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Wei_Dai comments on What resources have increasing marginal utility? - Less Wrong
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Matter, if negentropy translates to utility by more than its square root, for example if negentropy translates linearly to increased lifespan and/or population, and we value lifespan/population linearly as well.
I'm guessing that most people do not realize the above, and therefore underestimate just how high the maximum utility of the universe can be.