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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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Yes, but this is what happens when you are conned. You feel betrayed for trusting someone or something only to realize that your bullshit detector isn't as good as you thought it was. The cognitive dissonance when you are forced to change paradigms is a personal struggle, but not something that changes the world in any way, only your perception of the world.

The goodness in the world isn't going to diminish because effective altruism turned out to be bullshit, only Scott's belief in the goodness in the world.