I’ve seen hundreds of millions (!!) wasted at a university on a program of software projects that failed miserably.
Having too much money allows for unproven, complicated or arbitrarily selected solutions and more bureaucracy that introduces Tragedy of the Commons mediocrity and diffusion of responsbility to address higher-level risks.
Having too much money allows for unproven, complicated or arbitrarily selected solutions and more bureaucracy that introduces Tragedy of the Commons mediocrity and diffusion of responsbility to address higher-level risks.