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.
The forward march of the hard right in Europe, deemed unstoppable, has bumped into a roadblock set up by British and French voters. In a surprise outcome of the early parliamentary election, France swung to the left and kept Marine Le Pen’s National Rally well short of the expected majority.
It was only his third day in office, however, parliament showed no mercy for Dutch Prime Minister Dick Schoof. In a tumultuous session, the opposition let it rip, leaving Mr Schoof gasping for air amid a veritable assault on his cabinet. The leaders of the opposition, acting in concert, demanded to know what the prime minister thinks of two of his cabinet members who have expressed concerns over ‘population replacement’ (‘omvolking), a supposedly deliberate policy to replace the native Dutch with immigrants.
Klaus Schwab, the octogenarian founder and chairperson of the World Economic Forum, has been a naughty boy. Mr Schwab repeatedly and persistently harassed female staffers with suggestive and vulgar comments and, on at least one occasion, propped his leg on a desk to place his crotch in front of a staffer’s face whilst lamenting the fact that she wasn’t from Hawaii, explaining that he would have enjoyed watching her in ‘Hawaiian costume’.
On Thursday, voters in the UK will render their verdict on fourteen years of Tory rule. It is expected that the Conservative Party will receive an electoral clobbering of note. Some polls predict that the party may even be relegated to third place, behind both Labour and either the Liberal Democrats or Reform UK, the new kid on the block of Brexit provocateur and Trump-wannabe Nigel Farage.
There is nothing intelligent about artificial intelligence. The clue is in the name: artificial. At best, AI mimics intelligence. And such, it fools the more simple minded into believing that AI is a brainiac whereas, in reality, AI is merely good at crunching big data to distil trends and source possibilities.
WEF executive chairperson Klaus Schwab (86) is taking a step back from the organisation of the talkshop that brings thousands of ‘thought leaders’ to the Swiss mountain resort Davos each year. Conceived as a low key event to allow movers and shakers to swap ideas and experiences away from probing microphones and cameras, the annual event has of late become a stage for grandstanding from where the holier-than-thou dispense lessons in ethics to the unwashed hoi polloi.
This is how a continent sleepwalks into war. It’s not that Europe desires war, or pines for it after a hiatus of seventy years. Rather, the continent is slowly being ushered into one by immutable circumstance over which it no longer has control. It happened before. In 1914, the German...
Wednesday, May 8, 2024 – The corona (covid) virus arrived unexpectedly out of left field and held the world in its grip for well over a year. Government and business were caught by surprise – and woefully unprepared. Crisis management had to be improvised on the spot as developments succeeded...
Friday, May 1, 2024 – How to stand out in a crowd? Consider idiosyncrasy, a peculiar behaviour or attitude that marks the slightly unusual personality of the odd one out. This need not involve appeals to the outrageous as a mechanism to generate attention. The strategy was successfully deployed over...
In his inaugural address to the nation on Sunday, delivered on the steps of the Argentina’s domed neoclassical congress, President Javier Milei (53) repeatedly reminded the crowd that “all the money” has gone and austerity looms. His message was met with roars of applause even as he warned the nation...
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