Earlier quoted context omitted.
It has far less value than you might think. When this community was 100% startuppers, that worked better, but now there are so many people who don't have first hand experience that are willing to upvote anything that sounds correct that it's lost a lot of its value. It's now a dangerous positive feedback loop. High vote counts tend to be very convincing to all but the most discriminating people, it's not the mark of…
What you've just told me is the community is broken, not the system.
The upvote system used to work because it consisted of a lot of similar people saying, this is a good point, or I like this.
Today's community is much more diverse, which is inevitable when you have a quality service/product/community/yadda yadda.
>> In total, Hacker News now sees about 90,000 unique visitors per day. http://newsgrange.com/ycombinators-hacker-news-reaches-1-mil...
The old system just doesn't mean what it used to. People are looking for new strats to preserve the original culture as best they can.