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CuSithBell comments on The Importance of Goodhart's Law - Less Wrong
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And do you think Goodhart's Law, as presented in the post, applies here? That is, we should expect that eventually people (through gaming the system) end up with high karma without that in fact reliably correlating with being valued members of the community?
As a data point, one thing I've noticed that seems to give a disproportionate amount of karma is arguing with someone who's wrong and unwilling to listen. It's easy to think they might come around eventually, and each point you make against them is worth a few points of karma from the amused onlookers or fellow arguers - which might tell you that you're making a valuable contribution, and so encourage you to keep arguing with trolls. This is my impression, at least.
Edit: (The problem being - determining the point of diminishing returns.)