Will it be necessary to have a Klout score of 50 to get a job in high technology soon? Thomas Power just said so at the Social Media World Forum in London. A very interesting talk about grading and ranking reputation. Thomas gave an interesting talk about social capital being a well established predictor of life outcome. But once everyone knows their social capital score will it be gamed out of having any value? We wonder if once your Klout score becomes essential wil it then lose its value.
The history of the past 40 years is that Economic models can make better predictions when they are not being used by governments to set policy. Once the academic concept of social capital becomes an essential part of our lives will it be gamed by rational agents in to having no value?