CNN's John Defterios argues that China is stifling innovation in the country. He says both countries have put in place restrictions that harm the long term value of start ups. The united states has a good model, but we can't waste ourovation ecosystem, he adds.
"The world is incredibly complicated, and humans necessarily use heuristics and analogies to process that complexity into simpler forms. These mental shortcuts are never perfect, but they should broadly summarize the complexity they represent while affording their user a sense of their limitations.
In that vein, I want to call attention to two lazy tech analogies that I’ve seen lately as examples of the kind of impoverished analogical thinking that the industry needs to actively avoid." - Danny Crichton
Lux Capital's "Securities" newsletter edition: American national security and startups + Lazy tech analogies by Danny Crichton
"Securities" podcast is produced and edited by Chris Gates