1/ Do you understand what is happening here before your eyes?
Too WEAK to be FELT—til too STRONG to be BROKEN
“China could ban all news media not funded directly by the Communist Party under new rules that will likely further limit freedom of speech.” telegraph.co.uk/world-news/202…
2/ The TRUTH…
…Is that the TRUTH will be suppressed—by decree or force.
All stats + information will be authorized from the state.
Everything else will be deemed “misinformation” and censorsed and punished
1/
The good news: the METAVERSE is exciting but NOT for the reasons most people are talking about.
The bad news: odds are the 'Metaverse' will be used by IBM in an add before year-end and further dilute + erode it as buzzword bs that we all grow AVERSE to...
2/ To know the FUTURE of the tech of the metaverse
it starts with the PAST of the sci-fi
1/ I am a VC––and arguably have EVERY self-serving reason to not share this...
Yet a reputation for being intellectually honest, critical of hype and a lifelong student of human behavior + markets is better than EVER being a huckster promoter misleading followers…
2/ Excellent piece from longtime friend @andykessler—a tech savvy investor who also is a student of markets
(he made a fortune running money during the .com boom + as he once told me “got to keep the money”;)… wsj.com/articles/low-i…
3/
Andy notes:
Joby is worth more than Lufthansa, EasyJet and JetBlue.
Tesla is worth more than the next 6 automakers combined.
BYND (made with pea protein) is worth more than the entire market for peas eaten globally.
Yahoo was once $125B + AOL $200B, both 99% less today