3 Big Structural Forces To Watch: Tech Cold War, Diesel Car Collapse, Liquidity Illusion.

I recently gave a speech on 3 key themes many investors are neglecting . Here’s the summary:

1)      US-China tech cold war. The essence is that the US establishment led by the US Department Of Defense (DoD) has deemed China’s tech development as a national security issue. The view has been publically articulated by US Vice President Mike Pence in his  Hudson Institute speech last October, where he talked about “using stolen technology, the Chinese Communist Party is turning plowshares into swords on a massive scale”. Meanwhile, the DoD’s venture capital unit, the DIUx, has described in a white paper that a key dimension of China’s technology transfer strategy is to invest in US start-ups, which had to be curtailed. On top of all of this, Congress has taken an increasingly hawkish stance to China.

Continue reading “3 Big Structural Forces To Watch: Tech Cold War, Diesel Car Collapse, Liquidity Illusion.”

I Don’t Want Tweets, I Want Flying Cars (4 min read)

Speech given to the management team of a global multinational earlier this week. I’ve left out content that I covered in a previous speech

Peter Thiel, the co-founder of Paypal with Elon Musk, famously said that we were promised flying cars and we got 140 characters. This touches on the dichotomy between the world of atoms (the physical realm) and the world of bits (the digital realm). The tech revolution of recent decades has focused on evaporating physical products from books to music to films into the digital ether. This has transformed those industries in terms of content generation, distribution and the ability to scale, but our physical worlds still kinda feel the same. Continue reading “I Don’t Want Tweets, I Want Flying Cars (4 min read)”