Consequentialist comments on Beyond the Reach of God - Less Wrong

66 Post author: Eliezer_Yudkowsky 04 October 2008 03:42PM

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Comment author: Consequentialist 04 October 2008 08:40:50PM 2 points [-]

What I don't understand is that we live on a planet, where we don't have all people with significant loose change

A) signing up for cryonics B) super-saturating the coffers of life-extensionists, extinction-risk-reducers, and AGI developers.

Instead we currently live on a planet, where their combined (probably) trillions of currency units are doing nothing but bloating as 1s and 0s on hard drives.

Can someone explain why?

Comment author: jasonmcdowell 20 October 2010 09:13:01AM 4 points [-]

Alas, most people on the planet either: 1. haven't heard of cryonics / useful life extension, 2. don't take it seriously, 3. have serious misunderstandings about it, or 4. reject it for social reasons.

I'm timidly optimistic about the next two generations.

Comment author: AnthonyC 13 December 2015 06:43:19PM 1 point [-]

"trillions of currency units are doing nothing but bloating as 1s and 0s on hard drives"

This seems very unlikely. Most people with significant savings have it invested in stocks, bonds, or other investments - that is, they've given it to other people to do something with it that they think will turn a profit. Of the money that is sitting in bank accounts, most of it is lent out, again to people planning to actually do something with it (like build business, build houses, or buy things on credit).