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Scott Alexander on Sam Bankman-Fried, FTX and Effective Altruism

astralcodexten.substack.com

I made this a top level post because I think people here might want to discuss it but you can remove it if it doesn't meet your standards.

Edit: removed my opinion of Scott from the body

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How did they end up running a multi-billion dollar crypto empire?

Ambition, conscientiousness, and a thirst for working long and hard hours are all necessary factors. Moreso than intelligence.

No one factor is sufficient by itself though. You need all of them, plus luck, plus the right connections.