Our readingWhat is a korrent?
AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them.
Drawn from what Lip-Bu Tan said
What these subjects mean
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
venture capital Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.