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DilGreen comments on Magical Categories - Less Wrong
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Early AIs are far more likely to be built to maximise the worth of the company that made them than anything to do with human hapiness. E.g. see: Artificial intelligence applied heavily to picking stocks
A utility function measured in dollars seems fairly unambiguous.
A utility function measured in dollars seems fairly unambiguously to lead to decisions that are non-optimal for humans, without a sophisticated understanding of what dollars are.
Dollars mean something for humans because they are tokens in a vast, partly consensual and partially reified game. Economics, which is our approach to developing dollar maximising strategies, is non-trivial.
Training an AI to understand dollars as something more than data points would be similarly non-trivial to training an AI to faultlessly assess human happiness.