from Patrick McKenzie | by Patrick McKenzie

“Could we simply choose to not be slow?” plus incentive compatibility is a surprisingly powerful mix, including in fields where it is not (yet) widely deployed. t.co/n6AIV07cPp

There’s this curious background belief many have where they think most systems must operate near the efficient frontier except of course every system they’ve ever worked inside.

Would also note an implicit message here: this is a multiparty alignment problem rather than a single bottleneck you can dissolve with money.