There's a gaping chasm between Effective Altruism the principle, and Effective Altruism as practiced by self-proclaimed Effective Altruists.
Your usage of the term is based on the principle as originally defined. Mine is based on the people who claim the label of EA, and how they go about practicing those principles.
I think you're right about EA in principle. In practice, it's reheated Third Way Clintonism with a sprinkle of AI apocalypse conspiracy.
There really isn't. All sorts of people call themselves EA.
For some self proclaimed EA, the development of superintelligence is indeed potentially apocalyptic, so they devote their money/time to making it arrive safely. This is basically every well-respected researcher at OpenAI, Anthropic, DeepMind, etc.
For other self proclaimed EA, that is all is very unlikely, and so they devote their time to reducing the prevalence of factory farming and animal suffering, as they see it as the largest source of suffering-hours on the planet.
For yet other EAs, it is simply about donating your money to the places that save the most lives per dollar, as best as we can measure it - and better measuring it where we can't.
Painting all EA with one brush - and one so dismissive of reasonable concerns, like "superintelligence could be dangerous" as "apocalypse conspiracy" - seems very strange to me, but you do you.