Ah, but suppose subsistence wages plummeted as in Hanson’s em hell scenario? Ln $100 merely shows that ‘the poor also smile’ and the utility-maximizing thing is quadrillions of impoverished minds!
Allowing us to refute the repugnant conclusion. Quadrillions of minds with $(1+e). We should start a campaign to use very large currency units in preparation for the Singularity.
Ah, but suppose subsistence wages plummeted as in Hanson’s em hell scenario? Ln $100 merely shows that ‘the poor also smile’ and the utility-maximizing thing is quadrillions of impoverished minds!
If we continue to use Utility=ln($) then utilities go infinitely negative as you approach zero :).
Allowing us to refute the repugnant conclusion. Quadrillions of minds with $(1+e). We should start a campaign to use very large currency units in preparation for the Singularity.