Perplexed comments on Put all your eggs in one basket? - Less Wrong
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You are still missing my point. The insanity has to do with utilities farther out in the future, not events farther out in the future. 'Insane' people and AGI's care about those utilities, care a lot. Me, and most other people, not so much.
Most people will worry about the happiness of their grandchildren, few really care about their great^n grandchildren when n rises to double-digits. And even if they do care about future generations on a par with the next one, they probably normalize for population size so that they don't think that future generations collectively are more important than current ones.
The utilities you would calculate are not big enough for "normal" people to worry about? This is the end of the human race in a few decades we are talking about - right?
If you ignore the possibility of "insane" astronomical waste, that would still be a matter of some concern to many - no?