Steem and Writing – Another Lane on the Highway to Hell?

in #steemit8 years ago

A tech-sector friend called me up a couple of weeks ago. “You’re a writer, right?” he started. “I’ve got something I need to tell you about.”

I’ve been digesting his introduction to the blockchain, cryptocurrencies and the Steem White Paper for a few days. I’ve also been reading a lot of posts on Steem to see how others are experimenting with and experiencing this new space. These words are my first, tentative steps into this new world.

Since Steem is built on a “currency”, it’s not surprising that the dominant narrative here revolves around money. As a professional writer, I’m particularly concerned with whatever cash value can be attached to my words. Let’s face it, though: how many people get into writing to get rich? So what I’ve mostly been thinking is not, “How much money might I make from Steem?” but “How might Steem affect the writing itself?”

Hence my attention-seeking title (yes, I used to write newspaper headlines), inspired by that old saying about the road to hell being paved with good intentions. In this case, it’s those founding principles laid out on page 5 of the White Paper.

They sound profoundly democratic and fair, and it’s hard not to cheer the very idea that the acts of writing, reading and sharing knowledge could create value for those directly concerned, rather than for those who own or control the medium. The internet has generally been bad news for professional writers. Jobs in the traditional media have vanished, and the new media often fails to value old-fashioned skills of writing and editing. So hurrah for something that promises to add value to the written word and give it to the person who wrote it, rather than the one who sold it or just passed it on.

Whether or not creative work should concern itself with a “fair” environment, or whether creative endeavour can be usefully valued against reading and “curating” are questions I want to come back to. For today, I’m most interested in the potential impact of Steem on the psychology and motivation of the writer, and hence on his or her end result.

This is going to call for some generalization.

In one corner, we have the amateurs. I’m not using that term to look down on anyone, just to define a group of people who do something for motivations other than money. We have bloggers who have never sought or earned a cent from their writings, people who before the internet came along probably wrote no more than diaries and letters to their friends and family members. Maybe the politically inclined wrote pamphlets and posters.
Some wrote purely for themselves, others for a certain readership. But all had a certain “freedom” that the professional lacks – in that if they felt unable to say what they wanted, they could choose to say nothing at all. Try telling your editor at the paper that you can’t fill that 1,000-word space on page 2 today.

In the other corner we have the professionals, those who at least try to make a living from the written word. All would like to write what they want; an tiny number succeed in this ambition. The rest consider the market. What does this or that editor like? What’s fashionable this summer? What does the brief from the PR agency tell me to do? Those with enough energy and drive balance the ambition with the daily reality: writing what pays the bills while using their spare time to pursue the dream of The Great Novel/Great Cookbook etc.

The point is, amateurs and professionals have always existed in different spaces. Their motivations are different, their target readerships different.

What Steem has done is create a space that blurs these traditional lines.

For professionals, this should not be problematic. It’s just another potential market to be exploited. Popular topics are easily identifiable; the “whales” are somewhat analogous to old-media editors in the power they wield; and value is generated by writing what people want to read and enjoy. So in this sense Steem fosters nothing new – just crowd-pleasing, commercially oriented product that will naturally tend towards common denominators, while driving niche-interest, experimental or original work to the margins.

In any market we can expect professionals to dominate, just as we would expect a professional sports team to defeat an amateur one 99 times out of 100.

Steem’s pool of amateurs, whose presence and activities actually contribute most to the community’s value, may be offering themselves up for exploitation.

The White Paper makes what I found a disturbing parallel: “The fact that everyone ‘wins something’ plays on the same psychology that casinos use to keep people gambling. In other words, small rewards help reinforce the idea that it is possible to earn bigger reward.”

I suggest that this is what professionals may see when they look at Steem: a potentially massive group of users who don’t really know how to play the game, but who are busy creating value to be creamed off by those who do know how to play. To maintain the casino analogy, Steem professionals will be like the pro poker players who hang out day after day at the tables, waiting for the rubes who inevitably show up.

And what of the amateurs’ writing itself? They are no longer writing in a “free” space. They too are thinking about what their words are worth, about how their posts will be received, ranked and valued. Rather than express a viewpoint that the Steem community may find objectionable, perhaps writers may choose to censor themselves rather than risk being downvoted. Surely many amateurs will choose to pander to the market in hopes of strengthening their Steem Power. After all, being valued and judged can be an overwhelmingly negative experience for many writers. The safest place to be is swimming in the mainstream.

Well, these are just a few thoughts and definitely no conclusions. This is still an excitingly experimental space and I’m looking forward to seeing what happens next!

Sort:  

Thanks for sharing your thoughts on Steemit. There are certainly no guarantees that it will succeed. I do believe the micro payment structure will dominate writer compensation in the future. With Steemit the reader doesn't directly lose money by upvoting material. Also I'm not sure how much the point that Steemit will probably remain dominated by young readers will undoubtedly affect the compensation of the professional writer. That is, that experience will probably give the writer a small edge over gen pop, but may be insignificant. Also wondering how people like Oprah will affect the ecosystem. (Also I've realized people rarely look at posts that don't have a picture inserted)

I suppose I wonder what "success" looks like here? If the Oprahs join in, then surely the technology guarantees their dominance - and the way this is set up it seems to me tailor made for exploitation by the big fish, in that everyone's contribution delivers value to the network, and thus the surplus value is creamed off by the few. In other words, everyone works to serve the interests of the dominant players. Isn't this an even more extreme version of capitalist exploitation? Funny to see so many so-called anarchists here...

Maybe. One thing that I'm hoping will keep the balance is the use of micro payments. Upvotes here aren't exactly micropayments..but a similar idea. It's never been economical to give someone a penny over the internet. That has given the rich and powerful an advantage as they can move money around while a bunch of small players can't make a dent. Now that every upvote carries at least some benefit things may eventually balance out. Right now the skew is large. If the market cap went up 100 fold, the whales would no longer make up such a huge percentage of the total. I could be wrong about that..but I think with an increasing market cap and an increasing user base a little bit more balance will occur.

According to my reading of the Steem White Paper, one of the issues this is designed to address is what the WP says bluntly on page 25: 'Micropayments Dont' work.' While I think you're right that increasing market cap will diminish the obvious inequity of the Whales vs Everyone Else situation right now, what it won't do is address the overall power imbalance that I increasingly feel the blockchain favours. As market cap grows, the value of small holdings will dwindle towards nothing, while large holdings will grow in absolute terms even as they shrink in percentage terms. The real issue for me is this appropriation of surplus value by big players - be they founders, early adopters or simple investors who have bought their positions directly (in a straight cash-for-influence/power swap that could hardly be more nakedly 'capitalist'). It's very clever and it's probably going to make a few people rich.

Thanks for coming here and sharing a professional writer's perspective. I'm an amateur who came from the newspaper industry and feel my skill set has lost relevance. I say that to introduce an idea that has probably already occurred to you: Steemit presents an enticing opportunity for amateurs to be relevant (though not necessarily well-paid) by learning to write for the Steemit community in a conversational way. For instance, I noticed in a comment you wrote:

Isn't this an even more extreme version of capitalist exploitation?

I'd love to see you write a version of this question in a post aimed at opening discussion with the anarchist community, or in the money section, respectfully challenging the same core assertions you do in this post. I think the most exciting potential of Steemit is its ability to host conversations. There are heart-swell-inducing amounts of respect and courtesy on Steemit, especially compared to facebook and the comments sections of articles.

I'll be following you and curious what you conclude about Steemit.

Cheers. I've actually been thinking a lot about the blockchain and the writings of the so-called anarchists about crypto and the like, but so far I've shied away from tackling this head on in writing. It's a bit of a minefield and, like you, one of the things I've appreciated here so far is the general atmosphere of respect and courtesy. I'm a bit worried that might not survive lobbing a grenade into the anarchists' midst; they tend to chuck them back!

I definitely don't recommend grenade chucking! And I definitely relate to the approach of observing. I find myself increasingly interested in Steemit's potential as a conversation tool. Controversy can be a cheaply exploited hook, but is also the keeper of all the good questions. I think you've asked a good question is all. I've found that when I feel like something is off here and no one seems aware of it that within a week it will come out and become a topic for a moment, like the bot wars topic. It may be that this question will ask itself. :)

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.029
BTC 61205.14
ETH 3376.01
USDT 1.00
SBD 2.51