EA should not have any reputational issues. It is just people trying to figure out the best way to improve the world. What could be controversial about that?
Even before the whole FTX thing, EAs were being vilified on social media and even in academia. Is there some kind of psychological angle I am missing? Like a cognitive dissonance the critics are experiencing that they are not doing more, or some other kind of resentment?
Should we even care, or just try to ignore it and go about our business?
I think it is more important than ever that EA causes attract new mega donors, and it is going to be tougher to do that if EA has a negative public image, justified or not.
I am even embarrassed to use the words effective altruism anymore in conversation with friends and family. I would rather avoid the controversy unless it’s really necessary.
If these questions have already been addressed somewhere, I would appreciate any references.
This seems counterproductively uncharitable. Wall Street in particular and finance in general is perceived by many to be an industry that is overall harmful and has negative value, and that participating in it is contributing to harm and producing very little added value for those outside of high-earning elite groups.
It makes a lot sense to me that someone who thinks the finance industry is, on net, harmful will see ETG in finance as a form of ends justify the means reasoning, without having to resort to reducing it to a caricature of "money bad = Wall Street bad = ETG bad, it doesn't have to make sense".