Financial Incentives
topic on 2 shows · 2 statements across 2 episodes
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American Optimist
2 statements about Financial Incentives, every show
Levie: Token-incentivized social networks fail because later users receive less utility
“I just don't think you can build a social network where financial You know, where monetization or incentives is at the core of the network. I think people have to join these things because they want the utility of whatever the network is. And that is how you s…”
Fryer: Paying students for inputs like homework was wildly successful
“When we paid kids to, so we did two types of experiments. One, we paid them for inputs, right? So we paid them to do specific behaviors or accomplish very specific things that we wanted them to do. Do your homework. Come to school. Don't beat people up. Stuff …”