7:00 PM19:00

Identifying and Correcting Perverse Incentives

RSVP here: https://www.eventbrite.com/e/identifying-and-correcting-perverse-incentives-tickets-63458941402


How are perverse incentives causing harm to individuals, to societies, and to the Earth? How can we intervene to change these incentives, and thereby achieve sustainable trajectories for humanity and the planet?

Biocaptivate and Simulation are co-hosting this event at IndieBio. Join us and explore. This will be our inaugural public event and our inaugural workgroup formation salon. We will be distributing Dr. Joon Yun's latest book "Interdependent Capitalism" to attendees with special announcement at the event.

Doors open at 7:00 pm. The panel starts at 7:30 pm and ends at 8:30 pm followed by 30 mins of questions and answers. Breakout group discussions and workgroup formation lead by hosts and/or speakers starts at 9:00 pm and ends at 10:00 pm. Flow networking will occur after 10:00 pm. Our “no small talk” curated networking method is designed to address the deep structural/cultural problems in biotech/science/education and in Silicon Valley. We are always pointy; there is no sugarcoating. Beverages (alcoholic and non-alcoholic) and snacks will be provided.

For those that cannot afford to attend, we offer full scholarships, please email yan@biocaptivate.com with your request.


Po Bronson (Strategy Director, IndieBio)

Nishan Degnarain (Founder, Breakthrough Ocean Ventures)

Maya Lockwood (Communications Director, IndieBio)

Parikshit Sharma (Principal, IndieBio)

Louis Metzger (CSO, Tierra Biosciences; Co-Founder and President, Biocaptivate)

Potentially Relevant Concepts:

- Zeitgeist

(“World spirit," the defining spirit or mood of a particular period of history as shown by the ideas and beliefs of the time.[1])

- Mimetic isomorphism

(“The tendency of institutions facing uncertainty to become more and more alike in a quest for legitimacy in the eyes of employees, customers, and competitors.”[2])

- Runaway objective function

(“If you look at most of the worries about AI (Bostrom, Musk), they are couched in terms of the runaway objective function of a self-improving system that is optimizing for the wrong thing. This is a very useful metaphor for understanding what is wrong with our economy.”[3]-- Tim O’Reilly)

- Embedded growth hypothesis

(“That means that all of those institutions, whether they're law firms or universities or the military, have to reckon with steady state [meaning an economy with mild fluctuations in growth and productivity] by admitting that growth cannot be sustained, by running a Ponzi scheme, or by attempting to cannibalize others to achieve a kind of fake growth to keep those particular institutions running. This is the big story that nobody reports. We have a system-wide problem with embedded growth hypotheses that is turning us all into scoundrels and liars.”[4] -- Eric Weinstein)

- Institutional Betrayal

(“Wrongdoings perpetrated by an institution upon individuals dependent on that institution, including failure to prevent or respond supportively to wrongdoings by individuals (e.g. sexual assault) committed within the context of the institution. It is an extension of betrayal trauma theory.”[5] -- Jennifer Freyd)

- Exhausted majority

(Ordinary people with busy lives who are exhausted, who have no energy to participate in transformational politics or solidarity activism to fight for changes that they might otherwise support.)

- Inclusive stakeholding

(“Rewriting human incentives around mutually vested interests in each others' success will be the key innovation in creating a better world.”[6] -- Joon Yun)

- High Agency

(“When you’re told that something is impossible, is that the end of the conversation, or does that start a second dialogue in your mind, how to get around whoever it is that’s just told you that you can’t do something? So how am I gonna get past this bouncer who told me that I can’t come into this nightclub? How am I going to start a business when my credit is terrible and I have no experience?”[7] -- Eric Weinstein)

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