Working on a requirements document for a superintelligent paperclip maximiser. This is hard.
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So I put in my BRD that the product should maximise the expected value of the number of future paperclips, but they said something I didn't understand about fat tails and unstable estimates.
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Do we want to maximise the expected value of the number of paperclips, or the expected value of the logarithm of the number of paperclips? Boss is worried the former will lead to excessively risky "long shot" strategies.
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