Effective altruism hit the spotlight in late 2022 when one-time crypto billionaire Sam Bankman-Fried became the movement’s most well-known supporter. But it had been around since the 2010s. The idea, which was spawned by a handful of philosophers at Oxford University and then spread like wildfire through college campuses, was to improve on traditional approaches to charity by taking a more utilitarian approach to giving. Instead of volunteering at a homeless shelter, for instance, you could help more people by working at a high-paying job like a hedge fund, making lots of money, and then
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