Cesar Hidalgo on the Meritocracy and Topocracy of Networks

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Video via https://www.youtube.com/watch?v=CTJ8TAMv3sk&feature=youtu.be

Markets in networks, are they democratic ? "Professor of Media Arts and Sciences Cesar Hidalgo on meritocratic system, rock star behavior, market mechanisms, and new media."

Mathematically, it would take between 17,000 and 22,000 connections to have a true meritocratic network, i.e. where merit is correlated to contributions ; otherwise we have topocratic networks, where your merit depends on your place in the network.


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