It ignores many important aspect of human wellbeing:
1) preference to stay alive, even if it is unpleasant + some other preferences
2) time relation between observer-moments: e.g. short intense pain is not very important
3) non linear preferences about intensity of pleasure and pain. people could work a lot of time for short pleasure
4) social values (family), intellectual values (knowledge, diversity of experiences)
It ignores many important aspect of human wellbeing:
1) preference to stay alive, even if it is unpleasant + some other preferences
2) time relation between observer-moments: e.g. short intense pain is not very important
3) non linear preferences about intensity of pleasure and pain. people could work a lot of time for short pleasure
4) social values (family), intellectual values (knowledge, diversity of experiences)