<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/6d20499621014059aa38f6cd85806f9f&quot; frameborder=&quot;0&quot; width=&quot;2050&quot; height=&quot;1537&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1537</height><width>2050</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1537</thumbnail_height><thumbnail_width>2050</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/6d20499621014059aa38f6cd85806f9f-00001.gif</thumbnail_url><duration>768.0999999999998</duration><title>Understanding Wrong Incentives in Governance</title><description>In this video, I discuss the concept of wrong incentives and how they can negatively impact governance. I highlight the example of incentivizing voter turnout and argue that it can lead to perverse incentives and a decrease in the quality of decision-making. I also explore the Thousand-Validator Program and its scoring system, which can result in voters not thoroughly researching proposals before voting. Ultimately, I emphasize the importance of incentivizing quality over quantity in governance.</description></oembed>