An interesting wide-ranging interview with Economist Badri Gopalakrishnan from Infinite Sum Modeling
Technological progress tends to be retarded by policy Does technology or policy drive innovation?How policy can negatively affect innovationTechnology is powerful but is only part of the picturePolicy always lags technological progress - but it doesn't need to be soStartups don't have to fight policyThey should work with policymakers and competitorsWould Uber's path have been smoother if they worked with the taxi unions?Economic models drive most pricing everywhereBlockchain and Farming - gap on how to apply technologiesEmotions typically overtake reality when it comes to technological progressPermissionless innovation is still valid, but it can be done betterDisruptive technologies never come from policy, but it can drive policy if it grabs share fast enough Constant battles between disruptive innovation and policy - can these work together?Startups should also be a thinktank - to deeply understand the implications of a startups business prior to creating an adversarial relationship with existing players in the spaceAI startups could provide mitigation plans for possible future job lossHow to move to a collaborative environment from an adversarial environmentGlobal trade and China - differentiate the people from the state - the regime is challenging and authoritarianChina: IP issues and supply chain issues - startups without resources should probably stay awayFree trade may drop into blocks - 3D printers will likely eliminate the requirement to manufacture in other countries3D printing and robotics manufacturing will change the shape of trade worldwideIf there is no skill upgrading, then we may need to implement UBIWhat do you do with the "unemployables" - outside of the high tech folks, we still need personal service folksUBI is definitely coming - its happening in many places already - India has already experimented with UBICountries will likely become more protectionist - more free trade BUT more reciprocity