In contrast, an agent that was an optimizer and had an unbounded utility function might be ready to gamble all of its gains for just a 0.1% chance of success if the reward was big enough.
Risk-neutral agents also have a tendency to go bankrupt quickly, as they keep taking the equivalent of double-or-nothing gambles with 50% + epsilon probability of success until eventually landing on “nothing”. This makes such agents less important in the median world, since their chance of becoming extremely powerful is very small.
Risk-neutral agents also have a tendency to go bankrupt quickly, as they keep taking the equivalent of double-or-nothing gambles with 50% + epsilon probability of success until eventually landing on “nothing”. This makes such agents less important in the median world, since their chance of becoming extremely powerful is very small.