Based on the abstract, it's not worth my time to read it.
Abstract. Insanity is doing the same thing over and over and expecting a different result. “Friendly AI” (FAI) meets these criteria on four separate counts by expecting a good result after: 1) it not only puts all of humanity’s eggs into one basket but relies upon a totally new and untested basket, 2) it allows fear to dictate our lives, 3) it divides the universe into us vs. them, and finally 4) it rejects the value of diversity. In addition, FAI goal initialization relies on being able to correctly calculate a “Coherent Extrapolated Volition of Humanity” (CEV) via some as-yet-undiscovered algorithm. Rational Universal Benevolence (RUB) is based upon established game theory and evolutionary ethics and is simple, safe, stable, self-correcting, and sensitive to current human thinking, intuitions, and feelings. Which strategy would you prefer to rest the fate of humanity upon?
Points 2), 3), and 4) are simply inane.
Upvoted, agreed, and addendum: Similarly inane is the cliche "insanity is doing the same thing over and over and expecting a different result."
This thread is for discussing anything that doesn't seem to deserve its own post.
If the resulting discussion becomes impractical to continue here, it means the topic is a promising candidate for its own thread.