
Riskgaming
A podcast by venture capital firm Lux Capital on the opportunities and risks of science, technology, finance and the human condition. Hosted by Danny Crichton from our New York City studios.
Latest episodes

10 snips
Nov 8, 2024 • 44min
The energy economics of our civilization’s digital cathedrals
In this engaging discussion, Mark Mills, a distinguished senior fellow at the Texas Public Policy Foundation, dives into the energy implications of our digital age. He explores the soaring demand for energy from data centers fueled by AI advancements and critiques misplaced focus on AI over traditional computing. Mark argues that the narrative of an energy transition is misleading, emphasizing our ongoing reliance on all energy sources, particularly hydrocarbons. He also highlights the economic impact of data centers and the need for responsible AI governance.

5 snips
Nov 7, 2024 • 43min
The Orthogonal Bet: How deep science ventures redefines deep tech innovation
Dominic Falcao, founding director of Deep Science Ventures, shares his vision for a new approach to deep tech. He discusses the concept of combinatorial innovation and how it's reshaping startup culture. Falcao emphasizes the importance of societal outcomes and cross-disciplinary work. The conversation dives into AI's role in enhancing risk assessment for new technologies and the evolving European tech landscape. His insights on the 'immortal technology tree' framework highlight strategies for navigating uncertainties in scientific innovation.

Nov 2, 2024 • 27min
Introducing our new scenario, DeepFaked and DeepSixed
Laurence Pevsner, Director of Programming at Lux Capital and former speechwriter for the U.S. ambassador to the U.N., joins the discussion on AI election security. They unveil the new scenario 'DeepFaked and DeepSixed,' emphasizing collaboration among 54 players in an intelligence fusion setting to combat threats to democracy. The conversation dives into the complexities of election security, public-private partnerships, and the disruptive potential of deepfake technology. Insights from recent live runthroughs in New York and Washington reveal significant lessons learned in safeguarding American elections.

6 snips
Oct 30, 2024 • 45min
The Orthogonal Bet: Exploring the history of intelligence
Max Bennett, a co-founder of multiple AI companies and author of "A Brief History of Intelligence," delves into the evolution of intelligence and its complexities. He discusses the differences between human and machine memory systems and the limitations of large language models in understanding real-world contexts. The conversation also explores how language fosters social bonds and the challenges of simulating curiosity in AI. Bennett shares insights from his research and the positive reception of his book in the fields of AI and neuroscience.

Oct 25, 2024 • 27min
Previewing our upcoming Riskgaming scenario, “Powering Up: China’s Global Quest for Electric Vehicle Dominance”
Ian Curtis, the designer behind the scenario 'Powering Up,' has a wealth of experience living in China and crafting geopolitical tabletop games. He discusses China’s rapidly evolving electric vehicle market, spotlighting innovative players like BYD and the complexities foreign businesses navigate. Curtis also explores contrasting financial models between private firms and government strategies. The conversation highlights the skills necessary for operating within China's unique political economy, emphasizing the importance of immersive learning in today’s dynamic landscape.

Oct 23, 2024 • 39min
The Orthogonal Bet: The role of complexity in world-building
Lev Grossman, acclaimed novelist behind The Magicians trilogy and The Bright Sword, joins the host for an engaging conversation about world-building and mythology. They dive into the complexities of the Arthurian legends and the interplay between magic, religion, and modern narratives. Grossman shares insights on the importance of historical context and authentic storytelling. They also discuss his upcoming space opera and how it aims to transcend traditional fantasy tropes, creating a rich, multi-layered universe.

Oct 18, 2024 • 48min
The dangers of our rapidly narrowing understanding of China
Randal Phillips, a former chief CIA representative in China with nearly three decades of intelligence experience, discusses the alarming shift in China’s open engagement to a more insular stance. He highlights the implications of restricted information flow on American understanding of China. Phillips talks about the complexities of U.S.-China relations, particularly regarding fentanyl crises and transnational crime. He warns of growing challenges in business and intelligence operations and examines China’s expanding influence in global finance amid geopolitical tensions.

Oct 17, 2024 • 45min
The Orthogonal Bet: The Wonders of Graph Paper and Algorithmic Art
In a captivating discussion, Alex Miller, a software developer and artist known for the generative art project Spacefiller, delves into the mesmerizing intersection of algorithmic art and biology. He explores how coding can be a playful and creative pursuit, breaking down the contrasts between computation as art versus software engineering. The conversation also covers the unique enchantments of graph paper, the nostalgic influence of HyperCard, and the surprising aesthetics of generative art, revealing how these elements shape our perception of creativity.

Oct 11, 2024 • 44min
Even with China’s rise, America’s best days are ahead
Dmitri Alperovitch, co-founder of CrowdStrike and author of "World on the Brink," brings an optimistic outlook on America's future amidst China's rise. He argues that America possesses the essential qualities for continued success, suggesting that the media often overstates negative trends. The discussion covers necessary reforms in the Defense Department, the role of software in modern warfare, and the lessons from Ukraine's conflict. Alperovitch emphasizes the importance of innovation and strong alliances in navigating U.S.-China dynamics.

Oct 9, 2024 • 41min
The Orthogonal Bet: Complex economics is applying complex systems methods
J. Doyne Farmer, a physicist and complexity scientist, dives into the intriguing world of complexity economics. He discusses how traditional and complexity economics differ, emphasizing emergent behaviors and simulation methods. Remarkably, Doyne shares a story about building a wearable computer in the 70s to predict roulette outcomes, bridging the gap between gambling and finance. The conversation also touches on predicting economic shocks, generational shifts in economic thought, and the vital role of interdisciplinary collaboration in understanding complex systems.