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Will_Newsome comments on The UFAI among us - Less Wrong Discussion

1 Post author: PhilGoetz 08 February 2011 11:29PM

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Comment author: Will_Newsome 09 February 2011 11:58:53AM -3 points [-]

And yet it seems likely that your typical corporation, even your typical monopoly, does much more good for the world than a typical human would do with a similar amount of optimization power. Even billionaires who donate to charity probably don't generate as much utility for mankind as your typical aggressively run Chinese manufacturing company.

Comment author: PhilGoetz 14 February 2011 04:05:40AM 0 points [-]

Is this true if we compare corporations and people on a per-capitalization (or per-resource-ownership) basis? Maybe not, if we count the resources of the people making up the corporations.

Comment author: benelliott 10 February 2011 01:33:40PM 0 points [-]

This is quite non-intuitive, although I can see why it might be true. Do you have any evidence?

Comment author: Will_Newsome 10 February 2011 02:38:04PM -1 points [-]

I'm confused, and I would have to think very carefully about how to avoid double counting, and about coordinated decision problems, and blahhh. I'll read a good book on microeconomics in the next week and perhaps my intuitions will become better tuned.