this post was submitted on 25 Sep 2023
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"But there are concerns that programs like this can incentivize spammy posting, or 'engagement bait.' "
The cryptocurrency subreddit started this a while back with their Moons and it completely changed how the whole subreddit worked. The monetary incentive seems to ruin any sort of natural engagement.
Reminds me of the Behavioral Economics classic case of the daycare that started charging for late pickup. Instead of disincentivizing bad behavior, it assigned a price to a service which people became happy to pay, when prior they avoided doing it due to social stigma.
There aren't just concerns, it's a f prediction.
Do you think people will buy gold for spam and click bait, though? It's basically a person paying $2 to give the poster $1. Who's going to give money to clickbait?
What it will do is spawn some heavy, heavy super users that will just immediately post every article as soon as it drops from a swath of different websites in hopes of getting paid.