Well, for better or worse, markets are becoming increasingly dominated by "non-biological utility maximizers" - mostly hft bots, but now also llm-based reasoning agents.
replyActually there’s a literature on whether llms have the standard cognitive biases, via cultural inheritance….
replyThey're not necessarily maximising utility, just the number on the screen.
reply"Ahkchually the paperclip maximizer isn't maximizing [human] utility, just a dumb metric" isn't a particularly useful observation to make in the context of the world being gradually consumed by an army of nanobots.
replyThe utility monster has decided that numbers are more useful than products usable by humans.
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