Tech IPOs could deliver tens of billions to effective-altruist philanthropy

Tech IPOs could deliver tens of billions to effective-altruist philanthropy

Anthropic and OpenAI's IPO filings target $1 trillion valuations, potentially unlocking tens of billions for effective altruism—the movement's largest wealth concentration since FTX. This wealth concentration raises governance risks: if EA repeats FTX mismanagement, trust in AI company leadership—and AI industry credibility—suffers significantly.