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Embedded Growth Obligations (view source)
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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. [[Eric Weinstein]] first introduced 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. | '''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 publicly introduced 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 == | ||