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.
And now for something completely different… Florian Schneider has passed away. French synthesiser virtuoso Jean-Michelle Jarre wished him Godspeed on eternity’s autobahn. Gary Kemp of Spandau Ballet acknowledged his debt to the architect and builder of music’s new Metropolis. In 1970, Florian Schneider founded the German electro pop group Kraftwerk...
Look and read, but please don’t tell. This is, believe it or not, a defence of US President Donald Trump as he stumbles, trips, and bluffs his way through the corona pandemic whilst its centre of gravity shifts towards the United States. It is easy, almost gratuitously so, to deride...
In a bizarre paint-by-numbers exercise, the world map of the corona pandemic is constantly being redrawn as viral hotspots suddenly appear, and others slowly fade away. Until recently relatively immune to corona, Russia is reporting a jump in the infection rate whilst in the United States the virus is spreading...
It is time to revisit China. Of late, Xi Jinping, the country’s ruler, seems to be taking fashion advice from his elusive counterpart just across the border in North Korea, replacing his stylish suit and tie for the drab attire that marked the Maoist Era. With a somewhat disconcerting frequency,...
If imitation is the highest form of flattery, then President Jair Bolsonaro of Brazil remains without equal. Mr Bolsonaro not only mimics the behaviour of his US counterpart Donald Trump, whom he considers a good friend and model leader, but takes the art of indifference to an entirely new level....
‘Deplatforming’ is alive and kicking, and apparently not affected by the pandemic. Controversial US filmmaker Michael Moore was loudly booed after the release of his latest documentary in which he questions the dogmas surrounding climate change. The film was met with cries of shame and calls to outlaw its showing....
Idle hands are the devil’s workshop and so is an idle mind. Being cooped up at home is an open invitation to bodily harm and unhinges the mental balance as well. The wielding of potentially lethal tools to craft do-it-yourself hobby objects that usually offend any lingering sense of aesthetics...
Disconcerting news from Germany. The corona reproduction rate (R) has crept back up from 0.7 to 1, meaning that every person carrying the virus, knowingly or otherwise, on average infects one other person. The news, not entirely unexpected after last week’s easing of the lockdown restrictions, prompted Dr Lothar Wieler...
The global cost of the corona pandemic now approaches the $10 trillion mark. This is the price of the handouts, tax deferrals, and loan guarantees extended by governments trying to nurse their societies back to health. Only a fraction of that money may, in the fulness of time, be recouped....
In the good old days, the likes of Fidel Castro and Hugo Chávez entertained their people with seemingly unending ramblings about nearly every topic under the sun. Both rulers are now dead, but a few presidents still cling to notions of omniscience and feel the need to shine their light...
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