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
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