Articles and comments that are upvoted provide more marginal utility? Or are they simply more pleasing to the reader?
If I tell you that your business model sucks and that you should try selling shoes, you (and others) may be immensely displeased. But then you may try selling shoes and make a fortune.
Nope. Marginal utility and immediate gratification (or ability to predict what a crowd likes) is not the same thing.
Sorry Daniel, but this is in no way what I was talking about. I am not saying that marginal utility = what the crowd likes. Neither did I say that HN isn't "working". Only that providing a more quantifiable reward for correctly voting on comments could prove beneficial.
If I tell you that your business model sucks and that you should try selling shoes, you (and others) may be immensely displeased. But then you may try selling shoes and make a fortune.
Nope. Marginal utility and immediate gratification (or ability to predict what a crowd likes) is not the same thing.