| 1) We probably shouldn't take anything that can be used to manipulate at face value. 2) As far as I understand it, EA actually is a very, very simple concept that ultimately states that 'doing good in some ways is better than others' aka some things make us 'feel good' but may not be effective. Literally 'be effective'. 3) EA in practice can be a secular kind of moral signalling and personal brand washing. You can't use religion to be huckster anymore so much (FYI I support religion, it's just that it can be easily appropriated), or rather, the 'My Pillow Guy' does but that's to a more limited audience, so 'EA' can be used for the same purposes among the white collar culturally secular masses. Which is how it was used at FTX. Like anything we should be thoughtful and skeptical about all of it, try to put things in context, don't accept wild claims at face value and be perennially wary of people who just 'talk' about things as opposed to 'doing' them. Narratives, idol making, lack of skepticism are the problem here. Incidentally, there's an individual who brought evidence to Bloomberg about FTX months ago and they avoided it partly due to fear of lack of access - and - a conflict of interest with advertising. Such is the power of money with tentacles. Same thing for major geopolitical powers with money and leverage. |