Still churning on a q from today: if social feeds have an “economy” (bad bots leveraging e.g. high demand) what’s monetary policy?
Conversation
Would be awesome to talk about it more sometime! Here's where I've gotten so far medium.com/@timhwang/keyn
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One idea: market has natural inflation as more users join platform; can modulate that by tuning explore/exploit by user age in algo feeds.
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One idea discussing w : signal inflation due to unlimited likes/votes create hyperinflation, ruining system stability over time
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That is super fascinating: I’d be interested in a platform with a more limited economy of “social rewards”!
Real life friendship may be a reasonable model: you only have 24 hours a day to give to other people.
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