Incentives & Outcomes in Humans, AI, and Crypto
On Charlie Munger Charlie Munger once said: “Show me the incentive, and I’ll show you the outcome.” If he were in his prime today, he’d be the Czar of AI & Crypto. David Sacks, the current Czar of AI & Crypto in 2025, is doing a phenomenal job on the legislative front, but Charlie would have embodied it differently. Incentives run the world. They’re innate to human nature. What I find intriguing is how this core understanding translates to other domains. ...