Here’s the summary for the wikipedia article you mentioned in your comment:
Effective altruism (often abbreviated EA) is a 21st-century philosophical and social movement that advocates “using evidence and reason to figure out how to benefit others as much as possible, and taking action on that basis”. People who pursue the goals of effective altruism, sometimes called effective altruists, may choose careers based on the amount of good that they expect the career to achieve or donate to charities based on the goal of maximising positive impact. They may work on the prioritization of scientific projects, entrepreneurial ventures, and policy initiatives estimated to save the most lives or reduce the most suffering.: 179–195 Effective altruists aim to emphasize impartiality and the global equal consideration of interests when choosing beneficiaries. Popular cause priorities within effective altruism include global health and development, social inequality, animal welfare, and risks to the survival of humanity over the long-term future. The movement developed during the 2000s, and the name effective altruism was coined in 2011. Philosophers influential to the movement include Peter Singer, Toby Ord, and William MacAskill. What began as a set of evaluation techniques advocated by a diffuse coalition evolved into an identity. With approximately 7,000 people active in the effective altruism community and strong ties to the elite schools in the United States and Britain, effective altruism has become associated with Silicon Valley and the technology industry, forming a tight subculture.The movement received mainstream attention and criticism with the bankruptcy of the cryptocurrency exchange FTX as founder Sam Bankman-Fried was a major funder of effective altruism causes prior to late 2022. Within the Bay Area, it received criticism for having a culture that has been described as toxic and sexually exploitative towards women, which led to conversations inside the community about how to create an environment that can better prevent and fight sexual misconduct.
wantd2B1ofthestrokes@discuss.tchncs.de 10 months ago
Effective altruism is something that sounds good in principle, and I still think is good in general though can kind of run out of control.
Sam Bankman Fried was someone who at least claim to follow this philosophy. The issue being that you can talk yourself into doing bad thing in the name or earning money that you would then donate much of.
And more generally get into doing “long term” or “big picture” good while also doing a lot of harm. But hey the ends justify the means.
Again, I think the principle of being a lot more calculated in how we do philanthropy is a huge good thing. But the EA movement has had some missteps and probably needs to be reigned in a bit.