309. Does the World Feel $800 Billion Better?

Published: Jan. 13, 2024, 2:37 a.m.

b"We kick off with a critical look at reporting on the peaks and valleys, upswings and downturns in venture capital and start-up exits\\u2014and ask the $800 billion question: has all this unfathomable investment and \\u201cvalue creation\\u201d by the tech sector resulted in a better world? Did your life in 2023 feel better? Did society seem $800 billion better? Or has it actually just felt worse? If so, then what\\u2019s the point of this innovation system and its strategies, metrics, and benchmarks? We then end by chatting about the mass sympathy strikes against Tesla in Scandinavia. \\n\\n\\u2022\\u2022\\u2022 US venture capital fundraising hits a 6-year low https://www.ft.com/content/cfb186c8-22f4-4a82-b262-f4380a5d82b8\\n\\u2022\\u2022\\u2022 From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money https://www.nytimes.com/2023/12/07/technology/tech-startups-collapse.html \\n\\u2022\\u2022\\u2022 Musk's woes deepen as Tesla strike spreads across Scandinavia https://www.france24.com/en/europe/20231215-musk-s-woes-deepen-as-tesla-strike-spreads-across-scandinavia \\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills \\n\\nHosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)"