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RE: Steem must improve and the key metric for that improvement is "utility"
Last I checked most of economic theory, except the very latest stuff, is based on the notion that people actually rationally, in what they believe is their best interests. Now it may be that's an extrapolation of a statistical mean of behaviour down to the individual - the mean behaviour is rational in any large enough sample so we assume individuals are rational and irrational actors aren't significant enough to have any great effect worth worrying about.
Big data. I think with the data acquisition capabilities we have we can capture more of the big picture than in any time in human history. I think the problem is human beings cannot manually process big data. I do think the data exists on the blockchain, on IPFS, and that means when machine intelligence is applied to it then yes we can process it.