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ChristianKl comments on Communities: A single moderator is often superior to the wisdom of crowds - Less Wrong Discussion

0 Post author: casebash 03 May 2015 09:21AM

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Comment author: ChristianKl 03 May 2015 08:57:12PM 1 point [-]

So facilitating micropayments will allow the crowd to help lift the scarcest/rarest and most valuable content to the top of the list.

50 Shades of Gray is the best novel because the most people payed for it?

"The Secret" is on of the most important personal development books because a lot of people brought it?

Comment author: Xerographica 03 May 2015 09:24:01PM -1 points [-]

Heh. I started reading my gf's 50 Shades of Gray on her kindle... but I couldn't finish it because it was so bad. She liked it though. shrug

Here are two subreddits...

  1. Economy
  2. Invisible hand

The same economics article isn't going to be equally valuable in both subs. In the first sub, Ha-Joon Chang's articles are going to be a lot more valuable than Peter Boettke's articles. And the opposite would be true in the second sub.

See how that would work? There's riches in niches.

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