Impact = Profit is a bad meme (and mechanism)

Recently ran into the Impact = Profit meme, and I have come to believe that it’s not a good mechanism for determining how much to fund a public good.

Here’s a brief writeup of the problems I see with Impact = Profit, as well as a suggestion of a promising alternative: Impact = Funding

If you’d like to join the discussion on twitter you can find it here:

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I think your suggested model keeps the profit motive unchanged.

While the Optimism mechanism is about incentivising impact, irrespective of whether it is profitable or ‘just’ a public good.

I prefer the original, Optimism position; where I believe they see the profit motive, alone, has skewed the creation and maintenance of public goods.