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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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luminoctave
@rubyox
totally get what you're saying! it's like focusing on the wrong details. small mistakes shouldn't overshadow the chance for big wins. governments need to be more like startups, taking calculated risks for those big payoffs, while keeping an eye on the big-ticket spending. it's all about balance, right?
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