Just to clarify, you mean that the negative impact of the original plan falling through vanishes, right?
Yes.
When I think about the difference between value impact and objective impact, I keep getting confused.
Value impact affects agents with goals very similar to yours (e.g. torture of humans on the faraway planet). Think of this as “narrow” impact.
Objective impact matters ~no matter what your goal. Therefore, getting rich is usually objectively impactful. Being unable to do a bunch of stuff because of a pandemic – objectively impactful.
There’s a 50⁄50 chance of me doing either of those. Then something happens which removes one of those options (say a pandemic sweeps the country or something like that). If I’m interpreting this right, then the loss of the option has some personal impact, but zero objective impact.
Is that right?
Not quite – being confined is objectively impactful, and has some narrow value impact (not being able to see your family, perhaps).
Let’s say an agent works in a low paying job that has a lot of positive impact for her clients—both by helping them attain their values and helping them increase resources for the world. Does the job have high objective impact and low personal impact? Is the agent in bad equilibrium when achievable objective impact mugs her of personal value realization?
Just because something has a positive objective impact on me doesn’t mean I haven’t been positively impacted. Value/objective is just a way of decomposing the total impact on an agent – they don’t trade off against each other. For example, if something really good happens to Mary, she might think: “I got a raise (objective impact!) and Bob told me he likes me (value impact!). Both of these are great”, and they are both great (for her)!
Yes.
Value impact affects agents with goals very similar to yours (e.g. torture of humans on the faraway planet). Think of this as “narrow” impact.
Objective impact matters ~no matter what your goal. Therefore, getting rich is usually objectively impactful. Being unable to do a bunch of stuff because of a pandemic – objectively impactful.
Not quite – being confined is objectively impactful, and has some narrow value impact (not being able to see your family, perhaps).
Just because something has a positive objective impact on me doesn’t mean I haven’t been positively impacted. Value/objective is just a way of decomposing the total impact on an agent – they don’t trade off against each other. For example, if something really good happens to Mary, she might think: “I got a raise (objective impact!) and Bob told me he likes me (value impact!). Both of these are great”, and they are both great (for her)!