That’s exactly why it’s important to clarify this. The position is that the entire value of the future has no more than a 50% weight in your utility function, not that each unit of future value is worth 50% as much.
That’s exactly why it’s important to clarify this. The position is that the entire value of the future has no more than a 50% weight in your utility function, not that each unit of future value is worth 50% as much.