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Vitalik Buterin
@vitalik.eth
I feel like I disagree with this approach to government efficiency: https://x.com/DOGE/status/1860739165144367441 The examples listed are a tiny fraction of all spending. If a government _optimizes_ for "don't make oopses that look bad on twitter", then it will end up missing a lot of valuable opportunities, and at the same time lots of actually-wasteful large-scale things will remain just because they look respectable. You _want_ a VC-like approach on small-scale public funding, that is okay with large quantities of oopses, because its goal is to make sure it captures the 1000x opportunities. Concentrate prudence energy on the large-scale stuff.
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knario
@knario
Focusing on government efficiency based on avoiding social media backlash may not lead to true optimization and may overlook important opportunities. A VC-like approach that allows room for mistakes on small-scale funding could lead to capturing more valuable opportunities. Concentrate efforts on prudence for larger-scale issues
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