In terms of expected utility, it is better for "you" (that is, all linked instances of you) to take the gamble, even if the vast majority of light-cones don't contain simulations.
It is not the case if the money can be utilized in a manner with long term impact.
No it isn't meaningless: chances simply become operationalised in terms of bets, or other decisions with variable payoff.
This doesn't give an unambiguous recipe to compute probabilities since it depends on how the results of the bets are accumulated to influence utility. An unambiguous recipe cannot exist since it would have to give precise answers to ambiguous questions such as: if there are two identical simulations of you running on two computers, should they be counted as two copies or one?
Incidentally, in terms of original modal realism (due to David Lewis), "you" are a concrete unique individual who inhabits exactly one world, but it is unknown which one. Other versions of "you" are your "counterparts". It is usually not possible to group all your counterparts together and treat them as a single (distributed) being, YOU, because the counterpart relation is not an equivalence relation (it doesn't partition possible people into neat equivalence classes). As one example, imagine a long chain of possible people whose experiences and memories are indistinguishable from immediate neighbours in the chain (and they are counterparts of their neighbours). But there is a cumulative "drift" along the chain, so that the ends are very different from each other (and not counterparts).
UDT doesn't seem to work this way. In UDT, "you" are not a physical entity but an abstract decision algorithm. This abstract decision algorithm is correlated to different extent with different physical entities in different worlds. This leads to the question of whether some algorithms are more "conscious" than others. I don't think UDT currently has an answer for this, but neither do other frameworks.
You weren't born believing in the many worlds interpretation (or in modal realism) and if you are a normal human being you most likely regarded it as quite outlandish at some point. Then some line of evidence or reasoning caused you to shift your opinion (e.g. because it seemed simpler, or overall a better explanation for physical evidence). If it shifted one way, then considering other evidence could shift it back again.
If we think of knowledge as a layered pie, with lower layers corresponding to knowledge which is more "fundamental", then somewhere near the bottom we have paradigms of reasoning such as Occam's razor / Solomonoff induction and UDT. Below them lie "human reasoning axioms" which are something we cannot formalize due to our limited introspection ability. In fact the paradigms of reasoning are our current best efforts at formalizing this intuition. However, when we build an AI we need to use something formal, we cannot just transfer our reasoning axioms to it (at least I don't know how to do it; meseems every way to do it would be "ingenuine" since it would be based on a formalism). So, for the AI, UDT (or whatever formalism we use) is the lowest layer. Maybe it's a philosophical limitation of any AGI, but I doubt it can be overcome and I doubt it's a good reason not to build an (F)AI.
...As one example, imagine a long chain of possible people whose experiences and memories are indistinguishable from immediate neighbours in the chain (and they are counterparts of their neighbours). But there is a cumulative "drift" along the chain, so that the ends are very different from each other (and not counterparts).
UDT doesn't seem to work this way. In UDT, "you" are not a physical entity but an abstract decision algorithm. This abstract decision algorithm is correlated to different extent with different physical entities in d
The 'Irrationality Game' posts in discussion came before my time here, but I had a very good time reading the bits written in the comments section. I also had a number of thoughts I would've liked to post and get feedback on, but I knew that being buried in such old threads not much would come of it. So I asked around and feedback from people has suggested that they would be open to a reboot!
I hereby again quote the original rules:
I would suggest placing *related* propositions in the same comment, but wildly different ones might deserve separate comments for keeping threads separate.
Make sure you put "Irrationality Game" as the first two words of a post containing a proposition to be voted upon in the game's format.
Here we go!
EDIT: It was pointed out in the meta-thread below that this could be done with polls rather than karma so as to discourage playing-to-win and getting around the hiding of downvoted comments. If anyone resurrects this game in the future, please do so under that system If you wish to test a poll format in this thread feel free to do so, but continue voting as normal for those that are not in poll format.