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The paperclip maximizer will be an ad click maximizer.
Clarification: Since so much research goes into building models that maximize advertising results (even being the reason Google started building TPUs), an ad click maximizer is the most likely case of blatant outer alignment failure from a poorly chosen objective.
Only during the early phases. Once it has sufficient capital (power, resources), it won't need to. well-modeled by https://www.decisionproblem.com/paperclips/ .
My point is that since so much research goes into building models that maximize advertising results, an ad click maximizer is the most likely case of blatant outer alignment failure. Ad clicks will be its end goal.