Don’t Rely on Credibility Stamps

This is all economically quite weird. The credential still costs money and at least now, still signals value. It still unlocks jobs, internships, visas, and salaries (although the wage premium has eroded over time). But the effort that used to underwrite that value has vanished.

This is a misalignment problem. The economic signal (the diploma) stil... See more

if you write an article on another website like The Wall Street Journal or Fast Company, your credibility follows you wherever you go because the citation of you and your name comes along with that. This approach harkens back to traditional public relations where if you get positive exposure on other credible sites it could directly help you move y

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The notion of epistemic sanctions clarifies what we might really mean by “consensus” in the context of public discourse — universal mutual listening , rather than universal agreement.

“Universal mutual listening” happens when publishers compete on the basis of trustworthiness, instead of on the basis of ‘facts.’

Competing on the basis of ‘facts’ most

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Credentials from centralized institutions are subjective — they're only valuable because the institution issuing them is valuable. It's a reputational ponzi scheme. On the contrary, credentials from decentralized networks are more objective — they let people observe work completed without a subjective value judgement on the work itself.