wwa comments on How long will Alcor be around? - Less Wrong

30 Post author: Froolow 17 April 2014 03:28PM

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Comment author: James_Miller 17 April 2014 04:20:18PM 20 points [-]

For-profit companies have more incentives than Alcor does to take risks that deliberately expose themselves to the risk of bankruptcy. When a company goes bankrupt it's assets (and often many of its obligations) are not destroyed, rather they are often transferred to another organization.

Comment author: wwa 17 April 2014 06:52:48PM 7 points [-]

Frozen people are liabilities, not assets.

Comment author: James_Miller 17 April 2014 07:06:01PM 1 point [-]

Yes, but if a company has assets then in bankruptcy often both it's assets and some of its liabilities get transferred. Say Alcor goes bankrupt and a judge has to decide what to do with Alcor's bodies and its assets. The judge would be more likely to give the assets to an organization that was likely to preserve the bodies.

Comment author: wwa 17 April 2014 07:31:13PM *  6 points [-]

Assuming somebody would want to take over a bankrupt company with liabilities as nasty as not-quite-dead humans. The liabilities of a bankrupt cryo company would vastly exceed the assets. Also, you can't get rid of those liabilities, not even part of them, in any way which isn't a PR disaster.

Comment author: Lumifer 17 April 2014 07:53:39PM 1 point [-]

with liabilities as nasty as not-quite-dead humans.

Actually, these are very-much-dead humans, with the proviso that in the future it's possible they might become undead, erm, I mean resurrected, erm, I mean not by Jesus, erm, you know what I mean :-D