We Don't Want to Create Incentives That Make It Harder to Generate Wealth

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We have it because there's this moralistic layer to it, which is demonizing extreme, understandably extreme disparities in wealth. And so theres you have people like elizabeth warren and burney sanders who, they don't even attempt to conceal it. What they are communicating is contempt for people of sufficient wealth. I mean, i think they've even said it outright, that there's no way to become a billionaire legitimately right? We just have to acknowledge that thres going to be some degree of inequality. And our real interest is in cancelling the most a painful ext s at the bottomt we want to raise the bottom.

In this episode of the podcast, Sam Harris speaks with Sam Bankman-Fried about effective altruism. They discuss how he became the wealthiest self-made billionaire under 30, what might go wrong with cryptocurrency, the Giving What We Can pledge, how SBF thinks about using his resources to do the most good in the world, how not to stigmatize wealth, wealth redistribution, norms of generosity among the ultra-wealthy, pandemic preparedness, impact through lobbying, how ambitious should we be in doing good, and other topics.

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