Tuesday, February 18, 2020

Michael Bloomberg Now Under Scrutiny

Bloomberg’s “mercenaries” inside state AG offices

A program funded by 2020 presidential candidate Michael Bloomberg is paying the salaries of lawyers who are farmed out to liberal state attorney general offices to pursue climate-based litigation -- a compact critics say amounts to Bloomberg buying state law enforcement employees to advance his preferred political agenda.

The Hill -- Heather MacDonald
Bloomberg on “Stop, Question and Frisk”

The New York Police Department’s use of the tactic helped bring the city’s homicide rate down another 50 percent during Bloomberg’s tenure in office from 2002 to 2013, something few criminologists believed possible. Sixteen hundred minority lives were saved in the process.
Forbes -- Rich Karlgaard
Iran and China -- Black Swans No One Mentions

These two black swans get little attention precisely because they are real black swans – low probability risks with gigantic consequences.

Black Swan #1

Hackers Seriously Disrupt the U.S. Power Grid

Consider the U.S. power grid. The electricity grid is the engine that powers all mechanisms of commerce and civilization in the U.S. Should this engine fail, all dependent activities immediately cease to function, including water and sanitation, the food supply chain, financial institutions, healthcare, media, transportation and law enforcement.

Black Swan #2

China Grabs Taiwan for TSMC

There is, however, one critical exception to China’s tech prowess. China, in 2020, and likely for the next three to five years at least, is not world-class at manufacturing chips. (See here, here, and here to learn more.) Now, China can steal IP, but it’s much harder to steal a 3-nanometer fab plant that will cost $20 billion to build. Of the world’s companies that are world-class – including Intel and Samsung – none are in China. Perhaps the best of the bunch is Taiwan Semiconductor Manufacturing Company, or TSMC as it is known.

China's Advances in Technology

TechRadar -- jamie Carter

6 ways that Chinese tech is ahead of the rest of the world


Your smartphone comes from China, a country where ‘phone commerce’ via a messaging app is commonplace. It’s the home of Huawei, Alibaba, Baidu, Tencent and Xaomi, and it’s home to massive investments in AI, 5G, self-driving cars, robotics, electric vehicles and even missions to Mars. Here are just a few ways that an increasingly high-tech China is creeping ahead of the rest of the world.