The quick nature of incentives
We live in a world that primarily requires financial and economic resources to survive, one uses money to buy food and shelter.
In this system, more is generally better because more resources allow one to do more like leverage time, buy experiences, buy goods and products that are most expensive, hire others to do tasks, buy more food, take care of family and others, donate to others etc.
Generally human beings are driving by growth and expansion: more happiness, more love, more knowledge, more resources for more happiness, more bliss, more power, etc.
When one can achieve this need for more expansion in less time, then one generally adopts that behavior. That is the role of incentives. Incentives are ways to get to the desired outcome faster.
In other words, Incentives drive behavior.
This is why yogis do lots of meditation, yoga, etc to experience more knowledge and bliss in their lives.
This is why entrepreneurs choose to go through all this pain and roadblocks to create companies to have a large financial outcome from their efforts.
This is why investors who have invested in competitors or not invested in a particular company will shill their own bags and fud others.
This is why testnet participants are incentivized to maximize their return per unit of time worked. This is also why no matter what amount of incentives will be given, there is an incentive to complain to get more to maximize their return per unit of time.
Sometimes the best incentive of all though, is intrinsic and mission driven which is about not just accumulating resources for one’s own good but for the good of all. This is our stance.
We stand for designing incentives that result in long term abundance, love, happiness and accomplishment of our mission of making AI a public good. It requires a community that is rewarded for its behavior long term not just for a short term event. Accomplishing a mission is not a year long initiative but could take a life time. We are here for that journey. Let us have AI bring us abundance and a life full of enlightenment and self realization.