Squark comments on Friendly AI ideas needed: how would you ban porn? - Less Wrong
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The way I expect AGI to work is receiving a mathematical definition of its utility function as input. So there is no need to have a "construction". I don't even know what a "construction" is, in this context.
Note that in my formal definition of intelligence, we can use any appropriate formula* in the given formal language as a utility function, since it all comes down to computing logical expectation values. In fact I expect a real seed AGI to work through computing logical expectation values (by an approximate method, probably some kind of Monte Carlo).
Of course, if the AGI design we will come up with is only defined for a certain category of utility functions then we need to somehow project into this category (assuming the category is rich enough for the projection not to lose too much information). The construction of this projection operator indeed might be very difficult.