1) The document argues that if advanced civilizations in the future have immense computing power, they will likely run vast numbers of simulations of human history and people.
2) It follows that if this is the case, we should think it more likely that we are living in such a simulation rather than being part of the original biological civilization.
3) Unless we think it improbable that an advanced civilization would run such simulations, or that our species will reach such a stage, we must consider it most likely that we are currently living in a computer simulation.