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.
It takes the gumption of a hero to identify as a socialist in the United States, and something of a miracle to get elected to public office under a red banner. But that is what 29-year-old Alexandria Ocasio-Cortez did when she pulled off a massive upset in the 2018 midterm elections, beating incumbent Joe Crawley in the primaries and thus ejecting the chair of the Democratic Caucus from the House of Representatives.
The current plight of tech giant Huawei is indicative of the troubles large Chinese corporates may experience as they seek to augment their footprint and become global players. The poster boy of China’s technological prowess, Huawei Technologies’ corporate growth mirrored the country’s economic ascendancy: the Shenzhen-based company quintupled its revenue in barely ten years to around $90 billion (2017). Since mid-last year, Huawei churns out more smartphones than Apple. The company is expected to overtake Samsung in the next twelve months, becoming the world’s largest manufacturer of handsets.
Stumbling or sleepwalking towards the exit of the European Union, Great Britain has put its national fate and destiny into the hands of voters who, for over forty years, have been spoon-fed a sheer interminable succession of half truths and outright lies about a body nearly everybody loves to blame for whatever ills the nation is suffering.
He had absolutely no idea that his creation would be hijacked by big business, encourage tunnel vision, and spread misinformation. Vinton Cerf just wanted to build a medium that allowed for the sharing of useful information. To that end, Mr Cerf and his colleague Bob Kahn at the US Defense Advanced Research Projects Agency came up with both the Internet Protocol (IP) and the Transmission Control Protocol (TCP) in the early 1970s: technologies that underpin – and made possible – the internet.
In November, the first high-speed railway line of Africa entered into service, linking Tangier and Casablanca via the country’s capital Rabat. Over the entire 350-kilometre stretch, the ‘Al Boraq’ (named after a mythical winged creature) slashes journey times by more than half to barely two hours between its two termini.
Shaping innovative ways to help implement, and deliver on, the United Nations 2030 Agenda, the Geneva-based SDG Lab seeks to bring together multiple actors to bundle and deploy their expertise, and exploit opportunities that offer shared benefits and add real value. In existence since June 1, 2017, SDG Lab is small and nimble as it engages with multiple stakeholders with a foot- or toehold in what is, arguably, one of the world’s most cosmopolitan cities.
Standing on the cusp of the fourth industrial revolution which promises to fuse the physical, biological, and virtual (digital) worlds, the capitalism that Karl Marx dissected and analysed seems to be running out of steam – at least in its present form. Though corporate earnings reach into the stratosphere, Adam Smith had already observed in the eighteenth century that the ‘rate of profit is always highest in the countries which are going fastest to ruin’.
To the minders of the literary establishment, he peddles ‘boneheaded nonsense’ (David Rieff in The New Republic) or takes ‘intellectual shortcuts’ (David Lipsky in the New York Times Review of Books), yet Robert D Kaplan remains one of the most-widely read commentators of present times. His often polarising work – dismissed as ‘cheap pessimism’ by most in academia – has been mandatory reading for US foreign policy mandarins of Republican and Democrat administrations alike. Mr Kaplan (66) attained sage-like status for predicting and documenting the rise of religious fundamentalism in Central Asia and for warning about its capacity to redefine warfare, long before the clash of civilisations became a global concern somewhere in 1996.
It wasn’t meant to be this way. The domain of a mere handful of tech giants, today’s internet is a far cry from the almost anarchic virtual space – a chaotic online universe that encouraged diversity, innovation, and – yes – revolution, or at the very least, the good-humoured subversion...
Visions of the autobahn – the surrounding countryside reduced to a fast forward flash, propelled along by the drone-like beat of Kraftwerk (‘Weiser Streifen, Grüner Rand’) – whilst marvelling at the absence of speed limits. Germany, land of free drivers and petrolheads on steroids, is of course also home to...
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