I'm reminded of this part of The Moral Void.
If you believe that there is any kind of stone tablet in the fabric of the universe, in the nature of reality, in the structure of logic—anywhere you care to put it—then what if you get a chance to read that stone tablet, and it turns out to say "Pain Is Good"? What then?
Maybe you should hope that morality isn't written into the structure of the universe. What if the structure of the universe says to do something horrible?
And if an external objective morality does say that the universe should occupy some horrifying state... let's not even ask what you're going to do about that. No, instead I ask: What would you have wished for the external objective morality to be instead? What's the best news you could have gotten, reading that stone tablet?
Go ahead. Indulge your fantasy. Would you want the stone tablet to say people should die of old age, or that people should live as long as they wanted? If you could write the stone tablet yourself, what would it say?
Maybe you should just do that?
I mean... if an external objective morality tells you to kill people, why should you even listen?
Imagine that the universe is approximately as it appears to be (I know, this is a controversial proposition, but bear with me!). Further imagine that the many worlds interpretation of Quantum mechanics is true (I'm really moving out of Less Wrong's comfort zone here, aren't I?).
Now assume that our universe is in a situation of false vacuum - the universe is not in its lowest energy configuration. Somewhere, at some point, our universe may tunnel into true vacuum, resulting in a expanding bubble of destruction that will eat the entire universe at high speed, destroying all matter and life. In many worlds, such a collapse need not be terminal: life could go one on a branch of lower measure. In fact, anthropically, life will go on somewhere, no matter how unstable the false vacuum is.
So now assume that the false vacuum we're in is highly unstable - the measure of the branch in which our universe survives goes down by a factor of a trillion every second. We only exist because we're in the branch of measure a trillionth of a trillionth of a trillionth of... all the way back to the Big Bang.
None of these assumptions make any difference to what we'd expect to see observationally: only a good enough theory can say that they're right or wrong. You may notice that this setup transforms the whole universe into a quantum suicide situation.
The question is, how do you go about maximising expected utility in this situation? I can think of a few different approaches: