Milo on Warpcast

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"post after post of nothing" is exactly why social incentives are so dangerous - they are incredibly effective for generating *volume*, but algorithms can only approximate what "good" volume really is so, eventually people find a meta of minimum input -> max incentive reward, and the ecosystem goes sideways. (cont)

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i think @tervo is suffering from an amplified version of this due to the success of /replyguys , and prob feels this is a problem with level of replyguy effort, but i think it's much moreso a systemic issue farcaster is prob going to need to address this from the platform side eventually. why? cont

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currently as i understand it, you can pay warps to create channels, & management of that channel somewhat falls on your shoulders. there's some expectation of moderation of the channel (even if not literal implication, you paid to create it so likely want it to not fall apart) it's def in your interests not to (cont)

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bar the public from casting in it, but so long as these social growthhacks exist, they're gonna do what tervo is struggling with in tweet 1: they are going to incentivize an imperfect version of what "good" content is (because human taste is really hard to define narrowly in airdrop criteria !!) cont

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so you get a load of "no content" posts. now, as I discussed with @cameron yday, farcaster doesn't prioritize follower-bases, which is in line with how other platforms are starting to pivot away from follower based models. example - subs on YouTube used to be the bread and butter of the platform, but are no longer.

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similarly, twitter used to be all about feeds of ppl you follow, but now it's all FYP algo of what the platform *thinks* you like. so - back to farcaster. here the follower model is done away with in a much more aggressive way because i don't need followers to be able to post into a high-traffic channel like this one

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this means that i am able to reach the public square that much more easily (follows previously curated quality as an entry barrier to people's feeds) and when imperfect social incentives mean poor quality content is what people are most motivated to create, that poor content blows up a fantastic place like /replyguys

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and the incentives mean any other successful channels will also be filled with this poor content - because the incentive means posting it to high traffic channels will net highest return and the burden to moderate falls to the channel mod over and over again- as @tervo is understandably struggling with

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in this way i think the degen tip allo game is actually directly counter to farcaster's interests, despite clearly generating volume because not all volume is *good* volume i could tell a ton of stories of similar events which have broken communities through my youtube career - this isn't a new issue sadly but (cont)

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perfectly said from a man who knows his shit much better than i do. very much appreciate it amigo 🤜🤛

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