timtyler comments on Why an Intelligence Explosion might be a Low-Priority Global Risk - Less Wrong
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I view this as one of the single best arguments against risks from paperclippers. I'm a little concerned that it hasn't been dealt with properly by SIAI folks - aside from a few comments by Carl Shulman on Katja's blog.
I suspect the answer may be something to do with anthropics - but I'm not really certain of exactly what it is.
Katja's blog post on the topic is here.
The claim that the argument there is significant depends strongly on this - where I made some critical comments.