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timtyler comments on Hacking the CEV for Fun and Profit - Less Wrong
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I can see why you might feel that way, if this was just a technical flaw in CEV that can be fixed with a simple patch. But I've been having a growing suspicion that the main philosophical underpinning of CEV, namely preference utilitarianism, is seriously wrong, and this story was meant to offer more evidence in that vein.
Whether preference utilitarianism is "right" or "wrong" would appear to depend on whether you are a preference utilitarian - or not.