Balaji Srinivasan

So they're trying to wall themselves off within those domains that they still have formal power over to stop that disruption from hitting them rather than leaning into it and disrupting themselves, right?

So now the debt, that's the background force here.

But this factional thing, by the way, there's one more edit that I can add to that, which is,

The internet is splitting apart into tech America and the global internet.

And I think, unfortunately, tech America is cruising for a bruising.

Was tech America like Silicon Valley?

Basically, the big vulnerability, I think,

One way of thinking about the last few years.

So I talked about disruption outside from the Internet in China.

Right.

Let's let's say the Internet is now there's a global Internet because there's like Portuguese tech entrepreneurs in Singapore, VCs and so on and so forth.

Right.

There's Chinese open source models and there's cryptocurrency, which is global.

And all this kind of stuff is global.

Right.

I can show a graph which shows that there's now 420 cities that have unicorns.

Only one of those is Silicon.

Have you seen that one?

I have, yeah.

Okay, fine.