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Ryan Sean Adams

๐Ÿ‘ค Speaker
1143 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

So to your point, yeah, the metrics are imperfect.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

There's a portability trade-off basically, right?

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

And so if somebody asks me about a movie, rather than give them a commentary, I can just say, well, it got 92% on Rotten Tomatoes.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

And it's much easier.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

It's much easier to display in a UI for Netflix too, rating all the movies and they can say, oh, this one got 42% and this one got 89%.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

Now, could you talk about the second there?

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

So that's portability.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

The second flaw in metrics and scoring that you identify, and this is a big theme in your book, is value capture.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

So what is that?

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

Talk about that.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

I laughed because I think that's so true, actually.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

I think that there's some psychological benefit to considering how well you're doing in your podcast, let's say, or in your social media feed by the number of likes or downloads that you get.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

Or one example, and I think part of the reason that I was excited to have you on is because crypto is very much, we deal in the world of concrete points and numbers.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

right?

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

Finance in general, net worth.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

It's very easy for people in finance and crypto to just outsource their value to what's their net worth score.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

And they can check this in an app on their phone.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

And, you know, they either feel good or bad depending on the day and what that number says.

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

And it's so much easier than actually confronting

Bankless
Playing the Right Games: Why Scores Quietly Replace Meaning | C. Thi Nguyen

the real challenges in your life or in building up your own unique set of values because this is just what society hands to you.