Episode 2249 Scott Adams: Double Whiteboards & Triple Fun. I'll Tell You Why Everything Is Broken
Real Coffee with Scott Adams
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The Inevitability of Corruption in Systems with High Financial Stakes
This chapter explores the inevitability of fraud in systems involving a large amount of money, using examples from the scientific community and voting systems. The speaker argues that even with a low success rate, corruption is bound to occur, and suggests implementing term limits and regularly changing individuals involved in important systems. Additionally, they discuss the issue of not having term limits in Congress and highlight the problem of corruption in science and its relation to the incentive structure.
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Transcript
