Incentives for Bureaucratic Adaptation

fail to adapt.

And the fact that they can

fail and die is what provides the incentive to

survive.

But governments can't die,

so we need to find other incentives for bureaucracy to

adapt and improve.

The technology revolution has transformed organizations across the private

sector,

but not ours, not fully,

not yet.

We are, as they say,

uh, tangled in our anchor chain.

Our financial systems are decades old.

According to some estimates, we cannot track two point three trillion

dollars in transactions.

We cannot share information from floor to floor in this building because

it's stored on dozens of different technological systems that are

inaccessible or incompatible

End of transcript · 109 words

iPhone app Translate videos on your iPhone Paste a TikTok, Instagram or X link, add subtitles in your language and save the video to Photos.

Read any video in your language

Paste a link from X, TikTok, YouTube or Instagram. You get a page like this one.

© 2026 TranslateMom Transcripts Sources Pricing Legal