Riskgaming

Our guest today, Mike Sexton, believes that the AI singularity has arrived, and somehow, it ended up “on page C3 in the newspaper.” What he’s getting at is that the tools we have at our fingertips today like ChatGPT, NotebookLM and others are already so diversely capable, we have reached a point of no return when it comes to future societal change. We need to get ahead of those changes, embrace...

Over the past few decades, an astonishing pattern has taken place: Americans no longer migrate. From a peak of roughly one third of the country moving cities in a single year, today, migration rates have declined and are now in line with the Old Continent of Europe. The dynamism of the American economy was predicated on all kinds of people seeking out work and building families, but now that...

Estonia is a nation of 1.3 million people, situated in a dangerous neighborhood on the Baltic Sea. It gained its independence early in the 20th century, only for the Soviets to take the country by force. Estonia gained its independence again in 1991, and has since become one of the most digital-native countries in the world. How did a nation with a feared secret police become so open to the...

Abundance has become the word of the year in politics, led by Ezra Klein and Derek Thompson’s book and a slew of articles and podcasts trailing in its wake. Everyone loves growth and prosperity of course, but what ultimately matters in local politics is organizing. To build the future in America’s cities, you’ve got to secure petitions, representation and votes, and that’s the subject of today’s...

It’s not every day that we get to fete the launch of a new book by one of our colleagues at Lux Capital, so today is a very special day. Lux’s scientist-in-residence, Sam Arbesman, just published his new book, “The Magic of Code: How Digital Language Created and Connects Our World―and Shapes Our Future.” It’s a deep dive into the wonderful conjuring that comes from coding computers, and Sam...

Food is one of the great bedrocks of human existence. Given its primacy to survival, it has also increasingly become a locus for conflict, either due to famine or as an exploitable vulnerability of even the most powerful countries. Russia’s war on Ukraine made it clear that grain could be fought over in the battle for supremacy, with the whole world dependent on the outcome.Today, we have a...

Since the launch of Project Stargate by OpenAI and the debut of DeepSeek’s V3 model, there has been a raging debate in global AI circles: what’s the balance between openness and scale when it comes to the competition for the frontiers of AI performance? More compute has traditionally led to better models, but V3 showed that it was possible to rapidly improve a model with less compute. At risk in...

The U.S. Congress and the executive branch have an extraordinary level of influence over all aspects of business. Yet, as businesses have become ever more complex, the gap in knowledge between legislators and regulators has dramatically increased. That pattern is even more evident when it comes to high-scale startups and the venture capital industry, a weird niche of the investment world that...

Last week, we recirculated one of my favorite episodes in the entire archive, our May 2022 lunch debate on risk, bias and decision-making with Nobel Prize Winner Danny Kahneman, World Series of Poker champion Annie Duke, legendary investment strategist Michael Maubaussin of Morgan Stanley’s Counterpoint Global, and our own founding managing partner Josh Wolfe. In last week’s episode, the group...

Reindustrialization has been a persistent theme in Silicon Valley circles the past few years, and now it’s having its moment in the sun in Washington DC too. More and more policymakers, legislators and administrators have come to terms with a stark reality: America has left the means of production behind, and in the process, has surrendered some of the country’s most powerful advantages to its...