Gunnar_Zarncke comments on One Sided Policy Debate - The Science of Literature - Less Wrong
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Any initial approach of measuring anything (here: book interests) can be attacked on its simplicty. Neccessarily the first measure will have lots of unwanted special cases and it is just too easy to point these out - especially if they are obviously biased toward economic value.
It is also easy to laud any approach of measuring based on the gain of information/knowledge it entails and transitively the improvements that gains.
It is always more difficult to see where such a measurement really leads. Extrapolating can be done on different complexity levels.
The simplest is always to just assume maximization of the measureable (here: maximize fun and by sales monetary gains).
The next level is to consider effects of the maximization and balancing effects (it may fall short or it might tip the system; here: dumbing down authorship tips with Hollywood-sickness result).
Another direction is to consider improvements to the measurement. What else might be measured to give authors feedback? And what results from maximizing that?
The next level is to consider the effect of the public on the process of measurement.
Ultimately one can envision to model this as part of a societal dynamic stabilizing on a fixed point. I wonder whether prediction markets can reach such a level.
My prediction:
Actually one can always build such a prediction by assuming the topic develops sufficiently to be come worthy of study. The direction in time is mostly math (can it be done) -> technology (how is it done effectively) -> economics (how to generate value from it) -> sociology (how does is affect people) -> politics (aggregate people affects) -> philosophy (reflection and rationalization) -> historics (posthoc documentation)
Damn. I can't write short comments.