3min chapter

The Gray Area with Sean Illing cover image

Peter Singer on his ethical legacy

The Gray Area with Sean Illing

CHAPTER

The Importance of Utilitarianism

The St. Petersburg Paradox assumes that you can infinitely increase well-being, but in our practical everyday decisions, of course, we can't do that. So at least when you're talking about repeating this bet that you have a 49% chance of losing several times, as you say, you're virtually certain to wipe out humanity and lose everything. That's crazy. And how that reflects back on the initial bet is another question. I'm not going to be able to answer that one.

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