Decide Kaplan: A person prepared to flip a coin as to the continued existence of life on earth. Mr. Bankman-Fried knew that Alameda was spending buyer funds on dangerous investments, political contributions and Bahamas actual property. The funds weren’t his to make use of
— Interior Metropolis Press (@innercitypress) March 28, 2024
That’s by way of Shiraz. Right here is my CWT with Sam Bankman-Fried, right here is the important thing passage:
COWEN: Ought to a Benthamite be risk-neutral with regard to social welfare?
BANKMAN-FRIED: Sure, that I really feel very strongly about.
COWEN: Okay, however let’s say there’s a recreation: 51 %, you double the Earth out elsewhere; 49 %, all of it disappears. Would you play that recreation? And would you retain on enjoying that, double or nothing?
BANKMAN-FRIED: With one caveat. Let me give the caveat first, simply to be a celebration pooper, which is, I’m assuming these are noninteracting universes. Is that proper? As a result of to the extent they’re in the identical universe, then possibly duplicating doesn’t really double the worth as a result of possibly they’d have colonized the opposite one anyway, finally.
COWEN: However holding all that fixed, you’re really getting two Earths, however you’re risking a 49 % likelihood of all of it disappearing.
BANKMAN-FRIED: Once more, I really feel compelled to say caveats right here, like, “How do you actually know that’s what’s taking place?” Blah, blah, blah, no matter. However that apart, take the pure hypothetical.
COWEN: Then you definitely carry on enjoying the sport. So, what’s the prospect we’re left with something? Don’t I simply St. Petersburg paradox you into nonexistence?
BANKMAN-FRIED: Properly, not essentially. Perhaps you St. Petersburg paradox into an enormously useful existence. That’s the opposite possibility.
COWEN: Are there implications of Benthamite utilitarianism the place you your self really feel like that may’t be proper; you’re not prepared to simply accept them? What are these limits, if any?
There are different gems, together with this one:
COWEN: By which respects have you ever introduced a authorized thoughts to your endeavors?
BANKMAN-FRIED: It’s turning into more and more necessary over time…
Beneficial.
