personally I think it's more financially predatory, but in an indirect way
I first ran across yud when a guy I know in the bay area pointed me at the singularity institute for artificial intelligence, which later became miri; it was very clear that it existed for the purpose of fundraising
the next year I started semi-reading lesswrong for the sole reason that my friend hal finney had posted about his als diagnosis there. never had an account tho
it was around this time I started joking that it'd be real funny when their "agi" gets popped with a parsing vuln. (still is!)
anyway, I watched ea develop far enough to get a bunch of true believers, then a concerted multi-year effort on miri's part to convert the believers to ai doomerism
I admit it's been an effective (har!) way to get money but I think a lot of people are willingly blind to who their altruism benefits
I sort of can't not compare it to the development of langsec, especially since the two fields came into being around the same time and both have the academic-outsider founder effect thing going on
we've probably made less money directly than their scheme but I think we've made it more honestly
ieee is really chill to work with and they do a stellar job of logistics, which is nice because we don't need a staff svengali, which is absolutely how nate soares portrays himself and damn that weirds me out
it's also always weirded me out how blithely disinterested in peer review they all are