kaal:claim:3782214-039

Because major social media platforms are privately and centrally owned, their governance processes and reputation distribution algorithms are necessarily opaque, since their users' incentives are not aligned to police reputation against gaming.

Since Stack Overflow and Reddit and Facebook and Twitter and all the other successful social media sites are privately, centrally owned, their governance processes—their algorithms for distributing reputation—are necessarily opaque.

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021), Summary, p. 34
https://ssrn.com/abstract=3782214 · source PDF

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214

• privately owned centralized platforms
• users hold no financial stake in the system

failuresupport: arguedfailure: forced opacity of centralized reputationfamily: reputation-system-gamingreputationdecentralizationdisclosureregulatory-failure

• extends kaal:claim:3782198-006 Centralized platforms are locked into an arms race in which developers infer the rules of the ranking algorith...

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