每日英語跟讀 Ep.K491: FTX’s Collapse Casts a Pall on a Philanthropy Movement
In short order, the extraordinary collapse of the cryptocurrency exchange FTX has vaporized billions of dollars of customer deposits, prompted investigations by law enforcement and destroyed the fortune and reputation of the company’s founder and CEO, Sam Bankman-Fried.
It has also dealt a significant blow to the corner of philanthropy known as effective altruism, a philosophy that advocates applying data and evidence to doing the most good for the many and that is deeply tied to Bankman-Fried, one of its leading proponents and donors. Now nonprofits are scrambling to replace millions in grant commitments from Bankman-Fried’s charitable vehicles, including the FTX Future Fund, whose grant recipients’ work includes pandemic preparedness and artificial intelligence safety.
Through a nonprofit called Building a Stronger Future, Bankman-Fried also gave to groups including news organizations ProPublica, Vox and the Intercept.
In a note to staff members Friday, ProPublica’s president, Robin Sparkman, and editor-in-chief, Stephen Engelberg, wrote that the remaining two-thirds of a $5 million grant for reporting on pandemic preparedness and biothreats were on hold. “Building a Stronger Future is assessing its finances and, concurrently, talking to other funders about taking on some of its grant portfolio,” they wrote.
Bankman-Fried’s fall from grace may have cost effective altruist causes billions of dollars in future donations. For a relatively young movement that was wrestling over its growth and focus, such a high-profile scandal implicating one of the group’s most famous proponents represents a significant setback.
Effective altruism focuses on the question of how individuals can do as much good as possible with the money and time available to them.
In a few short years, effective altruism went from a somewhat obscure corner of charity favored by philosophy students and social workers to a leading approach to philanthropy for an increasingly powerful cohort of millennial and Gen-Z givers, including Silicon Valley programmers and hedge fund analysts.
Facebook and Asana co-founder Dustin Moskovitz and his wife, Cari Tuna, have said they are devoting much of their fortune to effective altruist causes.
“I don’t know yet how we’ll repair the damage Sam did and harden EA against other bad actors,” Moskovitz wrote in a tweet Saturday. “But I know that we’re going to try, because the stakes remain painfully high.”
莫斯科維茨周六發推文說：「我還不知道我們將怎樣補救山姆造成的傷害，並強化有效利他主義對抗其他壞人，但我知道我們會嘗試，因為一旦失敗風險高到令人痛苦。」Source article: https://udn.com/news/story/6904/6793867