Astral Codex Ten

Sam Bankman-Fried

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Sam Bankman-Fried

Article

Sam Bankman-Fried is a recurring person in the Astral Codex Ten archive, appearing 21 times across 21 issues between August 25, 2021 and January 21, 2026. The archive places it in contexts such as “profile of billionaire Sam Bankman-Fried”; “with guests including … Sam Bankman-Fried”; “crypto tycoon Sam Bankman-Fried donated $1 billion”. It most often appears alongside FTX, Twitter, Tyler Cowen.

Metadata

  • Category: People
  • Mention count: 21
  • Issue count: 21
  • First seen: August 25, 2021
  • Last seen: January 21, 2026

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

If You're So Smart, Why Aren't You Governor Of California?
August 25, 2021 · Original source
Maybe subjecting yourself to the misery of a campaign for a mere 10% chance of becoming governor isn’t worth it? I think this is true for a lot of people. But I’m reminded of this profile of billionaire Sam Bankman-Fried, which says:
Inline links: this profile
Book Review: The Scout Mindset
September 29, 2021 · Original source
Galef says not necessarily. Did you know that Jeff Bezos said outright he started off with a 30% chance Amazon would succeed, even going so far as to tell investors “I think there’s a 70% chance you’re going to lose all your money”? Or that Elon Musk said the odds of SpaceX working were “less than 10%”? Ethereum founder Vitalik Buterin said he’s “never had 100% confidence in cryptocurrency as a sector…I’m consistent in my uncertainty”. And since the book came out, I stumbled on this profile of billionaire Sam Bankman-Fried, which says he believed his chances of success “were only 20% to 25%”.
Inline links: this profile
ACX Grants Results
December 28, 2021 · Original source
Spencer Greenberg, $40,000, as seed money for his project to produce rapid replications of high-impact social science papers. Right now, when a new social science paper comes out, we often have to wait as long as several months to discover that it was false. Spencer and his team dream of a world where we can learn that almost immediately, soon enough that it's within the same news cycle and the journals involved feel kind of bad about it. This money will sponsor a pilot, after which he’ll be seeking additional funding - if you think you can help, you can reach him here. Spencer's been involved in rationality and EA about as long as either has existed, blogs at Optimize Everything, is the founder of ClearerThinking.org (which offers free digital tools related to rationality, decision-making and happiness) and runs the Clearer Thinking podcast, with guests including Daniel Kahneman, Tyler Cowen, and Sam Bankman-Fried.
Inline links: here, Optimize Everything, ClearerThinking.org, Clearer Thinking podcast, Daniel Kahneman, Tyler Cowen, Sam Bankman-Fried
22
July 12, 2022 · Original source
In February, crypto tycoon Sam Bankman-Fried donated $1 billion to the Future Fund, a rationalist-adjacent organization that kickstarts projects promoting the long-term future of humanity. When they couldn’t spend their money fast enough, they deputized friendly experts as “regrantors”, charged with the task of going out and spending their money to start organizations that should exist but don’t. One regrantor must have thought that good forecasting teams were in this category, because it looks like Future Fund spent $2 million making this happen. The result is the Swift Centre For Applied Forecasting in London. They describe themselves as:
Inline links: regrantors, spent $2 million making this happen, Swift Centre For Applied Forecasting
Highlights From The Comments On Billionaire Replaceability
September 22, 2022 · Original source
I think the political power of billionaires is vastly overestimated. I’ve talked before about how there’s very little money in politics because spending money on politics doesn’t work. Since then I think the case has gotten even stronger. Michael Bloomberg sunk in the 2020 primary despite having $50 billion dollars. And effective altruism tried to use $10 million of Sam Bankman-Fried’s money to get a biosecurity expert elected to Congress in Oregon. They were pretty smart about it: chose a district with no incumbent, found a really amazing candidate with an incredible personal backstory, pulled out all the stops. They spent the third most of any race in the country - about as much as it was possible to spend, I don’t know what else you could even spend the money on - and they lost by a landslide in the primary.
Inline links: talked before about how there’s very little money in politics because spending money on politics doesn’t work.
The Psychopharmacology Of The FTX Crash
November 16, 2022 · Original source
The best I can say for him is that he’ll probably get away with it, because the only injured party is Sam Bankman-Fried, and I assume Sam’s lawyers are busy right now.
Your Book Review: Lying for Money
May 26, 2023 · Original source
If Davies were working on a new updated version of the book, what would he add? I think the answer is fairly obvious: 2022 saw the collapse of one of the world's biggest cryptocurrency exchanges (FTX) after it was discovered that they had improperly been using customer deposits. FTX is currently going through bankruptcy, where filings seem to indicate that they owe at least $3.1 billion to roughly 1 million creditors, many of whom may not get their money back. FTX founder Sam Bankman-Fried (SBF) is facing an eight-count federal indictment including multiple counts of wire fraud, wire fraud conspiracy, and a charge of conspiracy to commit money laundering, among other charges.
Inline links: at least $3.1 billion to roughly 1 million creditors
Sam Bankman-Fried's origin story begins in a similar manner: his foray into cryptocurrency began with the Alameda Research trading firm, whose first mission was focused on an arbitrage opportunity that they discovered: the story, as SBF tells it, is that there was enough of a price differential between the price of cryptocurrency on US and Japanese exchanges that, if you were set up to trade in both markets, you could exploit the difference and make "free money."
What lessons would Davies hope for us to learn from the example of SBF? Partly, the saga of Sam Bankman-Fried seems like a parable about laundering reputation and credibility: if it's possible for people to buy respectability, then it's important to realize that crooks often control assets that they can use to buy respectability (even if the assets aren't theirs, strictly speaking). And at a certain point, the extra layers of respectability aren't really "earned" or even "bought" so much as picked up through sheer inertia.
Your Book Review: The Laws of Trading
July 21, 2023 · Original source
“Residential real estate has historically returned significantly below equity markets over long time horizons” But I’m not so sure that these lessons are directly applicable to other areas of life. Some of the best things in life come from lashing yourself to the mast, burning the boats behind you, willingly giving up liquidity. The deepest monogamous relationships are built from an irrational investment in one other person, saying “In sickness and in health, until death do us part.” How many scientific problems were solved because one person had an irrational willingness to: Just. Keep. Going. Sometimes it’s powerful to use the sunk cost fallacy to your advantage. Investing in relationships, subject matter expertise, even putting down roots via *gulp* homeownership reduces your liquidity, but also leads to some of the best (if intangible) things in life. 5: Edge If you can’t explain your edge in five minutes, you don’t have a very good one. OR The long-term profitability of an edge is inversely proportional to how long it takes to explain it. The Efficient Market Hypothesis is one of the core concepts taught in Finance 101. The Efficient Market Hypothesis is a lie. The person that better understands the nature of a small sliver of the world (e.g. Apple’s share price) will make more money than others. Modern financial markets are exceedingly competitive. This means that the bigger you think your edge is, the more likely it is that you’re wrong. “Evolutionary thinking applies quite directly when thinking about the evolution of markets. Having an edge in a mature market means understanding the world better than other traders, even ones who are already highly skilled. In fact, the marginal trader in modern financial markets is quite sophisticated and skilled indeed.” Lebron here warns us of getting too cute with data, of changing variables. Enough randomness will produce an “edge” that is likely to break down the second a trading strategy hits the real world. You can always find a statistical correlation if you change enough variables. But this is fundamentally the same problem facing the replication crisis in social sciences. Lebron argues that we need stories here. Edge is expressed in stories: an edge does not exist without a clear mental representation of that edge. Pure linear algebra does not suffice. I’m not so sure. It seems like AI companies are pushing forward technology in a way that suggests that mental representations are not the only path to intelligence. Lebron discounts “black box” trading strategies without much discussion of their potential merits. Are all of RenTech’s models explainable by a story? The firm is notoriously secretive, so I don’t know, but I’d guess not. “Frequently a good trade appears, has a seemingly insurmountable difficulty, and it is mere persistence that knocks down the final barrier. There may have been many others who looked at the idea, wanted to do it, but couldn’t get past that last hurdle.” Before Sam Bankman-Fried was the face of Why Effective Altruism is Bad, before he even founded FTX, he made money arbitraging the difference between Bitcoin prices on Japanese and American exchanges. I’m reminded of that trade here. It isn’t a particularly elegant trade, it doesn’t require deep technical knowledge or any models. It was a schlep. It was all operational work: figuring out how to open a Japanese bank account, transferring money between the US and Japan, standing in line for hours every day at both US and Japanese banks (presumably this wasn’t the same person). In as technical a field as trading, sheer willpower is often what gets things done in the end. 6: Models The model expresses the edge. Lebron drills into us that a model is the tool for expressing an edge. The model is not the edge. The model does not give us unique knowledge about the world. The map is not the territory. He dives into the difference between generative (G) and phenomenological (P) models. G models express a worldview and fit data into that way of thinking, whereas P models solely look at the empirical data to build a worldview. Models of the world differ from models of markets, though. Markets have quick feedback loops, are explicit in terms of what they measure, and are easy to quantify at a specific point in time. Most of our models for the world, though, are ill-defined and explicit. Models are only as good as our assumptions. As an aside, this is a common criticism of rationality or Effective Altruism – you can justify any worldview if you assign your model input weights in just the right way5. I also tend to think that “traditional” EA is overly dependent on P models, and doesn’t embrace the G models that led to economic reforms in India in the 1990s or the economic policies that led to rapid economic development in Southeast Asia in the second half of the 20th Century. Interestingly, I think a lot of longtermist EA, specifically AI alignment, leans the other way, relying on G models which explicitly assume a certain P(doom) and work backwards from there. (Though I won’t pretend to be an expert here or to understand everything, so take this with a grain of salt.) Overall, startups and tech seem to take heed to Lebron’s lesson much better than the folks hanging out on this part of the internet: “Even if a model makes good predictions about some future value or event, that knowledge is useless without also knowing how to take advantage of that prediction.” Now we get a bit philosophical. By acting, you change the nature of the market. Your model predicts things that might not be true as soon as you start trading (and changing the environment) based on it. When you’re right, everyone else sees the same trades that your model does and will beat you to them. When your model is wrong, others don’t act, meaning adverse selection rears its ugly head once again. So your model shows you with an edge, but in practice you only make the trades where you don’t have an edge. Lebron closes by arguing that G models are best for understanding other people, and are good in and of themselves: “You can also see connections to traditional moral philosophy in thinking about modeling the behavior of others. To have a good G model about someone else is to have some measure of empathy and compassion for that person: what they’re like, what they think and feel, putting yourself in their shoes. Pragmatically, developing the skill of empathy and compassion for others is, aside from a moral good in itself, an excellent way to understand better the people who surround you. More people working to develop good G models of others is surely a small step to a better world.” 7: Costs and Capacity If you think your costs are negligible relative to your edge, you’re wrong about at least one of them. This section of the book displayed a good amount of epistemic humility, words that I didn’t expect to be typing in the context of a book about trading. Lebron tells us that trades don’t exist independently in the universe — in the n-dimensional space of all possible trades seeking to optimize profitability, if you have a gigantic mountain of profitability, someone else has probably at least discovered the base. So you probably don’t have a profitable trade; rather, you are misunderstanding something about your trade. You’ve either overestimated profitability or underestimated cost. Lebron highlights four types of trading costs: [graph that didn’t show up correctly here: two axes and four quadrants, with the axes being visible ←→ invisible costs and linear ←→ nonlinear costs] Here, we’ll focus on Quadrant 4, where he highlights a few interesting phenomena. Herding. It’s likely that if you have a profitable trading strategy, either: Other firms discovered a similar strategy independently and/or
Inline links: replication crisis, RenTech’s, arbitraging the difference between Bitcoin prices on Japanese and American exchanges, 5
23: California Dreamin'
September 04, 2023 · Original source
Seen on the Praxis founder’s Twitter account. Milady is some kind of NFT thing, otherwise it makes as much sense to me as it does to you. But the other half of the paradox is the constant rumors that they’re competent and have some kind of good plan. These are spoken only in hushed whispers, I don’t know the details. But in 2021, they raised $4 million in a seed round from well-regarded venture capitalists whose investments usually make money. In 2022 they raised another $15 million in a Series A round from . . . okay, partly from Sam Bankman-Fried and Three Arrows Capital, two notorious crypto scammers. But you would think scammers would be extra careful not to invest their own money in scams! Also, they recently signed on David Weinreb, a completely normal (and well-regarded) city planner person. What’s the strategy that both involves both Milady Raves and lots of competent people agreeing you’re a good investment? One strategy is something like: buy some land somewhere. Build some houses and streets. Convince digital nomads to move there on the grounds that you are very cool and visionary. Do some cool and visionary seeming things, or at least throw some really good raves. Other digital nomads get jealous and move there too. Sell parcels of land to these people, get rich, pay back your investors. And then who knows, maybe create a new civilization that redefines what it means to be human. Consider Elon Musk. Elon Musk is good at certain business-related skills. But that’s not the essence of Elon Musk. The essence of Elon Musk is that he’s a Visionary who can bring the Glorious Future. We know this because he’s a crazy person who says stuff that doesn’t really make sense. When Elon Musk buys a company, its value goes up - maybe partly because people expect Musk to make good business decisions, but also partly because now the company is part of Musk’s Glorious Future, and therefore exciting. Employees, customers, and investors all get excited and reinforce each other in a virtuous circle. And although Musk might not always accomplish the exact Glorious Future future he promises, his companies do well and make money, because having motivated employees, star-struck customers, and willing investors is a great combination. Elon Musk has an aura of destiny because he succeeded at his first several companies. Dryden Brown of Praxis Society, lacking a Paypal Mafia to join, is trying to hack together an aura of destiny out of raves and angel-related videos. So far it seems to be going pretty okay. Prospera Sues Honduras For 2/3 Of Its National Budget To refresh: in the mid-2010s Honduras’ pro-market government created ZEDEs - businesses that bought up unoccupied land could start their own districts with their own preferred legal system in exchange for bringing in investment. The government knew businesses wouldn’t invest long-term if the next government could just cancel the agreement and seize all of their stuff, so they fortified the law with as much protection as possible. It would take a long constitutional amendment process to repeal, and ZEDE investors might be able to object to any changes under international investment treaties. Lured by these protections, three companies started ZEDEs, including a big high-profile one called Prospera. In early 2022, a socialist government took power, and started trying their best to destroy the ZEDEs. They started the constitutional amendment process (they seem to think they’ve finished it, but a Prospera rep I talked to believe they have to hold another vote by the end of this year, something I see no signs of them doing) and have been harassing and stonewalling existing ZEDEs. One ZEDE, Orquidea, shut down immediately. A second, Ciudad Morazan, seems to still be operating but I cannot figure out exactly how or why. Prospera has been most vocal in its opposition, and sued Honduras for $11 billion in the World Bank’s court of investment arbitration. (Prospera has only spent about $100 million so far, so it’s unclear why they deserve 100x that in penalties. Also $11 billion is “two-thirds of the 2022 Honduran national budget”, and forcing Honduras to pay it would cause national catastrophe. This might be more of a highball offer than a number they actually expect to get.) This article (poorly translated from Spanish, sorry) has the most information. It suggests Honduras believes they signed onto the investment treaties “with reservations”, ie conditional on being allowed to do things like shut down ZEDEs, and that therefore the suit is meaningless and they will not defend themselves. Although the magazine is on the government’s side of the overall issue, it suggests they didn’t actually sign on with reservations, that the country’s lawyers might just have no idea what they’re talking about, and that their bold strategy of refusing to defend themselves will not pay off. In contrast, Prospera has prestigious lawyers specializing in exactly this area, so things aren’t looking good for the government. Honduras seems to recognize this and is threatening to withdraw from ICSID, the international investment treaty that governs such disputes. This wouldn’t be completely unprecedented - Venezuela, Bolivia, and Ecuador have also done this. But ICSID rules say that withdrawing from ICSID, while it might help prevent future cases against you, doesn’t cancel existing cases, and wouldn’t protect Honduras against Prospera’s claim. (How would ICSID collect against Honduras if they lost? I don’t know, but I assume the global financial order has some way to make your life worse if you defy it.) I think everyone is hoping Honduras realizes that cancelling a flourishing economic zone that’s bringing lots of investment into the country at no cost to them - just isn’t worth taking an $11 billion loss, cancelling international treaties, and scaring off future investment. But who knows how these people think? In other Prospera news: Prospera announces another $36 million in recent investment, which I take as evidence that VCs with good lawyers and research departments also think its case is very strong.
Inline links: the Praxis founder’s Twitter account, raised $4 million in a seed round, raised another $15 million in a Series A round, recently signed on David Weinreb, To refresh:, harassing and stonewalling, sued Honduras for $11 billion, This article, threatening to withdraw from ICSID, Venezuela, Bolivia, and Ecuador have also done this, announces another $36 million in recent investment
Impact Market Mini-Grants Results
October 09, 2023 · Original source
The Kelly Bet is a formula for calculating what percent of your portfolio you should invest in any given investment opportunity to optimally balance exploiting good opportunities with not going broke off bad ones. It’s achieved notoriety recently as the thing Sam Bankman-Fried refused to do, with predictable results.
Inline links: the thing Sam Bankman-Fried refused to do
Open Thread 298
October 16, 2023 · Original source
The Rationalist revival has put wind into the sails of start-ups like Manifold Markets, which was initially funded by a grant program run by Astral Codex Ten, a Rationalist blog that has promoted prediction markets. (It also received $1 million from the FTX Future Fund, the philanthropic arm of the bankrupt crypto exchange whose founder, Sam Bankman-Fried, is a fan of prediction markets.)
In Continued Defense Of Effective Altruism
November 28, 2023 · Original source
The founders of Anthropic included several EAs (I can’t tell if CEO Dario Amodei is an EA or not). The original investors included Dustin Moskowitz, Sam Bankman-Fried, Jaan Tallinn, and various EA organizations. Its Wikipedia article says that “Journalists often connect Anthropic with the effective altruism movement”. Anthropic is controlled by a board of trustees, most of whose members are effective altruists.
Inline links: board of trustees
Son Of Bride Of Bay Area House Party
December 12, 2023 · Original source
“Have you read Going Infinite? The book on Sam Bankman-Fried? Not that I generally approve of Sam Bankman-Fried. It’s just that - the book says Sam tried to bribe Trump not to run in 2024. Apparently Trump was willing to do it for $5 billion. And again, not to say Sam Bankman-Fried was right or anything, but obviously if you have $5 billion and you’re a Democrat, then that’s the best use of your money, right? And not to say that I wish he was never caught and had gone on to become a multi-deca-billionaire, but, well, you know . . . “ he trailed off. “Anyway, I was reading about all these delicate negotiations between Sam’s people and the Trump team, and it was funny - here’s this guy who’s famous for creating markets, and he’s stuck with boring old Mk 1.0 backchannel negotiations. So I thought - what if there was an Amazon or an eBay for paying politicians not to run? We wouldn’t have to get Trump our first year. We could start with your local city council member - Aaron Peskin, someone like that. Lots of people would pay Aaron Peskin money not to run. Then we build up from there.”
Inline links: tried to bribe Trump not to run in 2024
Against Learning From Dramatic Events
January 16, 2024 · Original source
I’m part of the effective altruist movement. The biggest disaster we ever faced was the Sam Bankman-Fried thing. Some lessons people suggested to us then were:
Links For February 2024
February 29, 2024 · Original source
52: According to NYT, during his time in prison Sam Bankman-Fried has tried to convince the guards to buy the Solana cryptocurrency. In fairness to him, it’s gone up in value about 10x since his arrest. That means there’s some prison guard who got a hot tip from SBF to put his net worth in Solana, laughed because of course you don’t take investing advice from SBF, and then had to watch while as it dectupled in price over the next year.
Inline links: has tried to convince the guards to buy the Solana cryptocurrency
Your Book Review: Silver Age Marvel Comics
August 16, 2024 · Original source
None of #2 takes away from the fact that Stan Lee, Jack Kirby and Steve Ditko were brilliant storytellers that created innovations in the medium that had never been seen before I am going to start with my second point: How is it possible to say that storytelling is getting better? Michael Lewis’ book, Going Infinite, about Sam-Bankman Fried (founder of FTX and Alameda Research, and convicted of fraud in November 2023) was controversial mostly because Lewis suggested that Sam was a good hearted, misunderstood guy who wasn’t really doing anything wrong. But it was also controversial for a quote from Sam about William Shakespeare. Here is part of the original blog post by Sam: I could go on and on about the failings of Shakespeare and the constitution and Stradivarius violins, and at the bottom of this post I do*, but really I shouldn't need to: the Bayesian priors are pretty damning. About half of the people born since 1600 have been born in the past 100 years, but it gets much worse than that. When Shakespeare wrote almost all of Europeans were busy farming, and very few people attended university; few people were even literate--probably as low as about ten million people. By contrast there are now upwards of a billion literate people in the Western sphere. What are the odds that the greatest writer would have been born in 1564? The Bayesian priors aren't very favorable. This quote blew up and became the story of the day among the intelligentsia on Twitter. Was Shakespeare the greatest playwright? And if he was, what is the counter argument to Sam’s point. How could it be possible that the greatest writer of all time was born in a period when there were less than 3.5MM English speakers on the planet, and only about 20% were literate? Even if he was the best writer of the 700,000 writers of the time, how is it possible he is better than the ~1.5 BILLION literate native-level English speakers alive today? Sam’s point is that it would be highly unlikely. One explanation is that Shakespeare may not have been the best writer, but he was a very good writer (the best of his time), and that he was able to pick up the low hanging fruit of writing ideas. Once Shakespeare had written Romeo and Juliet, no one else could write Romeo and Juliet (well they could, but then they would be derivative of Shakespeare’s work). The idea here is that there are innovative ideas in storytelling (and all art). The writers and artists that come first have their pick of possibilities. As more art gets created it gets harder and harder to come up with new ideas. Meanwhile the old ideas, once created, are there to be used. Richard Hanania quotes Anne Gat in pointing out there are three ways to understand greatness: Intrinsic: He produced the best plays and sonnets by some objective standard. This can be in an elitist sense focusing on the impact his work has on the most refined among us, or a more “democratic” one where the same can be said for all humans.
Inline links: Going, Sam-Bankman Fried, original blog post, Richard Hanania, Anne Gat
Contra DeBoer On Temporal Copernicanism
September 10, 2024 · Original source
Second, those uniformly distributed across humans. This is what you might use to solve Sam Bankman-Fried’s3 Shakespeare problem - what’s the chance that the greatest playwright in human history is alive during a given period? Freddie sort of gets this far4, and provides a number: 7% of humans who ever lived are alive today5.
Inline links: Sam Bankman-Fried’s, 3, 4, 5
Congrats To Polymarket, But I Still Think They Were Mispriced
November 07, 2024 · Original source
But fine, suppose you did that. The median American has a net worth of $200K, but let’s say anyone who can do all that stuff is likely to be a rich techie with $1M. How much do you want to spend on this? If I understand the Kelly criterion right, it says to bet $166,000. But for everyone except Sam Bankman-Fried, this level of risk-tolerance, even on a +EV bet, feels insane. I’m not going to talk about my exact betting behavior because Polymarket is illegal in my country, but when I, uh, imagine doing this in Minecraft, then, in Minecraft, I bet $2,000.
Inline links: except Sam Bankman-Fried
Links For December 2024
December 17, 2024 · Original source
5: Nick Maggiulli: "My favorite story about Sam Bankman-Fried involves his time at Jane Street Capital where he built a system to get the 2016 US Presidential election results [a few minutes] before any mainstream media outlets...however, despite learning of a pending Trump victory before anyone else, Jane Street still managed to lose money on their trade because they [incorrectly thought a Trump win would be bad for] US markets."
Inline links: Nick Maggiulli
Links For December 2025
December 10, 2025 · Original source
No surprise that the humanities and social sciences shift people left; no surprise that business and economics shift them right. I was a little surprised that engineering shifts people right a little, and that Education of all things shifts people right (albeit only slightly). How is that even possible? Are these people coming in as Mao Zedong and leaving as “only” Leon Trotsky? Also, Political Science is exactly neutral, lol. [EDIT: I misunderstood, they’re using natural sciences as a zero point, this is a reasonable choice but slightly changes the interpretation] 40: Kindkristin: Language models improved my mental health. 41: More floor employment, from the WSJ (h/t @LaocoonofTroy): Big Paychecks Can’t Woo Enough Sailors For America’s Commercial Fleet: “Straight out of college, graduates from the country’s maritime academies can earn more than $200,000 as a commercial sailor, with free food and private accommodations... Despite the pay and perks, maritime jobs go begging, and it is raising national-security concerns.” Other selling points include “six months vacation, live wherever you want, and you’re serving the nation” and onboard “gyms, connectivity, and cuisine”. The catch is that you have to be at sea for months at a time. 42: Study (h/t @KierkegaardEmil): there was minimal “learning loss” from COVID school closures, best estimate is “0.02 standard deviations per 100 days of school closure”. I correctly predicted this back in 2021, but I also wrote in March of this year about how there’s been a general decline in NAEP scores since then. It seems like maybe a student having their specific school closed for longer than other schools didn’t hurt them, but some sort of general cultural change, maybe related to COVID, did hurt. 43: Sam Bankman-Fried’s mother on why she thinks his trial was unfair. SBF is appealing his conviction and will probably be making some of these same points in court. Can’t find a prediction market directly on the appeal, but this one says only 15% chance he serves under 10 years, this one says 15% chance of a Trump pardon, so it doesn’t seem like there’s much room for him to be freed (or get a significantly shorter sentence) on appeal. And Wired says that only 5-10% of appeals like these succeed. 44: Related: Trump pardons Juan Orlando Hernandez, former Honduran president extradited to the US for narco-corruption. Some sources are trying to find a Prospera angle - Prospera and other ZEDEs were approved under JOH’s administration, and the Prosperans seem to have good MAGAworld connections - but I don’t think this is their top priority, and I don’t know if it requires much explanation for Trump to be pro-right-wing Latin American politicians convicted by the Biden administration. More interesting is that apparently JOH and SBF were cellmates (X), “SBF spent extensive time helping JOH with trial prep” and SBF told an interviewer that “Juan Orlando is the most innocent prisoner I’ve met, myself included.” ChatGPT is not impressed with the Trump/SBF case for JOH’s innocence. Related: JOH’s conservative party on track to win this month’s extremely-close Honduran elections, great news for Prospera if it happens. 45: The “100 Above The Park” building in St Louis (h/t Bobby Fijan on X): 46: The death toll of the ongoing Sudan genocide has risen to about 150,000. Nicholas Kristof writes that the world has once again failed to prevent atrocities, and argues that the most important point of leverage is pressure on the United Arab Emirates, which is arming the genociders. Sam Kriss also writes about the situation in The World’s First Matcha Labubu Genocide, but is unimpressed with Kristof’s take: Sudan is passed over in a deeply uncomfortable silence. The absolute most you can do is blame the Emiratis. From what I’ve seen, more people seem to be appalled at the UAE for its frankly marginal role in arming the RSF than at the RSF itself. This is the approved way of understanding any inscrutably indigenous foreign conflict: you just worm out any third-party involvement and then act like you’ve solved the whole thing. I side with Kristof here, for reasons that Sam himself touches on later in his piece, in a section comparing Darfur with Gaza. It would be very easy to make people care about Darfur again. All it would take is a loud, vocal contingent of RSF apologists in the Western media. I agree, but would frame it less cynically: the reason Westerners pay attention to Gaza is that there’s a lever to push: not only does America support Israel, but many of their friends support Israel, so they can imagine convincing America or at least their friends to stop, and at least feel like there is some remote chance of making a small difference (and in fact, Trump getting mad at Israel and deciding to pressure them was decisive in effecting the cease-fire). On the other hand, we don’t have many levers to affect ethnic Baggara in the Rapid Support Forces of Sudan, so it doesn’t really feel useful to write blog posts arguing that they should stop; obviously they should stop, nobody disagrees with this, and it goes without saying - so nobody says it. But the US does support the UAE, and many of our friends like the UAE or at least go there on vacation, so maybe it’s possible to have make some small difference by embarrassing them. 4D chess take is that Sam Kriss agrees with all of this, but “loudly” and “vocally” argued against it to give people like me a hook to write about this genocide with, in which case I thank him for his sacrifice. It would also be nice to be able to donate, but I don’t know who to trust in the region - other than Doctors Without Borders, who are usually pretty good. 47: The AI Futures Project (group of AI-will-be-fast intellectuals) and the AI As A Normal Technology team (group of AI-will-be-slow intellectuals) wrote an adversarial collaboration in Asterisk explaining what they agree on, for example: That there’s an important distinction between existing AI and “strong AGI”
Inline links: as a zero point, Language models improved my mental health, floor employment, @LaocoonofTroy, Big Paychecks Can’t Woo Enough Sailors For America’s Commercial Fleet, Study, @KierkegaardEmil, correctly predicted this, wrote in March of this year, Sam Bankman-Fried’s mother on why she thinks his trial was unfair, appealing his conviction, this one, this one, Trump pardons Juan Orlando Hernandez, Some sources, JOH and SBF were cellmates (X), is not impressed, on track to win, Bobby Fijan on X, https://substackcdn.com/image/fetch/$s_!Gj0x!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd354a169-6127-4815-85b5-940414c632eb_603x900.jpeg, Nicholas Kristof writes, The World’s First Matcha Labubu Genocide, and in fact, Trump getting mad at Israel and deciding to pressure them was decisive in effecting the cease-fire, Doctors Without Borders, an adversarial collaboration in Asterisk explaining what they agree on
Highlights From The Comments On Scott Adams
January 21, 2026 · Original source
I have seen people try to walk this back by saying Adams only meant they would be persecuted in some way that was metaphorically equivalent to hunting, but I feel like “good chance you will be dead within the year” is saying he means the kind of hunting which literally kills you, and “police will stand down” means that it will be the sort of extremely illegal thing that police would normally react to. I have seen other people try to link this to examples of Republicans actually getting killed, such as Charlie Kirk. But Adams was telling his readers there was “a good chance” that “they” would be dead within a year, which I think implies this fate happening to a significant proportion of ordinary Republicans, not just one prominent person. Also, Kirk was five years after the comment was posted. Can we dismiss this as a joke? I think Adams has used the manipulation technique of saying things that might or might not be jokes and then strategically sticking to them or saying “What? Me? I was only joking! Haha! You can’t take a joke!” depending on which was more convenient to him at that exact second, enough times that I’m not comfortable letting him have that escape. Also, when I was replying to Joel Pollak about this, I happened to glance at his Twitter account, and one of the top tweets was a repost of someone saying that “The Democrat playbook is to arrest every single person who disagrees with them”. I think if I forced Pollak into some kind of extremely literal frame of mind - maybe asked him to bet money on whether I could tweet the words “the Democrats are wrong about immigration” in my Democrat-controlled state without getting arrested - he would admit that, okay, they don’t want to arrest literally every single person who disagrees with them. He was exaggerating for effect, probably in much the way he’s going to say that Scott Adams was exaggerating for effect. You say stuff like “The Democrats are going to HUNT YOU DOWN and LITERALLY MURDER YOU. They will TORTURE YOUR FAMILY and RAPE YOUR DAUGHTER and EAT YOUR PETS and TURN YOUR HOUSE INTO A CHURCH OF SATAN”, and what you mean is “I disagree with the Democrats and sometimes they go overboard cancelling people”. I have a post called If It’s Worth Your Time To Lie, It’s Worth My Time To Correct It. My thesis is that tolerating claims of “directional correctness” - the thing where someone asks to get a pass because even if they said wasn’t literally true, it “points to” an “emotionally correct” thing - is eventually totally corrosive. It means everyone ratchets up their claims to the highest level they think they can get away with (ie walk back later if challenged, as a motte and bailey). And then you end up with this miasma where maybe 5% of people totally believe you, and 50% of people sort of absorb the connotation and think something like that is true, and then people get terrified of the Democrats and think of them as monsters and treat politics as an existential struggle where they will genuinely get arrested or murdered unless they do it to the Democrats first, and then you get a civil war or something. I think Adams and Pollak’s milieu has in fact reached this point, and their love for these kinds of exaggerations is a big part of the cause. Adams was one of the funniest people in the world. If he was actually telling a joke, you could tell by the fact that you were laughing hysterically. “Democrats will hunt and kill you” isn’t funny. I’ll refrain from judgment about whether it was Adams’ sincerely held belief, some kind of annoying manipulation attempt, or whether Adams even recognized a difference between the two. But I think judging him on the fact that it didn’t happen is completely within bounds. … 3: Comments On The Substance Of The Piece … Zanzibar BuckBuck McFate writes: This business where boomers are tolerant of contradictions and find them amusing whereas millennials are horrified is a dynamic I've noticed as well, it seems to be true in politics also, I myself feel this hunger to be authentic all the time. I think it has something to do with the difficulty children have in putting negativity in context. They can't distinguish between a parent having a bad day and venting, or having an existential crisis. So the 50s guy was half right - you don't have to love your boss in your heart of hearts but careful what you say to your kids. Feral Finster writes: » “This is the basic engine of Dilbert: everyone is rewarded in exact inverse proportion to their virtue. Dilbert and Alice are brilliant and hard-working, so they get crumbs. Wally is brilliant but lazy, so he at least enjoys a fool’s paradise of endless coffee and donuts while his co-workers clean up his messes. The P.H.B. is neither smart nor industrious, so he is forever on top, reaping the rewards of everyone else’s toil. Dogbert, an inveterate scammer with a passing resemblance to various trickster deities, makes out best of all.” Compare with the famous observation that executives are sociopaths, management are clueless, and the workers losers. Yeah, it’s interesting to compare Rao and Adams. Rao formulated his Gervais Principle as a specific response to Adams’ Dilbert Principle, which I guess means Rao thought Adams got it wrong. Did he? The Pointy Haired Boss seems to go back and forth between Clueless and Sociopath, which is probably why Rao thought Adams’ work fell short. Dogbert is clearly Sociopath, but has no permanent role in the corporation, and doesn’t really represent a real thing you can be - his character was a ridiculous scammer who succeeded at near-impossible endeavours (like convincing people he was a Nostradamus-style mystical prophet) because the logic of the strip demanded it. Later, Adams foregrounded the CEO character more, maybe to create a purer Sociopath, letting the Boss go closer to Clueless. This is making me somewhat regret accusing Adams of wanting to be the Pointy-Haired Boss. It would have been fairer (and less of an accusation/surprise) to accuse him of wanting to be Dogbert. But again, Dogbert doesn’t represent a real thing you could be, which might have been why the PHB made a better metaphor. (contra my claim, the cover of Win Bigly shows a mashup of Dogbert and Trump. Fine, Dogbert is a thing one person can be.) You can read my full review of The Gervais Principle here. cincilator writes: Scott Alexander, former tribune of nerds now says that the sneerclub was right about everything all along? I didn’t expect that, let me tell you. Several people interpreted me as attacking nerds. I disagree - I think I was attacking self-hating nerds, because nerdiness is fine and you shouldn’t have to hate yourself for it. To spell it out more explicitly: All nerds must eventually realize they’re not going to immediately dominate everything by intellect alone. This isn’t because intellect isn’t great, it’s because 1) it’s only one of many skills, and 2) you probably aren’t even the person with the most intellect. Again, every mildly-talented person has to face this realization, whether it’s a nerd realizing he won’t be the next Einstein or a jock realizing he won’t be the next LeBron. If someone deals with this using denial (one of Freud’s maladaptive defenses), you get the nerd who says no, I really am the next Einstein, ie a crackpot, aka the sort of person who gets featured on Sneerclub. If they deal with it using reaction formation (another of Freud’s maladaptive defenses), you get the self-hating nerd, aka the sort of person who joins Sneerclub4. If they just deal with it maturely instead of spinning up maladaptive defenses against it, they’re a nerd who is hopefully good-natured and accepting of their nerdiness, and hopefully does some good work in some specific small area, and changes the world in some specific small way (or some very large way, if they can work together with other people and get lucky). Bugmaster writes: I think Adams is basically correct. Yes, facts and evidence do exist and are real; but they have virtually no impact on anything socially important -- i.e., on anything important whatsoever. Memes and charisma and persuasion are what matters if you want to achieve life goals that extend beyound yourself and your immediate family. I worry that Adams (and you) are doing something where unless the average person can solve every problem by facts and intelligence alone, then facts+intelligence lose and memes and persuasion win. But the average person also can’t solve every problem by memes+persuasion alone! If Dilbert is an 80th percentile nerd, the 80th percentile persuader is - I don’t know, a used-car salesman? Dilbert’s probably earning more money, especially nowadays when he could make L5 at Google. And if Donald Trump is a 99.9999th percentile persuader, the 99.9999th percentile nerd is Ilya Sutskever. Probably most people would slightly prefer being Trump to Sutskever, but Sutksever does have a couple billion dollars, plus the more ethereal rewards of genius; it still seems like a pretty good deal. I also think you’re doing a sort of black-and-white thinking here. Every day, great persuaders like Sam Bankman-Fried and Elizabeth Holmes end up in jail, because in fact the things that they said were true were not true. Every day, smooth-talking charismatic manipulators successfully seduce the girl into bed with them, then totally fail to turn it into a happy stable marriage, because after a few years even the dumbest woman catches on and figures out whether her mate provides real value or not. Even Donald Trump has only a 37% approval rating, because he can’t make “we should alienate our allies over Greenland” sound plausible to most of the American people. When someone’s very good at it, persuasion sometimes helps them blur facts around the edges. But that’s it. Nobody except Scott Adams and a few psychotherapists ever go to hypnotist school. Most don’t even go to any formal persuasion classes. That’s because hypnotism/persuasion isn’t really a lifehack that helps you win all the time at everything. If the world’s best hypnotist asked a room of VCs for money with a stupid business plan, he would probably fail. This isn’t to say persuasion is useless, and in certain fields it can be very powerful indeed. But let’s not go crazy and start worshipping it. The grass is always greener on the other side. The nerd sits in his cubicle and thinks “If only I were more charismatic.” But the salesman with the bright teeth and the firm handshake thinks “Man, I bet I could get out of this dead-end job if only I were smarter.”5 … 4: The Part On Race And Cancellation (INCLUDED UNDER PROTEST) … Ilya Lozovsky writes: Ninety percent of this essay is brilliant — smarter and realer than anything anyone else has written about Adams — but the end lost me. It's too generous, to the point of being a whitewash. Adams was vicious and hateful and played a material role in convincing Americans to vote for actual fascism. I don't think it's right to "hand it to him." JJ McCullough (JJM’s Shortstack) writes: Good essay, but I think you kinda yadda-yadda'd away his racist rant, which was extremely explicit and extended. I think it was the opposite of a "bog-standard cancellation," which we think of as being a slightly unfair, overzealous policing of an at least slightly subjectively offensive comment, often from years ago. But Scott went on quite a long diatribe about why black people, as a group, are dangerous and undesirable to be around, and why he, personally, goes out of his way to avoid them. Some conservatives have tried to use "bog-standard" anti-woke logic in defending him, but no, his comments really are quite explicitly and undeniably racist, if that term has any useful definition at all. Alex Wotbot writes: Now, you quoted Adams saying: “the best advice I would give to white people is to get the hell away from black people; just get the fuck away” If this was the intended point, does it really make sense that only the far-left freaked out? It’s kind of important to mention this was within a hypothetical. Suppose a survey reported that 26% of a population believes “The phrase ‘It’s OK to be blonde’ is hate speech” and another 21% weren’t sure if they agree with the statement or not. Now suppose you were blonde, would you hang around that population? Now go read the February 2022 Rasmussen Reports survey. Please do better than this, I don’t want to have to Gell-Mann memoryhole this. Many people had strong opinions on this, so I have to respond to it. But first, I want to make it extra clear in capital letters: I AM DOING THIS IN THE COMMENTS POST, TO RESPOND TO YOUR COMMENTS, AND NOT BECAUSE I THINK IT IS THE MOST IMPORTANT THING. Certain people screenshotted the one paragraph of my ten thousand word essay that discussed this and posted it on Twitter, in order to make it look like I was joining in some kind of chorus of liberals reducing Adams to his worst moment. I posted what I thought was a no-nonsense, factual description of what happened, in order not to be accused of hiding it or covering it up. It was the least important part of my essay, I’m aware that writing about it at all opens me to attack from both sides, and I discuss it here only to respond to all of you who wanted to know my opinion on it. Just don’t screenshot it on Twitter and say “LOOK SCOTT IS STILL HARPING ON THE RACE THING”, that’s all I’m asking. That having been said… To make sure we’re all on the same page - Adams’ comments were prompted by this poll, conducted February 2023. The question was: “Do you agree or disagree with this statement: ‘It’s OK to be white’” Among blacks, 53% agreed, 26% disagreed, and 21% were “not sure”. Among whites, the numbers were 81/7/13. Here’s the video of Adams’ comments: Transcript: If nearly half of all blacks are not okay with white people - according to this poll, not according to me - that’s a hate group. And I don’t want to have anything to do with them. And I would say, based on the current way things are going, the best advice I would give to white people is to get the hell away from black people. Just get the f**k away. Wherever you have to go. Just get away. Cause there’s no fixing this. This can’t be fixed. You just have to escape. That’s what I did. I went to a neighborhood with a very low black population. Because unfortunately, there’s a high correlation between the density - this is according to Don Lemon, here I’m just quoting Don Lemon, who said when he lived in a mostly black neighborhood, there were a bunch of problems he didn’t see in white neighborhoods. So even Don Lemon sees a big difference, for your quality of living, based on where you live and who’s there. So I think it makes no sense whatsoever as a white citizen of America to try to help black citizens anymore. It doesn’t make sense. Because there’s no longer a rational impulse. And so I’m… I’m gonna, uh, I’m gonna back off from being helpful to black America, because it doesn’t seem like it pays off. Like I’ve been doing it all my life, and I’ve been… the only outcome is I get called a racist. That’s the only outcome. [cackles] It makes no sense to help black Americans if you’re white… it’s over. Don’t even think it’s worth trying. Totally not trying. Is this racist? I have a piece called Against Murderism, where I talk about why it’s so hard for people to agree on questions about “racism”. The summary: although it would be possible to have someone be purely, axiomatically racist - having it be a premise of their reasoning that they hate black people - in practice few people are like this. More typically, people have some argument more like: I don’t like [specific bad thing]
Inline links: https://substackcdn.com/image/fetch/$s_!KA_U!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa2cb6162-0262-4c4c-8048-e8355f38967a_900x280.gif, If It’s Worth Your Time To Lie, It’s Worth My Time To Correct It, writes, writes, the famous observation that executives are sociopaths, management are clueless, and the workers losers, The Gervais Principle, writes, 4, writes, 5, writes, JJM’s Shortstack, writes, writes, this poll, Against Murderism