At Coinbase, our mission to increase economic freedom around the world demands that we operate at the cutting edge of technology—not just in our products but in our core business operations. We are pioneering the use of advanced AI to build a more intelligent and resilient organization.
While the established RAPID (Recommender, Agree, Perform, Input, Decider) decision framework provides a solid structure for accountable decision-making, we recognized an opportunity to augment it with sophisticated AI. At Coinbase, we use RAPIDs for making critical decisions where inputs are taken from key stakeholders across functions and an accountable “decider” makes the final decision based on these insights.
Here’s the format of a RAPID:
Date of Recommendation
Date of Decision: (Ideally within a week of the Recommendation)
Type 1 or Type 2 Decision: If it’s Type 1, it’s not reversible, and you have to be extra careful in making it. If it’s Type 2, you can reverse the decision.
Recommendation: (what the Recommender thinks the outcome should be). This includes details behind the recommendation, pros and cons, risks and benefits.
Recommend: Name of Person A
Agree (or Disagree): Name of Person B
Perform: Other employees who are involved
Input: Other employees who are involved
Decide: Name of Person C
Each of the named persons has the opportunity to put their own Agree or Disagree in, with their additional context.
The goal of using AI for RAPIDs was not simply to optimize a process but to engineer a system that could systematically surface unseen risks, mitigate cognitive bias, and provide a transparent, auditable layer of analysis for our most critical choices. What was created is a system called “RAPID-D,” an internal, AI-powered decision support tool designed to augment our RAPID framework.