9min chapter

"World of DaaS" cover image

Andrew Ross Sorkin: SVB, Lessons from 2008 Financial Crisis & VC

"World of DaaS"

CHAPTER

The Impact of Political Backlash and Distrust in Institutions

This chapter reflects on the political backlash and its long-lasting effects, including the rise of President Trump and the questioning of expertise in the country. It discusses the erosion of public trust in elites and experts due to events like the war in Iraq and the 2008 financial crisis, leading to a widespread questioning of reliable information and institutions.

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