336 sats \ 3 replies \ @elvismercury 21 Mar \ parent \ on: Million Sat Madness is a Keynesian Beauty Contest meta
You're right that I said that and posted on Thu bc of it, but @davidw did the actual research. I don't want to take credit for his work.
That's probably true. This reply will also be similarly dis-advantaged. My attitude, aside from moving that post to Thu, is generally to not think about any of this at all, and it makes me enjoy the SN experience a lot more.
I work in an industry where we offer incentives to people to do stuff, and the prevailing wisdom is similar to something someone said earlier in this convo, that people need to understand exactly how the incentives work, that they have to be dead simple, or people will complain. That may be true, and maybe in my industry we have to care about it, but I've always been tempted to say something like:
Our reward algorithm rewards you for making enduring contributions to SN. What that means is complicated, and is always changing, but if you add value, you'll be rewarded for it.
It would turn off people who were trying to maximize, surely. But is anyone really here mainly to earn sats? Or rather: is anyone really here for that reason that anyone would miss if they stopped coming? Honest question. I suppose unanswerable.
Our reward algorithm rewards you for making enduring contributions to SN. What that means is complicated, and is always changing, but if you add value, you'll be rewarded for it.
Very well stated. That's what I was trying to communicate to various people throughout these comments.
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Here’s the research post #441843 if interested. Thanks for the shoutout @elvismercury. I’m sure this is already evolving however, even since the post was made.
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I'll be very interested in a follow up, if anyone want to do the work.
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