Nornagest comments on Two questions about CEV that worry me - Less Wrong
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Even if individual differences in fundamental goals are not extended to other people as imperatives, they imply that the ability of a coherent extrapolated volition scheme to satisfy individual preferences must be limited.
Depending on the size of those differences, this may or may not be a big deal. And we're very likely to have fundamental social goals that do include external imperatives, although masochism isn't one.