Intelligence Squared Michael Lewis on The Rise and Fall of Sam Bankman-Fried, Part Two
Oct 30, 2023
In a captivating discussion, Michael Lewis, acclaimed author of "Moneyball" and "The Big Short," delves into the chaotic world of Sam Bankman-Fried during FTX’s peak. He recounts bizarre interactions, like a Zoom meeting with a fashion icon, revealing Bankman-Fried's struggle between altruism and reality. Lewis also explores the complexities of public perception in crypto narratives and unravels the financial collapse of FTX, blending personal insights with the art of storytelling in finance. This narrative is both enthralling and cautionary.
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SBF and Anna Wintour
- Michael Lewis describes Sam Bankman-Fried's interaction with Anna Wintour.
- SBF played video games during their Zoom meeting, agreeing to fund the Met Gala without fully understanding the commitment.
SBF's Social Algorithm
- SBF never disagreed with anyone, learning that agreeing makes people like you more.
- This became his social algorithm, potentially mirroring a dystopian AI interaction.
AI Dystopia Foreshadowing
- SBF's actions, driven by simple instructions without nuance, caused unintended consequences.
- This mirrors potential AI dystopia, where machines execute commands literally, leading to unforeseen outcomes.
