NFTs, or Non-Fungible Tokens, are the new fad at the intersection of Tech (crypto) and Art.
The value proposition seems difficult to accept or even understand for our generation, but remember Paul Krugman predicted in 1998 that “most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
Truly disruptive innovation does not gain foot by old generation adoption: it gains foot by the old generation getting old and irrelevant/dead and a new generation of native adopters taking over. …
Third and last part on China’s geopolitics and military.
(re-)Read part 1: China, The Planned Superpower (Part 1).
(re-)Read Part 2: China: Dreaming of a Blue-Water Navy (Part 2).
We’ve also established that China was working on building its military machine with high economic efficiency, and making sure it was getting ample training to reach operating readiness.
Now for the last two missing blocks:
As we’ve seen in the…
Let’s cut through the chase. Everything comes to the fact that China does not have a true blue-water navy.
After 20 years of military modernisation, China released its new Defense whitepaper released last July 2019: China’s National Defense in the New Era (pdf download). This whitepaper explains China’s strategy to become a true superpower by 2050, on par or overtaking the US.
This reported trigger the following analysis by the US Defense Department: Military and Security Developments Involving the People’s Republic of China — 2020 Annual Report to Congress.
I want to explain what critical elements are still fully missing for China to reach that status, despite largely surpassing the US in Purchasing Power Parity GDP already (28tn vs…
When I first read Philip Tetlock’s Superforecasting, I thought I understood his concept of “the fox knows many things, but the hedgehog knows one big thing.”. It sounds right, you don’t need to dig deeper, do you?
It is the basis of another famous principle: “Strong assumptions, weakly held.”
I am sure you heard it many times, and it felt like a great quote. But think about it one second: can you explain to someone what it actually means?
When I read this fabulous essay by Venkatesh Rao, who wrote some of the best essays I ever read, I understood…
This is probably the single highest-leverage advice I would recommend. When I started in consulting, this is one of the very first guidelines I was given. Lots of consultants try and fight it for some time. I think it is an absolutely brilliant principle to follow.
It is the archetype of less is more:
Not only people won’t be reading your slide while you are talking because there is an information/delivery mismatch between…
In a previous issue, we talked about Josh Waitzkin’s way of mastering learning as a skill. If you remember, a lot of his own life experience was related to sports, after him switching from Chess to Tai Chi.
This happens to be for a good reason: many sports are a vivid way to practice your OODA loop in real-time. “OODA” means observe-orient-decide-act. What makes sport an amazing school for this is that more often than not, those three steps have to be squeezed in a fraction of a second. Even (especially?) …
Two weeks ago, our baby daughter discovered stair steps. More precisely, that one single step under a doorframe. She immediately started the fascinating venture to climb over that step again and again… and again.
Both my wife and mother-in-law were very nearby (obviously). What I found fascinating were their respective immediate reactions.
My wife jumped to help her so she would not fall.
Her mum said: “Oh, she is so smart!”
I asked that we let her fall.
This is why:
Most reasonably advanced animal brains are learning machines. Some birds have to learn how the stars rotate to be…
Antifragility is a concept introduced by Nassim Taleb to describe complex (eco)system’s reaction to negative shocks. Systems can react in three different ways to those negative shocks:
I recently finished The Art of Learning, by Josh Waitzkin.
It is a beautiful book: a captivating story, deep teachings, and overall something quite pleasant to read. I advise you to read it if you can find the time. It is not too long.
The key practical principles I noted and wanted to share with you are: