Key points from article :
Oxford University shut down the Future of Humanity Institute (FHI) after 19 years of operation.
FHI was led by Nick Bostrom, known for his work on long-termism and AI threats.
Elon Musk was a supporter of FHI and donated £1m to the institute.
The closure follows scandals involving racism, sexual harassment, and financial fraud within the effective altruism movement.
Bostrom resigned after resurfacing of a racist email he wrote decades ago.
Critics argue long-termism disregards current problems like climate change.
FHI faced administrative difficulties within Oxford's philosophy department.
University acknowledges FHI's contribution but will continue research elsewhere.
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