The problem: coordination failures

“Coordination Failures occur when a group of humans could achieve a desirable outcome by working together but fail to do so because they don’t coordinate their decision-making. 

Coordination failures are dictator-less dystopias, situations where each citizen, including the leadership, hates the system but for lack of a good coordination mechanism, the failing system endures.

From a god’s-eye view of a system that has suffered a coordination failure, there is a clear problem. From within the system, no one actor can create change. 

Examples of global coordination failures are all around us:

  1. Climate Change
  2. Nuclear proliferation
  3. Misinformation
  4. Ransomware
  5. Cancer (a coordination failure within the human body)
  6. Inadequate access to education or employment
  7. The loss of biodiversity”

Source: Bankless newsletter 17 Feb 2022.