interesting interview by rajiv malhotra with a technology VC. listen and weep, both india and the US: having lost manufacturing, the US will lose its R&D as well. david teece said this long ago in a seminal paper from UC Berkeley in like 1980 or so.
PV/EV, semiconductor manufacturing technology, and pervasive AI/ML.
I can so relate to what Mukesh Chatter says at 25:30:
"I will compare this to one more example because I come from that world of computer engineering. When you design chips and circuit boards there's a team that designs the integrated circuits. There's a completely independent team that verifies independently that the chip design is what it is supposed to do. And those two teams, the verification team does not work for the design team. They independently verify and only come together at the top. So there's no incentive for compromises at any level. The same mechanism must exist if we want to succeed in India, which is when the budget allocation is done somebody else should be verifying that it is being implemented right. Innovation isn't enough. Innovation must be implemented and if it is implemented then it becomes Incredible India".
The idea has universal application in governance, in corporations, in defense, in strategy, everywhere. For example, an independent strategy-verification team would have foreseen the reaction to CAA or to Farm laws by India-Breaking/Andolanjeevi crowd and armed the government with counter measures.
If some day, we develop the courage to dismantle Indian Administrative Services, it should be based on this very idea. If you have the appetite for a seminal work on decision-making, be it in governance or at corporate level, , Rajeev, it should be built on this simple idea.
"Again, please don't ignore the key problem, which is the problem of successful countries self destroying themselves in multiple dimensions. The science/technology stagnation of US is caused by the non-technical people actively out-breeding the scientists and engineers. This is a key trend visible in almost all developed countries."
I can so relate to what Mukesh Chatter says at 25:30:
"I will compare this to one more example because I come from that world of computer engineering. When you design chips and circuit boards there's a team that designs the integrated circuits. There's a completely independent team that verifies independently that the chip design is what it is supposed to do. And those two teams, the verification team does not work for the design team. They independently verify and only come together at the top. So there's no incentive for compromises at any level. The same mechanism must exist if we want to succeed in India, which is when the budget allocation is done somebody else should be verifying that it is being implemented right. Innovation isn't enough. Innovation must be implemented and if it is implemented then it becomes Incredible India".
The idea has universal application in governance, in corporations, in defense, in strategy, everywhere. For example, an independent strategy-verification team would have foreseen the reaction to CAA or to Farm laws by India-Breaking/Andolanjeevi crowd and armed the government with counter measures.
If some day, we develop the courage to dismantle Indian Administrative Services, it should be based on this very idea. If you have the appetite for a seminal work on decision-making, be it in governance or at corporate level, , Rajeev, it should be built on this simple idea.
Comment by Vinay Krishnan on Youtube makes sense:
"Again, please don't ignore the key problem, which is the problem of successful countries self destroying themselves in multiple dimensions. The science/technology stagnation of US is caused by the non-technical people actively out-breeding the scientists and engineers. This is a key trend visible in almost all developed countries."