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James_Miller comments on Utility is unintuitive - Less Wrong Discussion
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(2) is a good point. But on (1) before I give you the $5 don't I at least have to make an assumption or calculation about the probability of such a bad state existing? If I'm allowed to consider numbers of 3^^^3 magnitude for my utility can't I also assign the probability of (your being Omega and such a bad state exists) of 1/3^^^3 ?
(2) turns out to fail as well, see the modified original post.