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Premium – 291. The Trial of Sam Bankman-Fried (ft. David Z. Morris) (Patreon)

Published:
2023-10-23 22:41:13
Imported:
2026-06
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Content

We are joined by David Z. Morris, a crypto journalist who has been covering the trial of Sam Bankman-Fried. We hear from David about what’s been revealed and made clear during the trial as major witnesses from FTX give testimony — and we learn that the cult of personality around SBF, and his interpersonal manipulation of others, really was much deeper and darker than people realized.

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

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Comments

Ijon Tichy

I have a possible, partial, explanation for the whole "make big bets" part of the SBF psyche[1]. Most of the Less-Wrong-style Rationalists I met at the time where I was running into them were _obsessed_ with the many-worlds interpretation of quantum mechanics. (Similar in scope and style to their obsession with "we are living in a simulation"). That's not _that_ weird in isolation, but these people were pretty doctrinaire that it was the _only_ valid interpretation[2]. If you take that premise, and apply false rigor and real sloppiness (great line David!) you come to the conclusion that you make big bets because a 1 in 100 chance of making $1M _creates_ one version of you with the $1M. Is that what SBF was thinking? Maybe? He could have gotten there from a comic misinterpretation of some other projection of research science onto pop science, but I strongly suspect that the big bets approach came from that sort of dumb smart guy style thinking. [1] Either that or I'm reading _way_ too much into the thing that I personally found the most idiotic about Less-Wrong-style Rationalists in 2012. [2] I was in a physics department at the time, and there weren't a lot of physicists amongst the LW crowd from what I saw. That may just be me though.