Previously, I wrote about my concerns surrounding the Keynesian Beauty Contest nature of Stacker News: #473181. Check that out for context.
Now, I'd like to add some thoughts about why I'm hopeful that we can sustain a culture of authenticity in the face of the perverse incentives those contests have.
Repeated games are different
The most important element that I didn't touch on in the previous post is that most of us don't just use Stacker News once and abscond with our rewards. We come back over and over again.
That matters for the incentives because we aren't just guessing today's beauty contest winner, we're signaling who tomorrow's contestants should be. If you're zapping posts that you don't like, just because you expect them to do well, then you're going to have more posts like that to look at in the future and fewer of the ones you do want to look at.
Eventually, I imagine inauthentic zappers will lose interest in a site that only offers content that's valuable to other people.
Authenticity optimizes global trust
Our votes in this beauty contest are weighted by our global trust score, which is something like our propensity to zap content that is valued by others. It's based on our individual trust scores with every other stacker, though, and this is what got me thinking about this post.
When you zap inauthentically, you may get more rewards today, but you are also increasing the trust scores of those who also zap that way and decreasing the scores of those who share your authentic preferences.
Alternatively, if you zap authentically, then you will elevate those who share your preferences and give more weight to their votes in the future. This incentivizes such people to be on Stacker News at all.
TLDR
Long-term, being authentic actually maximizes your voting power on Stacker News and will result in being maximally rewarded for zapping your favorite content.
That's in addition to the direct effect of incentivizing people to make more content that you like.
Zap true and Stacker News will become the place you want it to be.
Some other posts about using SN well
(Just hover over links to see the post titles)
As always, zap well.