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Big Technology Podcast · Friday, July 31, 2026

Effective Altruism and Risk: A Discussion on Decision-Making Philosophy

The conversation delves into the philosophy of effective altruism, particularly its concept of 'expected value' calculations in decision-making. The analogy is drawn to Sam Bankman-Fried and the potential for such philosophies to lead to significant business risks.

personSam Bankman-Fried

The tape

3 quotes
And so, this is the second time in in in recent history where someone who comes from that sort of background, and the other one being Sam Bankman-Fried, uh, seems to have made, you know, big enough bets that make you think is this, uh, you know, a pretty, uh, disastrous way to think about your business.
No fraud here, as far as we know. He's not even negative. But, you know, I, you know, not a parallel blow-up, but it rhymes in a way.
Sam Bankman-Fried wasn't negative either. You know, he was the best investor of all time. If they didn't make him sell.
Heard on Big Technology Podcast — “Leopold Blows Up, OpenAI Drastically Cuts Prices, Microsoft’s Best Day, published Friday, July 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06