One issue with SMI and what is known as "The Control Problem" is that you are trying to come up with rules for something that is not just smarter than you, but is 'vastly' smarter than you, and in fact the entire human race put together.

You are basically trying to figure out a way to 'in-effect' cheat a god, which in relation to us, yes that is basically what it would be. An SMI is pretty much the definition of a god (and a possibly crazy greek god as well).

The idea that something like that would turn the universe into paper-clips, is somewhat silly and most of the arguments along these lines discount that "S" part of the whole thing.

What is the answer..

There is none.