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But much like ratings systems are actually used as approval/disapproval systems, such a system would instead come to represent ‘what is the most profitable mode
by FooHentai 6y ago
But much like ratings systems are actually used as approval/disapproval systems, such a system would instead come to represent ‘what is the most profitable moderation’. Such a market would optimise towards profit, not quality.
- aaron-santos 6y agoThat's a critique of all markets. I'm down.
- FooHentai 6y ago100%. The insight there I guess being a need to choose carefully which areas you allow market dynamics to be introduced, or at least make sure you know what the medium of exchange really is because that's what the market players will optimize towards.