> AGI will completely upend society by giving every human being access to practically infinite resources...But the idea that it is therefore "dangerous", is nothing but a pre-theoretic misunderstanding of very complicated machinery.
But to get at the harder question, I think you misunderstand the paperclip story. It's not supposed to be an general argument for the danger of AI, and the danger is not that people will design a machine which can be easily predicted to fail. The danger is that they will design one that fails for reasons they did not foresee, and the point of the paperclip story is just to illustrate that the simplicity and mundaneness of the goals you give a goal-driven AGI doesn't bound how bad the impact can be. This arises because of the monumental shift between (1) telling a machine explicitly what to do and (2) telling a machine what you want.
The paperclip example is used because we can understand both the goal (paperclips) and the action that produces the goal (grab atoms, build paperclip factories). Whats fundamentally different about an advanced goal-driven AGI arising from recursive self-improvement is that, for sufficiently difficult goals, you won't understand the actions. Therefore you must get the goals right.
Now you can certainly dispute whether people will build a goal-driven AGI (e.g. something that has an explicit utility function) rather than something else, but that's really an empirical question about the choices of the designers and, more importantly, what the easiest way to get an AI to recursively self-improve is.
EDIT: Also, have you read the book? I think it has flaws, but it certainly doesn't contain "the _most absurd_ arguments" so I'm just afraid you might be misled.