The Great Tech Game Podcast: Geopolitics, Technology, Business and Global Affairs, with Anirudh Suri

Join host Anirudh Suri as he delves into a deep conversation with guest Sebastian Mallaby about the shifting dynamics between technology and capital. They discuss the current landscape where technology and venture capital are outshining traditional Wall Street firms, explore the exponential growth driven by advancements like artificial intelligence, and question whether the real power has shifted from financial institutions to tech innovators.

Full Episode: https://youtu.be/CH-4yCU1BTs In this episode, host Anirudh Suri engages in an insightful conversation with Sebastian Mallaby about the implications of a tech-driven economic world. They discuss the divergence in global economic trends, the increase and decrease of inequality, and the dynamics between labor and capital. Mallaby provides historical context, referencing Thomas Piketty's theories and examining periods where labor held significant negotiating power, such as the 1950s and 1960s in America. The conversation touches on the reversal of inequality trends post-COVID and stresses the non-deterministic nature of economic cycles. 00:00 Introduction: Tech-Driven Economic Divergence 00:25 Thomas Piketty's Capital and Economic Inequality 01:09 Debunking the Iron Law of Capital 02:28 Recent Trends in U.S. Inequality 03:07 Historical Examples of Labor vs. Capital Rewards 04:31 The Impact of Global Competition on Labor **Books** Sebastian: **The Power Law: Venture Capital and the Making of the New Future** - https://amzn.eu/d/0N1LYKo **More Money than God** - https://amzn.eu/d/goWCmMg **The Man Who Knew: The Life & Times of Alan Greenspan -** https://amzn.eu/d/7U4ZzSe Anirudh: The Great Tech Game by Anirudh Suri : [amzn.eu/d/1Su38My](http://amzn.eu/d/1Su38My) Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Youtube: https://www.youtube.com/@anirudh_suri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #EconomicInequality, #TechDrivenEconomy, #ThomasPiketty, #CapitalBook, #JaipurLiteraryFestival, #COVIDImpact, #EconomicDivergence, #LaborVsCapital, #PoliticalEconomy, #InequalityTrends, #IncomeDisparity, #EconomicCycles, #DemocracyAndInequality, #UnionizedWorkforce, #WageBargaining, #Protectionism, #AutoIndustry, #JapaneseCompetitors, #CapitalInvestment, #WorkerCompensation

Join host Anirudh Suri and guest Sebastian Mallaby as they explore the historical evolution of capital and its profound impact on global finance. They discuss the pivotal role of the Industrial Revolution in shifting from small-scale operations to large companies, the influence of trade finance during the great trading era, and the emergence of powerful financial figures like JP Morgan. The conversation also highlights the significant contributions of contemporary financiers such as George Soros and Arthur Rock in shaping modern economics and technological innovation.

In this episode, host Anirudh Suri engages in an insightful discussion with guest Sebastian Mallaby on the historical evolution of financial systems and the regulatory cycles over the past century. They explore the dynamics between private banking entities and public institutions like the central bank, focusing on significant periods such as the establishment of the Federal Reserve, the 1920s stock market bubble and the ensuing crash, and the 2008 financial crisis. They also draw parallels between these financial regulatory cycles and the current tug of war between big tech firms and governments, examining the systemic implications of financial versus technological excesses.

In this episode, host Anirudh Suri discusses the rising levels of global inequality with guest Sebastian Mallaby. They delve into historical contexts, comparing today's socioeconomic conditions with the pre-World War I era, and contemplate the potential for significant socio-political movements. The conversation touches on the rise of populism, the impact of social media on perceptions of inequality, and its implications for political landscapes in the U.S. and Europe.

Full Episode: https://youtu.be/CH-4yCU1BTs Join host Anirudh Suri as he delves into a deep conversation with guest Sebastian Mallaby about the shifting dynamics between technology and capital. They discuss the current landscape where technology and venture capital are outshining traditional Wall Street firms, explore the exponential growth driven by advancements like artificial intelligence, and question whether the real power has shifted from financial institutions to tech innovators. 00:00 Introduction to Technology and Capital 00:24 The Dominance of Technology in Modern Capitalism 00:48 Venture Capital vs. Wall Street 01:04 Media Coverage and Market Valuations 01:22 Investment Comparisons: Tech vs. Wall Street 02:13 The Shift of Power to Silicon Valley 02:39 The Impact of Technological Advancements **Books** Sebastian: **The Power Law: Venture Capital and the Making of the New Future** - https://amzn.eu/d/0N1LYKo **More Money than God** - https://amzn.eu/d/goWCmMg **The Man Who Knew: The Life & Times of Alan Greenspan -** https://amzn.eu/d/7U4ZzSe Anirudh: The Great Tech Game by Anirudh Suri : [amzn.eu/d/1Su38My](http://amzn.eu/d/1Su38My) Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Youtube: https://www.youtube.com/@anirudh_suri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #TechAndCapital, #PowerShift, #VentureCapital, #WallStreetRegulation, #GlobalCapitalism, #TechFinance, #SequoiaCapital, #GoldmanSachs, #MorganStanley, #StockMarketValuations, #FinancialCrisis2008, #TechValuations, #AppleInvestments, #PowerLaw, #JohnGunn, #TheGreatGame, #SiliconValley, #MooresLaw, #ExponentialGrowth, #ArtificialIntelligence

In this episode, host Anirudh Suri discusses with guest Sebastian Mallaby the rise and influence of hedge funds and venture capital in the finance industry. They delve into how these players, absent in the 1920s and 1930s, have become powerful forces shaping the rules of the game today. The conversation covers the significant growth and role of hedge funds in market innovation and price discovery, and the risk-reward dynamics unique to venture capital. Mallaby also explains why these forms of capital deployment remain distinct from the operations within large traditional banks, attributing it to the differences in incentive structures.

Full Episode: https://youtu.be/CH-4yCU1BTs Host Anirudh Suri interviews Sebastian Mallaby disscus about the potential shift in the venture capital industry from a unipolar dominance by Silicon Valley to a multipolar landscape, how venture capital, which traditionally relies on taking big risks for massive upsides, is spreading beyond Northern California to regions like China, India, and Europe. The discussion highlights that growing local markets and cultural shifts toward accepting failure as a learning experience are pivotal in this transition. However, the success of venture capital in smaller markets, such as those in Africa, remains uncertain due to limited market size and the need for a unified market. They examines how the Silicon Valley mindset, which values failure as a stepping-stone, is essential for adopting the power law investment strategy inherent to venture capital success. **Books** Sebastian: **The Power Law: Venture Capital and the Making of the New Future** - https://amzn.eu/d/0N1LYKo **More Money than God** - https://amzn.eu/d/goWCmMg **The Man Who Knew: The Life & Times of Alan Greenspan -** https://amzn.eu/d/7U4ZzSe Anirudh: The Great Tech Game by Anirudh Suri : [amzn.eu/d/1Su38My](http://amzn.eu/d/1Su38My) Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Youtube: https://www.youtube.com/@anirudh_suri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #FinanceHistory, #EconomicCycles, #GovernmentIntervention, #CentralBanking, #FederalReserve, #BankingCrisis, #FinancialRegulation, #StockMarketCrash, #SecuritiesAndExchangeCommission, #FinancialInnovation, #DerivativesMarket, #FinancialCrisis2008, #BankBailout, #WallStreetHistory, #GreatDepression, #EconomicRegulation, #TechVsGovernment, #BigTechRegulation, #TechIndustry, #GovernmentVsTech

Full Episode: https://youtu.be/CH-4yCU1BTs In this episode, host Anirudh Suri discusses with guest Sebastian Mallaby the rise and influence of hedge funds and venture capital in the finance industry. They delve into how these players, absent in the 1920s and 1930s, have become powerful forces shaping the rules of the game today. The conversation covers the significant growth and role of hedge funds in market innovation and price discovery, and the risk-reward dynamics unique to venture capital. Mallaby also explains why these forms of capital deployment remain distinct from the operations within large traditional banks, attributing it to the differences in incentive structures. 00:00 Introduction to New Players in Finance 00:31 The Evolution and Impact of Hedge Funds 02:50 Venture Capital: High Risk, High Reward 05:11 Comparing Hedge Funds and Venture Capital 05:49 Incentive Structures in Finance **Books** Sebastian: **The Power Law: Venture Capital and the Making of the New Future** - https://amzn.eu/d/0N1LYKo **More Money than God** - https://amzn.eu/d/goWCmMg **The Man Who Knew: The Life & Times of Alan Greenspan -** https://amzn.eu/d/7U4ZzSe Anirudh: The Great Tech Game by Anirudh Suri : [amzn.eu/d/1Su38My](http://amzn.eu/d/1Su38My) Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Youtube: https://www.youtube.com/@anirudh_suri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #VentureCapital, #HedgeFunds, #CapitalGame, #FinancialMarkets, #InvestmentStrategy, #TraditionalBanks, #Regulation, #FinancialInnovation, #PriceDiscovery, #StockMarket, #Startups, #InvestmentRisk, #AssetManagement, #HighReturns, #IncentiveStructures, #InvestmentFocus, #CorporateVentureCapital, #EconomicImpact, #TradingResearch, #PowerLaw

In this episode, host Anirudh Suri engages in an insightful conversation with Sebastian Mallaby about the implications of a tech-driven economic world. They discuss the divergence in global economic trends, the increase and decrease of inequality, and the dynamics between labor and capital. Mallaby provides historical context, referencing Thomas Piketty's theories and examining periods where labor held significant negotiating power, such as the 1950s and 1960s in America. The conversation touches on the reversal of inequality trends post-COVID and stresses the non-deterministic nature of economic cycles.