Past Present Future Michael Lewis on Sam Bankman-Fried and Effective Altruism
Oct 10, 2024
Michael Lewis, acclaimed author of 'Going Infinite: The Rise and Fall of a New Tycoon,' dives deep into the life of Sam Bankman-Fried. He explores the paradox of Bankman-Fried's effective altruism and his drastic fall from grace. Lewis examines the complexities of utilitarianism and the ethical dilemmas surrounding wealth and power. He shares insights on how good intentions can sometimes lead to catastrophic outcomes. Their conversation challenges our understanding of morality and highlights the nuances of human behavior.
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SBF's Attitude Towards Risk
- Sam Bankman-Fried's flaw was his willingness to expose others to risk without consent.
- This was evident in his business, romantic life, and casual interactions, treating people as means to an end.
Disregard for Others' Time
- Michael Lewis shares how SBF's disregard for others' risk extended to personal interactions.
- Lewis recounts instances where SBF would change plans last minute without considering the impact on others.
Risk-Neutral Approach
- SBF used customer deposits without permission, viewing himself as risk-neutral.
- Venture capitalists were drawn to his risk-taking approach despite the inherent dangers.