The downfall of the world’s most famous adherent of the Effective Altruism (EA) movement, FTX co-founder Sam Bankman-Fried, was a cataclysmic astroid strike, dismantling one of Effective Altruism’s leading institutions and leaving the movement in ruins. After Bankman-Fried’s 2023 fraud conviction , and his broader heel turn, it’s become common to see people speak about effective altruism in the past tense, as if it’s a dead religion or a fad that simply ran its course.

But a new article in the Financial Times makes the case that, thanks to some well placed AI investment dollars, EA is back.

Effective Altruists are basically high earners who…

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