I'm kind of with WA; I think they're just being terse. The basic assumptions that underpin this whole concept are fundamentally broken.
upvotes != market value
market value != value
votes are very gameable
It's also inviting dismissiveness to be dismissive of the algorithm that created one of the largest and most successful companies in the world, because it's dismissive.
I didn't find it to be dismissive of PageRank as an innovative at the time, but I think it's fair to say it has not been thoroughly gamed out. Saying we shouldn't do this because it will eventually also be gamed doesn't seem like a strong argument to me.
I do think people generally upvote things they find valuable. I'm curious what the disconnect is there.
upvotes != market value market value != value
votes are very gameable
It's also inviting dismissiveness to be dismissive of the algorithm that created one of the largest and most successful companies in the world, because it's dismissive.