I don’t think it’s necessarily true that if we listen to “doomers” we get sensible policy. And it’s probably more likely we get regulatory capture.
But there does exist a sensible middle ground.
I actually think they are correct to bring up the potential upside as something we should consider more in the moral calculus. But the of course it’s taken to a silly extreme.
Effective altruism is something that sounds good in principle, and I still think is good in general, though can kind of run out of control.
Sam Bankman Fried was someone who at least claimed to follow this philosophy. The issue being that you can talk yourself into doing bad things (fraud) in the name or earning money that you would then donate much of.
And more generally get into doing “long term” or “big picture” good while also doing a lot of harm. But hey the ends justify the means.
Again, I think the principle of being a lot more calculated in how we do philanthropy is a huge good thing. But the EA movement has had some missteps and probably needs to be reigned in a bit.
Funnily enough Wiki quotes Altman as one of the critics.