If Professional Investors Missed this | Jeff Kaufman – Background: Last month, the cryptocurrency exchange FTX collapsed, because its founder Sam Bankman-Fried had apparently been dipping into customer funds. Bankman-Fried had a lot of ties to the EA movement so I was curious what EA folks were saying about it. EA is not happy about it, and in fact they are directly impacted, with many promised charity grants now gone. There’s a question of whether EA ought to have seen the red flags, and the answer is maybe yes, maybe no.
From an external perspective, it looks like EA is being pretty naive about allowing billionaires to use their movement to launder their own reputations. And Bankman-Fried should have been suspicious from the start, as a cryptogrifter who places a lot of focus on AI risk. Perhaps it was impossible to foresee quite how far Bankman-Fried’s nefariousness extended, but it feels like this was a “reap what you sow” situation.
Penises, Privilege, and Feminist & LGBTQ+ Purity Politics | Julia Serano – Serano outlines a theory of how sex is seen as a contamination event, and describes its impact on bisexual and trans people. I also appreciated the explanation of “cultural feminism”.