RE: Why steemit have power to beat quora in the game of content creation?
Right now what Quora has going for it is the community of experts that it's built. I for one don't see any need to downplay the value of a site that provides knowledge rather then monetary profit. I consider knowledge to be an end in of itself and money to be purely of instrumental value. Besides the knowledge one gains on a site like Quora can be made profitable other ways.
One must consider that some see the non-monetized nature of Quora as a benefit, not a drawback. Because there is no profit incentive we know that beyond the occasional book plug people are there solely with the motivation to share their knowledge. Ergo their profit motivations wont corrupt what they choose to post. While the idea of exchanging knowledge while also earning money is intriguing in order to work the quality of the content must not be diminished by the profit incentive. One need only look at the many terrible "sponsored content" articles out there on the internet to know that profit motivation and intellectual content don't always go hand in hand.
So if SteemIt wants to compete with Quora it will need to recruit the sort of experts Quora is known for while also discouraging low quality, spammy posts masquerading as intellectual content. In addition the site will need new functionality to replicate the question and answer system, more detailed profiles and the ability to make individual posts sortable by date and topic.
I agree with you completely. Monetary incentive can corrupt the quality of content, That's where community members have to step-in- specially whales and experts from steemit team.
Noooo... monetary incentive is good and healthy for you.
monetary incentive is wrong when it is done by paid promotions to write or curate content. One pay a big player and get like or promotion on whatever crap he/she post and due to this reason after some time good players will run away from the portal.
No. The true laws are those of mathematics and compound interest. A persistant and constant focussed mathematician will take it all. It is nothing more than a game, and the rules are very fair. Many bloggers on Steemit have lost their passwords and can no longer access their accounts, deminishing the quantity of available STEEM. The winner needs to be persistant and look after his passwords. I started on Steemit with nothing, only posting. My average post value was only a few cents.
But we're talking about the creation of quality content. What you've just described in no way translates to that.
Most witnesses on Steemit are interested to see that quality content is promoted. Don't you find https://steemit.com/@heiditravels or https://steemit.com/@sweetsssj or ... good? I can name you hundreds. The glass is either half full or half empty with wine. It's a point of perspective. We need incentivised content to have good content, or else we would only have shit content (like facebook)!
Sweetsssj looks like a travel blog with a lot of nice photos. Not really what I'm looking for but I'm sure some people like it.
heiditravels seems to mostly post about cryptocurrency related topics and how to earn money on steemit. This is part of a problem I'm seeing, there's a ton of pages like that already. It seems like it takes up about half my feed and it just so happens I'm not all that interested in cryptocurrency.
I'm interested in movies and ancient history and what I've found on those topics has been largely disappointing. There's certainly nothing I've encountered that comes close to the well researched and factually supported information I can find on Quora.
An excess of pages based solely on how to earn steem has the potential to create an unsustainable bubble. If the bulk of people signing up are looking to make a quick buck, indeed the people writing their take on the best way to do that will get the most followers and earn the most steem.
It's like the gold rush. You know what the best way to make money was during the gold rush? Selling mining tools. In the end the gold ran out, most miners went home empty handed and the people selling mining tools moved on to other business ventures.
A similar thing could happen here if there isn't a strong enough focus on attracting people to create a diversity of content. The fact that some of the most successful pages do nothing but talk about how to make money shouldn't be seen as something to celebrate it should be a warning sign. Inevitably most people who come here wont be able to make much and if there's nothing more to keep them around they'll stop participating. The upvotes will stop, the steem will stop flowing, the cryptocurrency itself might even lose value.