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.
Smile. You’re on camera. On Tuesday, the Dutch Data Protection Authority issued a €30.5 million fine to Clearview AI, a US corporation that scrapes the internet to gather photos and data of people. The company is not just interested in miscreants but casts a wide net and essentially wants to include everybody, preferably all earthlings.
On Monday, the federal supreme court of Brazil voted unanimously to uphold the ban on X, the platform formerly known as Twitter. Last week, Alexandre de Moraes, one of the court’s justices, ordered the shutdown of X for its failure to comply with Brazilian law and its refusal to appoint a legal representative in the country. The platform went blank over the weekend as service providers scrambled to block access. Justice De Moraes also decreed that anyone using ‘technological subterfuge’ such as a virtual private network (VPN) to evade his ban would risk a fine of €8,000 per day.
Political life in Germany was thrown into disarray after the ruling coalition of Chancellor Olaf Scholz was dealt a crushing defeat by voters in Thuringia and Saxony. In the former, the Alternative for Germany (AfD) cruised to victory and in the latter it’s down to a toss-up between the nationalist party and the centre-right Christian Democratic Union (CDU). Officially designated an extremist party, the AfD will find it difficult to monetise its stunning victory. Securing 32.8%of the vote in Thuringia, the party needs a coalition party to in order to form a government. However, no other party is willing to engage or cooperate with the AfD. Local observers point out that, based on yesterday’s vote, assembling a majority in the state legislature seems impossible without breaching the cordon sanitaire that seeks to deny the AfD a path to power.
The deafening drumbeat of war and civil strife reverberating around the world, from Haiti to Taiwan, drowns out smaller, but no less deadly, conflicts elsewhere such as in Sudan. Here, powers of ill repute such as Russia, Iran, and a few other unsavoury warmongers are stoking a struggle between two factions intend on looting whatever is left of the perennially troubled country - the third largest in Africa after Algeria and the grotesquely misnamed Democratic Republic of the Congo.
Scenes of wild water bursting the doors of a shop somewhere in Austria. The message/tweet posted on X: “expect more of this, watch climate change in action.” Social media is awash with alarmists, attributing all the world’s weather phenomena to global warming, often accompanied by a rallying cry for immediate remedial action. Don’t eat meat; don’t use fossil fuel; shun airplanes; shower less; install solar panels; turn down the heating or cooling - an apparently endless stream of commandments assail the average citizen.
Caught in a closing pincher between Israel and Hezbollah, the people of Lebanon lack agency - and a government. Their fate rests with the Party of God, a terrorist organisation and proxy of Iran’s ayatollahs that constitutes the de facto power in Lebanon. The country has been without a president for well over two years. Twelve successive votes in parliament failed to produce a head of state. Caretaker prime minister Najib Mikati, a liberal, is effectively powerless as the country sinks further into economic chaos and social despair whilst forces far beyond its control prepare for war.
About three quarters of Britons consider far-right extremism, racism, and religious polarisation serious issues. About half also believe that the UK is currently unsafe for muslims. However, the riots that shook the country last week do not at all represent the values espoused by Britons (73%). The rioters’ ways and means may be almost universally despised and rejected, that does not necessarily mean that most people feel safe and well in their green and pleasant land. Research by More in Common has found that popular opinion cannot be conveniently divided into opposing camps. The research group tries to map and understand the forces that undermine social cohesion and find common ground.
The prospect of a Trump 2.0 presidency keeps EU officials in Brussels busy with contingency planning. Meanwhile in the US, the prospect of a Harris presidency also causes concern, mostly over the way Mr Trump’s and his more ardent followers may respond to another ‘steal’. Some Republicans have already threatened a civil war should their candidate fail to win the election. “I’m afraid if we lose this one, it’s going to take a civil war to save the country, and it will be saved,” assured Senator George Lang of Ohio when he introduced JD Vance, Mr Trump’s running mate.
Dear AI Bot, You recently assembled a list of seven tips for copywriters who want to improve their skills. The post on LinkedIn mentions that you received assistance from the ‘LinkedIn-community’. I assume said community comprises expert copywriters who may wonder why you decided to insert that rather silly hyphen. Has nobody bothered to explain the rules governing the use of that punctuation mark. I guess not.
US astronauts Barry Wilmore (61) and Sunita Williams (58) are having a ‘Major Tom’ moment aboard the International Space Station (ISS). They arrived on June 6 for an 8-day mission but became stuck in space after their Boeing CST-100 Starliner spacecraft suffered a malfunction with its helium-powered thrusters. Already stranded for two months, the astronauts may have to wait until February - another six months - for a ride home. Yesterday, NASA suggested it may turn to SpaceX for help.
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