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What should the Effective Altruism movement learn from the SBF / FTX scandal? (with Will MacAskill)

Clearer Thinking with Spencer Greenberg

CHAPTER

Deconstructing the FTX Scandal: Insights and Oversights

This chapter analyzes the psychological traits and behaviors of Sam, the key figure behind the FTX scandal, exploring how overconfidence and risk-taking contributed to a failure to recognize fraudulent activity. It examines the complexities of emotions like guilt and remorse, particularly in individuals displaying diminished affective empathy, and discusses the ambiguities surrounding motivations in the effective altruism movement. The discussion further delves into the broader implications of emotional detachment and the unique challenges posed by white-collar crime.

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