On the Computational Complexity of Determining Value

TL;DR

This paper explores the computational complexity involved in defining, creating, and verifying the value of creative artifacts using algorithmic information theory, highlighting the challenges in resource requirements and verification processes.

Contribution

It introduces an algorithmic information theory framework to analyze the computational difficulty of establishing the value of creative artifacts.

Findings

Determines the computational resources needed to create valuable products

Analyzes the likelihood of observers verifying effort-based claims

Highlights the complexity in verifying the value of artifacts

Abstract

We look at an algorithmic information theory based definition of value of a creative artifact and discuss the computational difficulty associated with the creation or determination of value. We look at the computational resources required to create a valuable product and discuss how likely an observer is to verify a claim that an object required significant effort on the creator's part.