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Effective altruisme is a smoke screen term to make legislators and the public believe that tech companies have humanities best imterest at heart. It's just to prevent legislators from imposing legislative controls on the industry by making them believe that they have things under control... When they obviously dont.

Self regulation of industries has never worked and never will.

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> Effective altruisme is a smoke screen term to make legislators and the public believe that tech companies have humanities best imterest at heart.

I think it's a smoke screen term to convince wealthy people they have humanity's best interest at heart—pretty trivially. I find it impossible to believe that anyone else believes this.

You forget people who are convinced that they are wealthy, and then are convinced that they have humanity's best interest in part.

This describes many who fell for crypto Ponzi schemes. Who were convinced that buying into the Ponzi scheme made them rich, and the world a better place.

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