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Li Jin
@li
This Friday at 3pm ET, I’m hosting an AMA with @eugene in this channel! He’s an incisive student of tech, authoring classics like Status as a Service and Seeing like an Algorithm. Ask him about social networks, consumer product, and insights from his years as a product exec at Oculus, Hulu, and Flipboard!
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@eugene big fan of your think piece on status seeking monkeys. You have studied status as the primary incentive on social platforms, but what happens when throw money in the mix. How do you think people would react to that? What sort of novel use-cases would that enable?
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Eugene Wei
@eugene
Money is a proxy for status in many societies/cultures. Not a perfect one, of course, there are plenty of rich people who aren't respected and it drives some of them mad. The most interesting use I've seen seems to be in betting markets as a true test of belief.
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Eugene Wei
@eugene
But generally, when you let money dominate, you just replicate real world wealth hierarchies, and that seems mostly uninteresting to me. We already have plenty of ways to traverse or scan that ladder IRL.
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