Wikipedia, the downsides of monetary incentives & web3 - Deepstash
Survival Tips

Learn more about philosophy with this collection

Basic survival skills

How to prioritize needs in survival situations

How to adapt to extreme situations

Wikipedia, the downsides of monetary incentives & web3

Wikipedia, the downsides of monetary incentives & web3

Wikipedia remains the most popular open encyclopedia, despite its contributors doing it for free. One might think that a competing platform where contributors are remunerated for their work would be much more successful. However all attempts have failed. And Molly White, a long term Wikipedia contributor thinks adopting web3 will lead to the same outcomes:

"People start making stupid decisions when they are paid. .. Monetizing things just shifts the dynamics in enormous ways."

Wikipedia creators are on a holy mission and getting paid will lower their sense of meaning. 

4

235 reads

MORE IDEAS ON THIS

CURATED FROM

CURATED BY

vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

web3 is not the universal panacea. People's incentives are more complex than just simple tokens, as this Wikipedia author highlights.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates