The latter is a part of the risk.

But yes, the former is a part of the risk too.

The issue is that the "We" you reference is going to change. And it will be, step by step, a series of positive moves, all culminating in a collapse of everything you care about. First, to court the new, "emotionally oriented" members of EA, you start hiring better marketers. Executives give way to industry-proven fundraisers. At every step, you get more effective at your purpose - and at each step, your purpose changes slightly. Until Effective Altruism becomes yet another Effective Fundraiser - and then, yes, people are put into research positions based on their ability to improve fundraising, rather than their ability to research charitable efforts.

All organizations are doomed, and that part will happen regardless. It's just a matter of timing.