Josh Wolfe @wolfejosh VC, entrepreneur, fund manager @Lux_Capital; Chair @CiPrep Coney Island Prep; Trustee @SfiScience Santa Fe Inst; CoFounder of Carson, Quinn & Bodhi w/ @ltwolfe Dec. 27, 2017 1 min read

1/ On VALUE & RISK...On The Scale + Asymmetry of CREATION & DESTRUCTION

The cumulative amount of energy invested to CREATE something VALUED...is oft inversely (and asymmetrically) proportional to the ease and consequence to DESTROY it

Examples...

2/ One child spends 10mins CREATING a tall wooden tower of blocks
Another spends 1 sec tapping a block to DESTROY it

One person spends 10yrs CREATING a work of art, a book, a play
Another spends 10mins DESTROYING it in on a widely-read influential platform with a panning review

3/ One person spends 70 years CREATING a reputation, lives celebrated + praised
Same person spends 7 minutes to DESTROY it, dies in infamy + rejection

Things CREATED that are networked are more VALUABLE--and also more VULNERABLE if something were to DESTROY it

4/ 20 years ago billions of dollars were invested into something CREATED that is now so networked and VALUABLE it has become overlooked + underappreciated, VULNERABLE to be DESTROYED...

5/

6/ Some STATS
-97% of global comms are still transmitted thru cables lying deep beneath the oceans.
-Today’s network: 213 independent cable systems + 545,000 miles fiber
-$10T of financial transfers + 15 million financial transactions go across the cables

7/
-No alternative to using the undersea cables as satellite can’t yet handle the communications requirements the entire economy + society.
-The location of nearly every undersea cable is publicly available, making them targets

8/ Who cares?

Russia.

Russia is actively running exercises near them.
Already digitally isolated Crimea cutting all comms.
Aggressively building its up Navy.
Including submarines that can specifically target + disrupt the undersea cables

9/ Britain defense chief raising warning 2 weeks ago

10/ This is from April 2016...

11/ And most troubling...THIS is from TODAY...


You can follow @wolfejosh.



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