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 one sense, the economic impact of the corona pandemic is helpful to UK Prime Minister Boris Johnson: the depth and scope of the flash recession are such that any fallout from the country’s imminent departure from the European Union will seem trivial by comparison. Nobody could have foretold that...
Slowly and ominously, as the chronicle of a death foretold, the epicentre of the corona pandemic is moving south of the border. Today, the World Health Organisation (WHO), down but far from out, issued a stark warning that after developed countries have managed to flatten the curve and start emerging...
Don’t follow the leader. Also, please don’t smoke. The leader self-medicates whilst smokers die early. That may be true but with a caveat unearthed by scientists: the novel corona virus seems to dislike nicotine and apparently shies away from smokers. Medical authorities in China, France, the United Kingdom, the United...
A Republican Alaska state representative has apologised for likening the curbs on civic freedoms adopted in the fight against the corona virus to the treatment of Jewish people in Nazi Germany. Only after a firestorm erupted amongst his peers in the state capitol and elsewhere did Representative Ben Carpenter see...
Swedes are a remarkably compliant people. Civil disobedience as an expression of individuality is collectively frowned upon whilst strict adherence to official instructions and suggestions is celebrated as the defining component of ‘lagom’, a supposedly untranslatable word that indicates both an acceptance of rules and convention and a passionate desire...
Listening to Dr Rick Bright testify before US Congress and reveal the inner workings of the Trump Administration almost undermines one’s trust in politicians and their carefully selected appointees. In 2016, the good doctor was asked to lead the Biomedical Advanced Research and Development Authority, a federal agency charged with...
Preppers, survivalists, libertarians, and assorted make-believe soldiers of private militias will gather tomorrow around the Michigan state capitol building in Lansing to express their anger over Governor Gretchen Whitmer’s stay-at-home order, now extended to 31 May. Mrs Whitmer has become the focal point of right-wing protests against measures that seek...
Displaying an unsurprising anarchic streak, Elon Musk today defied a county lockdown order to reopen his flagship car assembly plant in Fremont, California. The enfant terrible of the US manufacturing industry dared the local sheriff to arrest him and said that he would be onsite orchestrating the start-up of production...
Just about the last thing Europe needs is for Berlin and Brussels to clash. The EU is, to say the least, not amused by a ruling of the German Constitutional Court in Karlsruhe that could force the Deutsche Bundesbank to drop out of any future support initiatives by the European...
It is not just the Chinese government that mistrusts its people and thinks they cannot handle the truth. Today, it transpired that even the UK government fears public scrutiny and prefers to cloak its knowledge and actions with a shroud of mystery – or, somewhat less poetically, employ a black...
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