Not sure, so let me phrase differently: I consider a universe with a larger number of people all leading interesting, fulfilling, diverse lives as intrinsically more valuable than a universe with a smaller number of such people; e.g., I consider a universe of size googolplex containing 10^15 such people to be more valuable than a universe of size googol containing 10^12 such people. I don't at all feel like an FAI should choose the second option because it has a much larger fraction of (fulfilling lives per slots in the universe where a fulfilling life could be).