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PhilGoetz 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.
But that's not what this post is about. Eliezer is examining a different branch of the tree of possible futures.