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Larks comments on A question about Eliezer - Less Wrong
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No, if our current evidence suggests that AI is impossible, and does so sufficiently strongly to outweigh the large downside of a negative singularity, then trying to design a freindly AI is a waste of time.
Even if it turns out that your house doesn't burn down, buying insurance wasn't necessarily a bad idea. What is important is how likely it looked beforehand, and the relative costs of the outcomes.