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CronoDAS comments on A Master-Slave Model of Human Preferences - Less Wrong
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Not really; there are plenty of environments in which you get status by being really good at math. Didn't Isaac Newton end up with an awful lot of status? ;)
Not enough people get status by being good at math to remotely justify the number of people and level of talent that has gone into getting good at math.
Math also has instrumental value in many fields. But yeah, I guess your point stands.