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RE: Help Fix Steem's Economy!
thanks for reading
the problem is that the acts that gain the most rewards and acts that benefit the community the most should align
they don't, but it's fixable
thanks for reading
the problem is that the acts that gain the most rewards and acts that benefit the community the most should align
they don't, but it's fixable
Why doesn't Steemit Inc hire an economist to help with this? Or what about economists or students who post on Steem who can help with this?
Maybe an Economist also cannot answer this. Because you won't learn about a system like steem in school. This is a new ecology that did not exist before. Building it well is hard. We need to take responsibility, i believe. Thanks to OOP for doing something about it.
The last time they had a person who understands economics in there, it was @dan, and his views were considered evil, and he was effectively smoked out of the company.
That's probably a reason why.
@dan isn't/wasn't an economist either. I agree he had more understanding than the current people in charge but an actual economist would be someone who focuses only on that problem.
There are economists capable of approaching these sorts of problems but it is a narrow sub-specialty, there aren't many of them, and they don't necessary want to work for Steemit either (although many would probably consult, likely at a pretty high price). I commented with some specifics on this sort of thing a while back when Steemit made a post asking for community input. As far as I can tell they acted on none of it (not just my input, all of it).
Anyway, just hiring smart people/economists with some vaguely related background would be good. Smart people can often come up to speed and figure out a lot. Part of that involves knowing how to navigate the literature and connect with others in the field. There is currently no one with any vaguely related background at Steemit as far as I can tell. Perhaps that is one reason they avoid these problems and work on things like SMTs.