merciless clawing action we saw at the start of this chapter, which explains the unique power (and value) of the essential firms of our age. Once that’s done, however, once the mesh of distribution and connection is in place and growing, then emergence begins. The completely new...
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…month target): 5,850 ¢ We keep our neutral stance on UK equities. Earnings have continued to disappoint, showing one of the weakest dynamics within our market universe. Commodity related sectors show steep earnings declines, which is expected to moderate only in a lagged fashion...
70 CHAPTER EIGHT Hacktavist . “When you gaze long into an abyss the abyss gazes into you”. ~ Friedrich Nietzsche By 2012, the alienated hacktavist battling to unlock the secrets of evil corporations and governments had become a stock hero of popular culture. For example, in the...
I was introduced to Max Tegmark some years ago by his MIT colleague Alan Guth, the father of the inflationary universe. A distinguished theoretical physicist and cosmologist himself, Max’s principal concern nowadays is the looming existential risk posed by the creation of an AGI...
If I offered you $10,000,000 to work 24 hours a day for 15 years and then retire, would you do it? Of course not—you couldn’t. It is unsustainable, just as what most define as a career: doing the same thing for 8+ hours per day until you break down or have enough cash to permanen...
o BRIDGE | Dedicated Compartmentis a vehicle created by a large European institution and anchor investor of the first fund with a €250m target amount available for deployment. o BRIDGE II reached first close in December 2016 with €150m of commitments in order to invest in three t...
In 2005, George Dyson, a historian of science and technology, visited Google at the invitation of some Google engineers. The occasion was the sixtieth anniversary of John von Neumann's proposal for a digital computer. After the visit, George wrote an essay, “Turing’s Cathedral,”...