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Peter Zeehan’s Five Paths to Abundance…and One More
Peter Zeihan is one of my favorite intellectual provocateurs. Flamboyant, cocky, often cogent, and savvy about science, technology and geopolitics, he would have been perfect for my COSM conference from November 1-3 in Bellevue, Washington. But he said he was “all tied up”…maybe next year. So we’ll have to get along with a constellation of […]
Life After Silicon
As our world breaks down into teetering towers of babble and bombast, we can turn to politicians running on platforms of lockdown and war. Or we can embrace a superabundant new era of redemptive technology. The currently fashionable name for this haven from a heinous world is the “metaverse.” Conceived by Neal Stevenson in his […]
Be Not Afraid
Let’s all “stare into the abyss and chew on glass!” That’s how Elon Musk depicts the crazed mental and even gastro-dental distress of people faced with threats to the survival of their paradigms, their companies, and even our precious planet. Today, the abyss-staring and glass-chewing focuses on artificial intelligence (AI) and climate change angst. The […]
The Troubles of Chairman Xi
It was less than a year ago that the 20th Congress of the Chinese Communist Party named Xi Jinping ruler for life. It’s shaping up to be a tough life. Xi has real troubles. Getting past them would require some dramatic backpedaling. If he can pull that off, he could save himself and serve his […]
An Act of War or Just Another Two Minute Hate?
If it is true that the Chinese People’s Liberation Army has planted malware “deep inside the networks controlling power grids, communications systems and water supplies that feed military bases in the United States and around the world,” as The New York Times reports, then China has committed an act of war. If so, the U.S. […]
The European Grasshopper Loses to the American Ant
The Wall Street Journal has made a remarkable discovery. He who does not work (much) does not eat (much). Europe, says the Journal, is descending into poverty because Europeans are, um, lazy. Based on International Monetary Fund (IMF) figures, in 2008 the Eurozone and U.S. economies were roughly the same size with U.S. GDP at […]
Should We Imitate China, or Taiwan?
Despite the anti-Chinese hysteria gripping our rulers in Washington, much of what they do seems devoted to making us more like the country they profess to hate so much. From Democrats, some 65% percent of whom pine for the socialist path, this is hardly a surprise. Republicans, however, are doing as much or more to […]
Two Cheers for Senator Warren
Has the Federal Reserve heard of supply and demand? Of demand, Fed officials have heard for sure. They are obsessed with it, possibly because they believe they can control “aggregate demand” by manipulation of credit markets. But if prices are set by supply vs. demand, shouldn’t inflation fighters care about the supply side? The Fed […]
Free at Last? Or why we are even happier than usual about the U.S. economy
Our readers know that we have long resisted the idea that the U.S. economy is headed for a serious “recession,” despite the best efforts of the Federal Reserve to wreak one, and the ravages of emergency socialism mulcting our wealth and savings. Our reasoning has not been complicated. During the Reagan era, from 1983 to […]
AI is already beyond the reach of the regulators, and that’s good news for the rest of us
Something important happened this week and it was nothing to do with squabbles between factions of Russian thugs, or even Hunter Biden. Databricks, a privately held software company, with circa $1billion annual revenues, announced it would pay $1.3 billion to acquire an utterly obscure artificial intelligence (AI) start-up called Mosaic ML. This matters because it […]