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Decius comments on Does the simulation argument even need simulations? - Less Wrong
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So you attach some measure of utility to the statement 'Humanity still exists', and then attach a probability to humanity existing outside of your light cone based on the information available; if humanity is 99% likely to exist outside of the cone, then the additional disutility of wiping out the last human in your light cone is reduced by 99%?
And the disutility of genocide and mass slaughters short of extinction remain unchanged?
Yeah, that sounds like what I meant.