AndrewH comments on An observation on cryocrastination - Less Wrong

9 Post author: AndrewH 22 July 2009 08:41PM

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Comment author: taw 22 July 2009 09:05:50PM 7 points [-]

Expressing lifetime or otherwise long term cost in terms of "cost per day" is insulting to readers' intelligence and is an extremely dishonest attempt at making things appear cheaper than they really are. Please never ever do this. Even worse is pretending life insurance costs stay the same for life.

Now the real costs are between $25,000 and $155,000 in addition to annual membership fees, signup fees, transportation fees after death etc. That's how much you have to save during your lifetime to get cryopreserved.

Of course you can get life insurance, but by the basic laws of economics, amount of money you can expect to pay for your life insurance is higher than

You pay $10 a month now that you're young and healthy, but it will get steeply higher once you're old and sick (assuming insurance company doesn't do any tricks, decides to terminate your insurance once you get sick, falls out of business etc.), so that the expected cost to you gets above the amount of money you get from insurance.

Comment author: AndrewH 22 July 2009 10:30:45PM 0 points [-]

Now the real costs are between $25,000 and $155,000 in addition to annual membership fees, signup fees, transportation fees after death etc. That's how much you have to save during your lifetime to get cryopreserved.

The real costs per day of not bothering to optimized how you purchase food also add up over time. Most people I would be willing to bet could save quite a substantial amount of money with some careful thought and planning simply in how they purchase food. $7 a week over an average lifespan is $27,000.

The point of cryonics is that just a bit of optimization gives you a potential second chance at life if you screw up somewhere (sneeze when driving for example), given reasonable probabilities over the chances of dying, the likelihood of successful cryopreservation and revival, that amount of money is ridiculously cheap.

Comment author: taw 23 July 2009 01:27:16AM 1 point [-]

If I estimate their chance of success at let's say 0.1% (still very optimistic considering that it never worked even once so far), expected value of such life equal to value of my current life, and the total cost is around $200,000 (freezing, membership, sing up, transportation, overhead of insurance company), that means I value my life at $200,000,000. I'm pretty sure I don't do many other things that could save my life that have much higher cost to chance of succeeding ratio.

Comment author: AndrewH 23 July 2009 02:21:01AM 0 points [-]

Well, there are a great many factors I am glossing over, but if you are pessimistic about cryonics to that degree, you are probably pessimistic about other future technologies like medical and anti-aging technologies. You will die eventually unless actuarial escape velocity occurs when you are alive. Assuming this is not the case, if you don't have cryonics you wont take advantage of the future indefinite lifespans humans will possess, old age will kill you.

You could very well be worth more than 200 million, you just need to live long enough!.