Toby's main point was that we should avoid naive utilitarianism (eg don't be simple maximisers, pay attention to common sense morality). In particular, he emphasised character. Idea seemed to be that if SBF had had better character, FTX blow up would have been avoided.

I welcome a re-emphasis of character, but we don't stop crimes, or run societies well, just by encouraging people to have more integrity! We have systems, governance, policing, etc.

The problem with FTX was that it was tight-knit group of idealistic, inexperienced people with loads of money and no guardrails. I don't see how exhorting SBF to be a good chap would have changed things.

The issues for FTX - inexperience, lack of governance - are tangible in the EA movement too. All the central EA orgs are run under the umbrella of the effective venture foundations, which has a really confusing structure. https://forum.effectivealtruis...

Charity trustees are accountable to no one, yet EVF speaks for the whole movement. Where are the public discussions about what EA should learn from FTX? Where are the plans to add or improve transparency, accountability, democracy, governance? That's what I hoped Toby would raise

The lesson EA should learn, IMO, from its many recent crises, is that we can't and shouldn't expect people to be angels. As the saying goes, don't let a crisis go to waste. I don't see EA learning from what's happened. There needs to be more than a focus on integrity.