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by dhfromkorea 2569 days ago
It would have been more interesting if they could share deeper, nuanced arguments for setting wealth as the objective function. Sure, wealth past a certain point admits a lot of freedom---but what next beyond that point? But the utility function over wealth (x: wealth, y: utility) is sub-modular in nature. When the curve gets flat, what metric must one use to measure her life's worth? Is there even one as such? Having followed their opinions for quite some time, I know they must have some good opinions on these...
2 comments

I imagine when you get to that point you focus in transforming x into y or just produce y independent of x.
Usual not, though. People get stuck on X, or just squandering it on expensive luxury.
He has covered these issues with more detail and nuance. For example, see his recent two hour interview on the Joe Rogan podcast. The point is achieving happiness. He's quite philosophical about this, give his material a try.