pull down to refresh
259 sats \ 6 replies \ @justanumber 20 Mar \ on: Million Sat Madness is a Keynesian Beauty Contest meta
I was super excited when I found SN but was disappointed by the zapping incentives. I quickly learnt how the system could be gamed due to being rewarded for "zapping top posts and top comments early". This affects user behaviour in a negative way, prompting them to zap based on their prediction of what might benefit them rather than zapping good content regardless of who has posted/commented. I have mentioned this several times in the past. It's pretty much what you are saying here.
IMO SN need to find a genuine and equitable model that rewards users for zapping content that is genuinely good and not just because a particular user posted it (something which is denied but is blatantly obvious to some of us) or just remove it entirely and rely on people zapping each other accordingly for good content and engagement. I don't like MSM and chose not to get myself caught up in it (I wrote about why previously). My engagement definitely went down on SN because of the above points. I'm just so tired of mainstream social media models and, whilst I'm being manipulated in these ways, I don't feel I've left big tech manipulation. I guess the issue is SN is it's VC funded and they want to see ROI, so I'm skeptical as to whether an equitable, non-user-manipulative model will be found and implemented - but I remain hopeful.
This one of the memes I made for the monday comp. I think I got about 2 sats for it 🤣🤣 rather a waste of my time but hey ho.. I made my point LOL
reply
The problem of how to evaluate quality independent of revealed consumer preference (price) is a vexing issue for economists. Value is subjective and therefor so is quality. I think any attempt to identify good posts, other than something like what SN does, will just be the devs imposing their preferences for content.
reply
Sorry I'm not following you. SN devs don't decide what's good or bad. I'm talking about what individual users zap. "We" the users decide what we zap based on our own independent free thought (or that's how it should be). What I'm saying is our independent free thought has been hijacked when "incentives" are introduced. Incentives change people's behaviour. This is what SN is doing - nudging, manipulating and changing people's behaviour. Of course, one of the problems here is the term I have used myself here, which is "user". We are not "users" we are unique individual people. I have a huge issue with this as we already live in one massive mind-programming/manipulation psyop starting from birth, thru school, fiat job schemes, tv, media etc......
reply
I was responding to this line:
find a genuine and equitable model that rewards users for zapping content that is genuinely good
I think nostr gives us a glimpse of what we'd get without the incentives on SN. There are always incentives, just like there's always an algorithm, and they all have their own consequences.
reply
ahh I see, my bad, I'm tired and about to hit the sack. When I said "zapping content that is genuinely good" I meant zapping content that people themselves think is genuinely good - rather than zapping what they think will get them the most rewards.
reply
We agree that that's the goal. I was pointing out that this is a common and generally unresolved problem in a bunch of settings. Our best available signal of what's good is what people pay for.
reply