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This paper concerns the ethics and morality of algorithms and computationalsystems, and has been circulating internally at Facebook for the past coupleyears. The paper reviews many Nobel laureates' work, as well as the work ofother prominent scientists such as Richard Dawkins, Andrei Kolmogorov, VilfredoPareto, and John von Neumann. The paper draws conclusions based on such works,as summarized in the title. The paper argues that the standard approach tomodern machine learning and artificial intelligence is bound to be biased andunfair, and that longstanding traditions in the professions of law, justice,politics, and medicine should help.

An optimizable scalar objective value cannot be objective and should not be the sole objective