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srn347 comments on Some scary life extension dilemmas - Less Wrong Discussion
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I'm not sure I get it. What I inferred from your first comment was that it is not irrational to be averse to risky ventures, even if the probabilities seem beneficial. Or to put it another way, the Endowment Effect is not irrational. I am starting to think the Endowment Effect might be responsible for a lot of the hesitancy to engage in lifespan gambles.
I find this idea disturbing because it might imply that once someone reaches the age of 30 you should (if you can) kill them and replace them with a new person who has the same utility function about their lifespan.
If consequentialism were that straightforward that repugnant conclusion might hold. Killing anyone who reaches age 30, though, would diminish the utility of everyone's lives more significantly than the remaining years they'd lose, for they'd also have the disutility of knowing their days were numbered (and someone would have the disutility of knowing they'd have to perform the act of killing others). Also, one's life has utility to others as well as oneself. If everyone were euthanized at age 30, parenthood would have to begin at age 12 for children to be raised for a full 18 years.