Vulture comments on Moloch: optimisation, "and" vs "or", information, and sacrificial ems - Less Wrong Discussion
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Am I the only one who didn't feel like the central Moloch concept was hard to reach? As I understand it, "Moloch" just refers to a specific kind of coordination failure, in which participants in a competitive market-like environment "defect" by throwing their own values under the bus, to no ultimate gain besides a temporary positional advantage over those who do not do so. Obviously this phenomenon can create/contribute to various eschatological attractor basins, of the paperclip-tiles/disneyland-with-no-children sort; without the "Moloch" concept it might be non-obvious that/why a marketplace of agents with human values could end up in such a situation.