3min chapter

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Pandemic Relief and Fraud: Willful Deceit or Design Defect?

a16z Podcast

CHAPTER

Is There a Trade-Off Between Efficiency, Inclusion and Potential Fraud?

There is a trade off between efficiency, inclusiveness and potential fraud. Government often focuses on making sure that people who don't deserve the money don't get it. There are lots of products in the space to detect various, different kinds of fraud. Get data from companies and use that as an automatic adjudication mechanism. And ideally just have a disbursement mechanism that comes from not banks, but from the government directly....

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