Ross Taylor on alignment: CRRA-style risk aversion makes RL agents dislike ruin

rosstaylor90 · x · 2026-10-27

Ross Taylor shares a direction his team is exploring: RL objectives with long-term goals and risk aversion may matter for alignment beyond financial settings. In practice they use a CRRA formulation tuned between risk-neutral and Kelly, giving RL agents that 'dislike ruin' without halting training to avoid it — something they haven't publicly discussed before.

Related event: Researcher: Use CRRA Instead of Kelly for Ruin-Averse RL(3 posts)→

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