AI Titans' Wealth Poised to Fuel Effective Altruism Comeback

The effective-altruism (EA) movement, influenced by the 2022 arrest of Sam Bankman-Fried, is looking forward to a revival fueled by AI-generated wealth, especially from Anthropic. Dario Amodei, the CEO, along with the co-founders, has committed to donating 80% of their wealth, while employees will contribute up to 25% of their shares. With a valuation of $965 billion, Anthropic could potentially raise over $86 billion for charitable causes after its IPO, surpassing Bankman-Fried's commitments. This, combined with the $130 billion from the OpenAI Foundation, could revolutionize philanthropy, according to Matt Lerner of Founders Pledge. Meanwhile, Lighthaven in Berkeley acts as the EA center, though concerns about opportunists and rapid wealth remain, prompting Anthropic to label the EA term as 'outdated.'