread. New top-level comments (and responses to them) should focus on the contents of the post; if they don't, we'll move them to said thread.
Thanks for writing and sharing this. I feel confused about the scale on some of these. For example:
Pre-FTX collapse, an EA was the richest self-made person in the world under 30 after having switched to an industry they had no experience in (crypto), and this is evaluated as 5/10 ability to do well in arbitrary industries? What is the scale here? What are social groups that are 10/10? Is the claim that Sam was 10/10 but the rest of us were 1/10 so it averages out to 5/10? But weren't something like >0.1% of EAs billionaires at that point? Surely that's at like the 99th percentile of billionaire density for social groups?
And we are currently 3/10? The fact that most EA's have the right to work in an OECD country seems like it automatically should put us at at least the 80th percentile or something?
Maybe this is pedantic, but this lack of precision on the scale makes it hard for me to interpret the strength of these updates. E.g. if Owen is making the claim that EA's have below-average ability amongst humans to accomplish arbitrary business goals (which is my naïve interpretation of the 3/10 rating) then this seems like a really strong and surprising claim.
(Note: I'm more sympathetic to the claim that EAs do things that are impactful in absolute value but have a negative sign, so the overall net impact is lower. But I understand Owen to be talking about a different thing here.)
I read the endpoints as 0 is no extraordinary abilities at all (i.e., similiar to most groups with similiar characteristics like education and geography) and 10 as a group of Nobel prize winners or something.