Rohit is a VC and essayist who writes fascinating, thought-provoking essays on complexity, progress, innovation and technology over at https://www.strangeloopcanon.com/ He joins the show for a second time to discuss the lessons learned from the FTX meltdown, why there isn’t a philosophy of business, creating an AI picture book, and a whole lot more. Important Links: - Rohit’s Twitter -https://twitter.com/krishnanrohit - Rohit’s Substack - https://www.strangeloopcanon.com - Our research note on Rohit - https://substack.com/inbox/post/84482243 Show Notes: [00:02:40] - What can VCs learn from FTX [00:14:33] - FTX, hubris and good manners [00:22:12] - “Don’t let anyone push you into a decision that you don’t want to make” [00:31:01] - Signing up to the right narratives [00:36:52] - Why you can’t beat the market [00:47:06] - Why isn’t there a philosophy of business? [00:59:05] - Markets, desire and innovation [01:10:13] - How AI allows us to talk to machines in our language [01:14:42] - The complexities of the AI sentience debate [01:23:37] - How AI unlocks new outlets for creativity [01:23:37] - The need for positive stories [01:30:53] - The three components of innovation [01:34:16] - “Curiosity is a sh*t starter” [01:39:05] - Finding new ways to create community [01:46:56] - Openness and experimentation - MUCH more! Books Mentioned: - What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time; by Jim O’Shaughnessy - The Genius of the Beast: A Radical Re-Vision of Capitalism; by Howard Bloom - Unflattening; by Nick Sousanis - Slouching Towards Utopia: An Economic History of the 20th Century; by Brad DeLong - American Gods; by Neil Gaiman - Lessons: A Novel; by Ian McEwan