Category: Future

  • Reflections on my OS – 3

    Part 1 was on the OS of my life, Part 2 the professional version, both written in 2022. This one is a little more ambitious – civilisational!

    The thought stream started thanks to one of my favourite newsletters, which gave me an insightful metaphor – “Religion is the operating system of a civilisation” – attributed to Rudyard Lynch.

    One of the other insights that has taken up quite a lot of space in my mind is courtesy Ernest Becker (via The Worm at the Core) – that the awareness of our own mortality is the hidden engine of human thought, emotion, and culture. Humans apparently invented symbolic systems – everything from soul to religion to nation to art to legacy as a means of managing the terror of death.

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  • What made us stronger, could kill us

    In the startup scaling context, a line that often gets used is “the things that got you from 0 to 1 are not the things that get you from 1 to 100

    The thought occurred when I was reading ‘The Inner Level’, a fantastic book about how unequal societies increase status anxiety, stress, and mental health issues across all income levels, not just the poor. 

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  • Rose-tinted wearables

    (a version of something I wrote on LinkedIn)

    Now that I think of it, there are at least four ‘spiritual predecessors’ for this post on the blog. It began with ‘In a world of abstractions‘ (2017), followed by Peak Abstraction (2018), The Presentation of Selfie in Everyday Life (2020), and A Proxy Life (2022). Each of them are continuing explorations of how we have abstracted a bunch of real things, and created proxies by which we measure them.

    Going by the story so far, it’d be fair to say that the more things we consume, the less time we have to get into details, and the more we rely on proxies. And across time, our consumption has only increased. And so our proxies have also multiplied.

    Material accumulations as a proxy for wealth

    Stock price/funding for a company’s health

    Popularity for excellence

    Price for quality

    Fitness for health

    Books Read (including that 5 min YouTube video) for intellect

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  • Decoding the rise of millennial investors, with ET Now

    From being part of the BTS Army to getting nostalgic about Backstreet Boys, millennials are a diverse cohort, and have many sub-segments. Based on the recent CAMS report, ET Now gave me an opportunity to chat about the investing patterns of millennials.

    The transcript.

  • Notion States 2

    For a while now – since 2010, I have felt that the nation state (or notion state really) is a shared mental model which is nearing its expiry date. But like other intersubjective realities (money, god), we are reluctant to let go of it. That’s why I found it interesting when Aakar Patel spoke about how nation states are quite inefficient.

    It’s quite true. All you need to do is think about the movement of people and objects and you’ll figure it out for yourself. And while the state has begun using things like Aadhaar to increase legibility about its citizens , and thereby increase efficiency (and further nefarious interests), it is advancing at incremental levels, while the world is moving exponentially.

    Not to mention that the nation state is an instigator and participant in one of the most net-negative things humanity has been continuing – wars! And these days, it’s not just the ‘simple’ human conflicts any more. In the digital space that we spend a lot of time in, and in which we have created identities, state surveillance and deliberate offences using things like ‘zero days’ against its own citizens and enemy states are all contributing to equal if not greater retaliation. In fact, this can actually lead to physical losses too thanks to hacking of power grids, nuclear facilities, healthcare systems and so on.

    So how is this glorified middleman holding on? I think a big reason for the popularity of the nation state is the sense of identity it fosters. Along with religion, nationalism continues to be a superpower. The line on paper is strong even if culture ignores it. Think Delhi and Lahore vs Delhi and Chennai.

    However along came the internet, which has a way of disposing inefficient middlemen. It has massively accelerated the geographical movement of ideas, and increasingly that now includes identity. As Fukuyama points out in Identity, as we moved away from agrarian societies with a strict hierarchy to technology-driven societies with multiple social classes, pluralism, diversity, and choice emerged and identity started becoming increasingly complex. By early nineteenth century, there was a fork – universal recognition of individual rights, and collective recognition. Arguably, Fortnite and LGBTQ rights can increasingly unite people more than a national flag does.

    However, given that the internet has destroyed many things without finding a remotely appropriate replacement, I also began to think of a ‘for’ case. One other relevant intersubjective reality we can learn from is money. In the case of money, once upon a time, different geographies had different systems. Vulnerability in one was of less concern to another. But now, it’s all interconnected, and thus fragile. Even in a nation state dominated system, covid just took over the globe and in addition to lives, had a telling effect on the economy. No country was really spared. So it’s important to ask what would happen if no barriers existed. Is it always good to completely remove friction? There is more. Money is also dependent on the rule of law, and its enforcement by physical force – one of the tasks of the nation state. A big concern with crypto is this enforcement.

    And to now expand this line of thought, what happens to governance? Many evils are kept on a leash because of regulation. Who is accountable for rights and duties of citizens? Minorities might not be in a great place now but without the pretence of the state that pretends to care for them, what happens? What becomes of those who are economically not contributing to the system – the old, the infirm, the less-educated and so on?

    One thought is that there will be a replacement and it won’t be all binary. It will move in stages. For instance, money seeks efficiency too. And it is interesting that money itself, at least in form to begin with, is being challenged by the blockchain. On a related note, our lives are increasing moving into the digital domain, where the nation state’s borders are mostly irrelevant. This means the state’s playbook for regulation cannot be deployed automatically. The worry though is that all this might end up breaking things faster than we can find a replacement, even if it is a notional one!