Really the Paperclip Maximizer bugs me as an example for all of the wrong "missing the point" reasons like Buridan's Ass in that a donkey wouldn't starve to death between two equidistant hay piles.
Anyone who sets it up to maximize raw output of very simple commodities is doing things incredibly wrong economically in the first place. They would go out of business in the first place paying for storage costs alone - let alone the access of everyone else to counter the rogue self-replicating.
It would be admittedly silly as an objection for the metaphor if not for the fact people really do believe AI would be that way.