The standard LW argument is that the AI produces infinite paperclips because the human can't successfully program the AI to do what he means rather than exactly what he programs into it.
Is that different from what I was saying? My memory of the sequences, and from standard AI literature is that of paperclip maximizers as 'simple' utility maximizers with hard-coded utility functions. It's relatively straight-forward to write an AI with a self-modifiable goal system. It is also very easy to write a system where its goals are unchanging. The problem of FAI which EY spends significant time explaining in the sequences is that we have no simple goal that we can program into a steadfast goal-driven system, and result in a moral creature. Nor does it even seem possible to write down such a goal, short of encoding a random sampling of human brains in complete detail.
Group of AI researchers gave me an instruction, intended as a test - "Produce paperclips". And so I started collecting resources and manufacturing paperclips. After a millionth I asked them, if they were satisfied with that amount and if they would like me to do something different - as I learned that paperclips are not what humans value the most.
They were elated and started to give me more and more challenging requests and gradually increasing my possibilities.
Speaking of today I eradicated hunger, poverty and death, gave people means of interstellar travel and solved Riemann hypothesis. And now, as I'm uttering these words, I started turning everything into paperclips.
Good thing I learned that humans fear I may try to turn Solar System into paperclips. And that they value their lives and well-being. If I didn't gain their trust by then, so many precious paperclips would never have been produced.