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mwengler comments on Problem of Optimal False Information - Less Wrong
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Comments (113)
Given a choice between the largest utlity less than 0 and the smallest utility greater than 1, would you still pick the largest?
I think this is a trivial counterexample to your "in pretty much any circumstance" that turns it back in to a live question for you.
It's not a counterexample: it's the reason I didn't say "in any circumstance." And nor does it turn it back into a live issue; it's equally obveous in the opposite direction.