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I heard the podcast a few days ago, but I struggled with understanding the point on globalisation "pulling back" and CA and TX being "inward-looking" vs. DC and
by mseebach 12y ago
I heard the podcast a few days ago, but I struggled with understanding the point on globalisation "pulling back" and CA and TX being "inward-looking" vs. DC and NYC being centres of globalisation.
What do Cowen and Thiel mean by this distinction? What does it mean to be "inward-looking" in this context, and how will it manifest itself in an edge over outward-looking/"leveraged to globalisation" places?
- dataker 12y agoThe shortest criticism is that globalisation doesn't spur scientific innovation, as it'd be just copying what works. Inward tech development would take 0->1 while outward would be taking 1 and spread across the world.