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wedrifid comments on Creating a Less Wrong prediction market - Less Wrong
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It is an awful lot like buying karma, but I'm not sure that's a bad thing. If people really want karma so much, why not let them buy it? They are the ones creating the monetary value here. Don't most people here think that karma is unimportant anyways?
I doubt that karma will regularly be given out for donations if karma transfers become popular here. I was just hoping to draw out two or three people to donate and make this post more interesting by linking it up with an existing meme.
For Less Wrong karma to eventually be worth something as part of a reputational economy, there is no way around allowing wealth transfers between karma and real world currency/services. Doing this in a way that scales to the globalist level while not being subject to anything like the USA PATRIOT Act is an unsolved problem.
So the Top Contributors section remains meaningful, we could separate that ranking list from a list for most karma.
Assert it? Yes. Believe it? Probably. Act like they believe it? No, and those most vocal in asserting their indifference seem to care about it more than others.
Mind you, people seem to care more about karma in the present moment on individual comments far more than they care about the number shown on the right hand of the screen, as can be expected. The same difference seems to apply to money, from what I can tell.
I don't care about karma, but I do care about the things that karma is supposed to be a proxy for. Therefore, I act mostly like I care about karma, except that I oppose anything which weakens the connection between karma and post quality.
I don't know if this would complicate things but it seems like karma sums can easily fail to tell us what we want to know about a poster. It would be nice to have karma stats like karma/comment, percentage of karma from top-level posts, subjective karma rankings (which is just the karma you've given out), karma weighted for posters you like, karma weighted for poster you dislike etc.
This is starting to sound like Whuffie. Which might be nifty, actually, but computationally difficult.
The social aspects of implementing Whuffie are much harder than the computational aspects.
:-) Er. If it is starting to sound like a Whuffie that is because I just stole the last three ideas from that wikipedia entry. I literally read that page five minutes ago, after I googled "reputation economy" and started reading the Doctorow book when Kevin brought it up above.