“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:
- Climate Change
- Nuclear proliferation
- Misinformation
- Ransomware
- Cancer (a coordination failure within the human body)
- Inadequate access to education or employment
- The loss of biodiversity”
Source: Bankless newsletter 17 Feb 2022.