Thoughts on the Quantified Prestige concept

[Radivis (Michael Hrenka)]

Thanks for your very insightful comment on my Quantified Prestige system, Eric!

@Eric_Hunting

Your Quantified Prestige concept is definitely the most deeply thought-out model for a social credit system I’ve seen so far.

Thank you very much! What other social credit systems have you seen and evaluated already?

@Eric_Hunting

This would be very interesting to experiment with, but, given the relative complexity of the mathematics (that is to say, being a bit above mainstream comprehension) I think there would need to be a strategy for isolating systemic phenomenon from social phenomenon in testing to see whether effects in practice are phenomenon of the mathematics or of the human participants.

The complexity of the mathematics is probably necessary to make the system work. In reality, most end users won’t be exposed to the full complexity of it, but rather a minimal interface comparable to the Facebook “like” button. Full interaction with the mathematics would be an opt-in feature for advanced users.

Isolating systemic phenomena from social phenomena could be done by testing different versions of QP in one and the same community.

@Eric_Hunting

Are you familiar with Sensorica and their Open Value Network development? OVNs are the current popular strategy for social credit in modest scale groups in today’s P2P and Commons Transition community.

I haven’t heard about Open Value Networks, yet, but they are pretty much in line with my concept of Collective Intelligence Networks in my latest sci-fi world Netec:

Netec Concepts

This thread presents some of the core concepts of the Netec world. It outlines all of these concepts without going into great detail for any of them. Details are presented in separate threads, especially when requested. ###Net The nets – in full: collective intelligence networks, or CI nets – are the core concept of the Netec world. A net is a decentralized social organization that uses advanced internet-based adaptive collective intelligence systems to make decisions. The collective intellige…

@Eric_Hunting

Your concept of Prestige as a basis of digital goods economy could also apply to physical goods given the trends in production and their impact on the resource value of goods.
[…]
And so all goods save materials and food commodities become, essentially, digital goods whose economics could be based on the same prestige-based (or as it’s more often called, social credit/capital) strategy you propose for digital goods.

What you said about applying QP to physical goods is perfectly in line with what I’ve already had in mind. Indeed, it may be the main driver of universal abundance in a QP-driven economy. Do you think this should be one of the main selling points of QP? I think it is! In the end, digital abundance also implies material abundance, at least to some degree.