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Reputation and Trust - Rely on Othersby@mcsee

Reputation and Trust - Rely on Others

by Maximiliano ContieriOctober 8th, 2024
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The evolution of trust, reputation, and authority.
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TL;DR: The evolution of trust, reputation and authority

Trust No(One)

Reputation has been the center of tribal human interaction, growing from word-of-mouth trust in small communities to algorithmically quantified scores in today's digital world.


It's an invisible currency, shaping our social and professional lives and growing with the technology eating the world.


The concept of reputation is not new in science fiction, but today trends with artificial intelligence, and the blockchain-based decentralized world we're currently building.


One of the best thinkers in science fiction history: Isaac Asimov anticipated the importance of reputation in a hyper-connected future.


His Foundation books revolve around predicting human behavior on a large scale with the idea of reputation management in governance and technology.


Asimov's famous "psychohistory" relies on understanding and predicting the actions of huge groups of people based on their collective behaviors, mimicking the way reputational scores in digital systems work today.


In software development, "fail-safe" systems with multiple redundancies rely heavily on trust.


If a component fails, its partners bully it, lowering its votes on choosing a solution to a problem.


Systems that coordinate to ensure reliability, like distributed databases or fault-tolerant microservices, use this voting concept.


When a piece fails, another picks up the piece in the slack, keeping the system's reputation intact.


The same happens with human trust networks, where the reliability of individuals or systems can buffer potential failures by relying on others to reinforce the gap. No chain is stronger than its weaker link.


In the Black Mirror episode "Nosedive," reputation becomes an all-encompassing social credit score, dictating every aspect of a person’s life, from their social interactions to access to essential services.


The more highly-rated someone is, the more power and privilege they are afforded.


This TV chapter isn’t far from reality in some parts of the world today, where similar systems track and quantify people's reputations for various societal privileges. It is also a warning tale that explores the dystopian side of what happens when reputation becomes too pervasive and omnipresent.


Another historical system built around reputation is the ELO chess rating.


This system assigns players a numerical rating based on their performance, and updates based on wins or losses.


It mirrors how reputation systems are built today, where success and failure adjust your standing, whether in chess, on social media, or within a decentralized network like Web3.


The decentralized web may make reputational systems more granular, with users earning trust in different networks for specific skills, trades, or behaviors.


Losing trust in one domain might not affect others, which adds resilience and complexity to managing personal reputation.

Reputation in the Decentralized World

The Web3 revolution, powered by the blockchain, decentralizes everything from finance to ownership and reputation systems.


In this world, reputation doesn’t rely on a single governing authority, like a government or corporation.


It’s shared and validated across multiple nodes and distributed through secure protocols.


You gain or lose reputation based on interactions across various decentralized networks, from participation in decentralized finance to your contributions to open-source projects.


Reputation is key in decentralized autonomous organizations where your position in the community impacts how much influence you hold.


It's a world where your contributions, not your credentials, define you.


Smart contracts may also build mechanisms for handling disputes or disagreements in reputation, offering transparency and requiring users to trust the underlying code and the people who built and deployed it.


You can lose your reputation by failing to deliver on promises or being caught in malicious activities, as your on-chain actions are visible for everyone to scrutinize.

Social Media and the Current State of Reputation

Today’s social media platforms run on a form of reputational economy, quantified through likes, retweets, and followers.


Except the system is broken.


Social networks are opaque, easily manipulated, and often, lack the nuance needed to reflect true reputational value.


A person can build a massive following based on charisma or polarizing opinions, with little regard for trustworthiness or expertise.


A single misstep can lead you to be "canceled," a form of reputational collapse that occurs when public sentiment turns against you, often without due process or a chance for redemption.


The problem with today’s reputation on platforms like Twitter or Instagram is that it’s too centralized and shallow.


Algorithms designed to maximize engagement and screen time, not accuracy or trust, determine what rises to the top.


Cancel culture amplifies this flaw, where reputational loss can be swift and brutal, often driven by mob mentality rather than any objective measure of wrongdoing.

Trust in the Scientific Model and Experts

Trust plays an essential role in reputation. In science and technology, people often need to trust experts because testing everything individually is impossible.


You can't build your own Large Hadron Collider to verify the Higgs’ Boson in your backyard.


You also can’t recreate experiments in gene editing unless you are a professional in the area.


You trust the experts, institutions, and peer-reviewed systems with authority set up over centuries.


The rise of misinformation is showing us that trust is fragile.


The scientific model works since it’s based on evidence, reproducibility, and rigorous debate.


In an age where everyone has a platform and misinformation spreads like wildfire, the expert reputation can be undermined with a few viral tweets or videos, and some people feel smarter preaching the earth is flat without trusting tons of evidence against it.


The future challenge, especially in decentralized systems, is to build trust without relying on traditional gatekeepers.


Systems like Web3 offer new ways to prove expertise—such as cryptographic proof of contributions—but they also open the door to new forms of manipulation and deceit.


Keeping your reputation in such a world requires personal integrity and robust systems of validation that the community trusts.


The evolution of trust, from the gold standard to trusting institutions without physical assets, reflects a profound shift in how societies and economies operate.

The Future of Reputation and Humanity

Reputation might develop into something even more complex, dynamic, and dispersed in the future.


In a decentralized world, reputation systems might be attached to digital identities that span multiple domains—from work and social interaction to financial activities.


Imagine a world where you build your reputation by pilling up micro-reputations across different blockchains and platforms, all visible and all contributing to your overall standing in society.


Artificial intelligence may bring even greater difficulties for humans in maintaining its reputation.


A.I. could automate reputation management, predicting reputational damage or gains based on real-time data analysis.


But as with any algorithmic system, there’s the risk of reinforcing biases and unjust penalties. Quantum computing could enhance cryptographic protocols to secure reputational data, but it could also lead to new forms of hacking and identity manipulation.


Humanity and the mechanisms that measure reputation and trust will both keep changing.


The key will be finding a balance between transparency and privacy, and ensuring that reputational systems are fair, decentralized, and resilient enough to resist manipulation.


Reputation is the new currency.


Like any form of currency, its value will depend on the systems and frameworks you build around it, the trust we place in those systems, and the collective understanding of what it means to be trustworthy.