"A lesson for micropayment efforts is that mental costs usually exceed, and often dwarf, the computational costs" - @nickszabo4
Thus, even if micropayments are enabled by cryptocurrency, the UI/UX needs to be seamless enough for people to actually use it
https://nakamotoinstitute.org/static/docs/micropayments-and-mental-transaction-costs.pdf …
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Exactly! Ppl might perceive their deciding on whether to pay a micro price or not as a cost or mental burden but machines/algorithms don't. Again, if there is a problem, there is a solution. Always!
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Doesn't help if the AI doesn't know or doesn't care about user budget, price, and quality preferences, which are very hard for a user to communicate to a computer (AI or otherwise).
9:32 AM - 24 May 2018
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