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Embedded Growth Obligations (view source)
Revision as of 20:43, 17 March 2021
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'''Embedded growth obligations''' (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. This compromising of incentives causes institutions to tend towards exploitative or sociopathic behaviors, as their leaders face [https://en.wikipedia.org/wiki/Evolutionary_pressure selective pressures] to maintain the status quo. | '''Embedded growth obligations''' (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. This compromising of incentives causes institutions to tend towards exploitative or sociopathic behaviors, as their leaders face [https://en.wikipedia.org/wiki/Evolutionary_pressure selective pressures] to maintain the status quo. [[Eric Weinstein]] first coined the idea in his [https://www.youtube.com/watch?v=LruYnDjkOgU first appearance] on [https://www.youtube.com/channel/UCJdKr0Bgd_5saZYqLCa9mng The Rubin Report] on January 6, 2017. | ||
== History == | == History == | ||