Expanding the Legacy
Expanding the Legacy
More than technology, Silicon Valley produces hype. It is forever on the cusp of a major breakthrough, needing only a bit more cash for the magic to happen. In the 1990s it was the dot-com boom; in the 2000s nanotechnology; and in the 2010s blockchain and its crypto derivatives. All these hypes promised deliverance from some affliction suffered by mankind and usher in an era of peace, prosperity, and general wellbeing. The paperless office and global village came and went, as did the miraculous nanotech materials and all the pyramids that touched the heavens unlocking vast wealth to believers. More often than not, Silicon Valley offered solutions in search of a problem.
It remains an enduring mystery why about half of American voters idolise a convicted felon, philanderer, pathological liar, and failed businessman. Liberals struggle to comprehend the mood in the mythical ‘American heartland’ - more of a cultural entity than a landmass and usually defined as comprising the twelve landlocked states of the Midwest plus eastern portions of the Mountain States and bits of the Southern States up to West Virginia, Kentucky, and Tennessee. Urbanite liberals cannot make sense of the apparent disconnect between the well-documented misconduct of Donald Trump and the traditional ethical values espoused with great devotion by heartland conservatives.
If it’s not Ukraine, it’s Gaza or Lebanon. Thankfully, little rocket man is keeping quiet and China, at least for now, seems content to limit its threats to Taiwan to lowkey utterances of displeasure. Every week or so, there is disconcerting news on major belligerence unfolding somewhere: Russia creeping up in the Donbas; Ukraine advancing into Kursk Oblast, or Israel preparing for a ground war against Hizbollah. Poor secretary of state Antony Blinken. He shuttles all over to douse fires, cool down hotheads, warn foes, and manage recalcitrant allies - without much to show for it.
The job of venture capital (VC) fund managers involves making out with lots of frogs in the expectation that at least one of them turns into a prince. VC funds have enjoyed a great ride with a powerful business model that not only provided good returns but one with significant benefits to society as well. VC brings innovation and enables bright minds and lateral thinkers to prosper. Its absence is often mentioned to explain the dearth of tech champions in Europe. However, in the era of generative-ai capital is required on a much grander scale than VC can deliver.
Some people move so far beyond the pale and descend so deep into the unfathomable depths of surrealism that even the most gifted raconteur would have to accept the limits of his/her imagination and recognise the inadequacy of language to sketch and covey such departure from human sense and reason. Meet Mark Robinson. He’s the Republican Party’s nominee for the governorship of North Carolina and a self-proclaimed ‘evangelical christian’ who sports not only the obligatory stars-and-stripes pin on the lapel of his jacket, but also a cross which is now his to carry.
Turkeys do not usually vote for Christmas. Still, some people seem genuinely surprised and dismayed by the species’ instinct for self-preservation. Azerbaijan derives more than ninety percent of its export earnings from the sale of oil and natural gas. Each day, the country pumps about 750,000 barrels of oil and dumps 650,000 of them on the global market, bringing in close to $20 billion annually. In November, Azerbaijan is to host COP29, the annual gathering of some forty thousand jet-setting government officials, NGO delegates, and assorted camp followers such as staff, guests, reporters, and ‘parties overflow’, i.e. the merely curious who are allowed to nose around the conference premises as long as they do not partake in the proceedings.
In a diplomatic tour de force, the US government managed to impress on its partners and allies in NATO and the European Union the clear and present danger of a Russian spring offensive against Ukraine. All duly expressed grave concern regarding the recent deployment of Russian troops and hardware in...
Credited with reviving the politically moribund SPD (Sozialdemokratische Partei Deutschlands), and boasting a CV brimming with public administration experience, Olaf Scholz was, until quite recently, considered somewhat of an oddball by the social democrat rank and file for his robot-like body language and speech. It earned him the nickname ‘scholz-o-mat’....
Almost two months to the day after the September 26 federal election Germany, a three-party coalition was unveiled, tasked with ushering in the post-Merkel era with social democrat Olaf Scholz (63) at the helm as chancellor. With the SPD (Sozialdemokratische Partei Deutschlands) at its core, the coalition rests on a...
A charming chauvinist, addicted to adventure, and in his personal life often as ruthless as the characters depicted in his fast-paced novels, Wilbur Addison Smith conquered the apex most writers quietly aspire to but seldom reach: the ability to ignore critics, speak freely, and disregard societal and political convention. Mr...
Reports of its premature passing are greatly exaggerated. Maligned by many and ill-understood by most, globalisation is far from death – or dying. The Corona Pandemic, now into its second year, did expose weak links in cross-border supply chains and the perils of just-in-time manufacturing. Operational efficiency, it would seem,...
She a master of detail yet sustains a grand vision of securing a multilateral approach to cross-border issues that affect nearly all. An enviable political astuteness and the ability to come up with fresh solutions to tired problems have propelled Ngozi Okonjo-Iweala to ever greater heights, shattering countless glass ceilings...
Last year, Dubai registered a surprisingly sharp decline in its population. Almost eight out of every one hundred inhabitants left the country as the Corona Pandemic and a vertiginous drop in oil prices unsettled both nerves and the economy. Key sectors such as real estate, tourism, and retail suffered a...
It is barely a secret that the ruling caste of present-day China seeks to return the country to its former magnificence, lost during the ‘Century of Humiliation’ (1839-1949). This was when Japan and the great western powers unceremoniously carved up the Middle Kingdom. Such a broad policy objective is eminently...
Army generals are a mostly pliant lot. To reach to the top of the military chain of command it is advisable to follow orders from above without asking too many questions. This helps explain why presidents in Latin America prefer to entrust the running of state-owned enterprises to retired generals...
Keep South Africa Safe. The slogan is stamped on President Cyril Ramaphosa’s favourite face mask and could well refer to more than just the Corona Pandemic. The country is embroiled in an epic struggle to save the rule of law from falling prey to the caprices of political factions not...
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