In a paper studying how we can predict success, researchers found that given a market where people are trying to pick things that are of good quality (e.g. movies, music), as soon as you give consumers extra social information (e.g. number of downloads, likes, stars, votes), the success of good products becomes unpredictable.
Now that I’ve created something, how do I spread it?
Nathan Kontny
70520
The success of good products becomes unpredictable as soon as you give customers extra social information, e.g., number of downloads, likes, stars, votes, etc.
This is the reason why Medium’s current model of personalised reading lists doesn’t always choose good posts.
For Medium posts, the success of good posts becomes unpredictable as soon as you give readers extra social information, e.g., number of recommendations, number of followers of the post-creator, name of the post-creator etc.