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Cory Levy and Balaji on Where Talent Should Go

Cory Levy and Balaji on Where Talent Should Go

19 segments available

The American system cannot be reformed. In this interview with Cory Levy, Balaji Srinivasan argues the West is trapped in "square wave" denial, facing a systemic collapse that will only be acknowledged in a sudden mark to market event. Talent must now treat the State as a platform and migrate from the legacy US stack to a code based order. Srinivasan explains how the recession of regulatory harmonization allows us to print cloud communities into physical reality, bypassing the constraints of the old world. If these ideas interest you, we're building startup societies at Network School. You can apply online at https://ns.com. 0:26 It was easier to start Netflix than reform Blockbuster 3:09 Denial in the United States 9:44 Dollar inflation is global taxation 13:41 The US passport has dropped out of the top 10 17:57 Talent pipelines: where should talent shift to? 21:59 Talent calibrates by going outside the US 24:05 The major opportunity for talent 28:18 Second passport is more important than your first home 37:15 Next rules-based order is the code-based order 38:36 What will be the next thing you do? (Balaji) REFERENCES I. Books - How Countries Go Broke: https://www.amazon.de/-/en/How-Countries-Go-Broke-Principles/dp/1501124064 II. Studies, Articles and Links - Fed may trip stimulation wire: https://www.reuters.com/markets/us/fed-may-trip-stimulation-wire-2025-09-17/ - Rising G7 debt back at centre of bond market storm: https://www.reuters.com/markets/europe/rising-g7-debt-back-centre-bond-market-storm-2025-09-11/ - Might the UK really need a 1970s-style IMF bailout?: https://www.economicsobservatory.com/might-the-uk-really-need-a-1970s-style-imf-bailout - France is playing with fire: an IMF bailout is no longer unthinkable: https://www.telegraph.co.uk/business/2024/11/27/france-playing-fire-imf-bailout-no-longer-unthinkable/ - China outweighs G-7 as leading driver of global economic growth: https://www.bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth - Most powerful passports list: https://www.theguardian.com/us-news/2025/oct/15/most-powerful-passports-world-list - California billionaires wealth tax proposal: https://www.bloomberg.com/news/articles/2025-10-23/california-billionaires-face-proposed-5-tax-on-soaring-wealth SOCIAL: - https://x.com/ns - https://x.com/cory - https://ns.com/

Segments Timeline

1
0:00 - 2:02
2:02 duration467 words

Building Alternatives to Reform

Corey discusses the concept of creating new systems instead of trying to reform existing ones.

"Corey, welcome to New York City podcast. >> Thank you for having me. Um, I don't really like being on podcast, but here we are. And so I thought I'd maybe interview you and maybe it can be, you know, ..."

2
2:02 - 4:04
2:02 duration437 words

Tech Culture Beyond San Francisco

This segment discusses the establishment of a new tech hub reflecting the positive aspects of San Francisco's culture, emphasizing its global impact and challenges in perception.

"think about success and KPIs for this place? Remind me how long's it it's how long has it been been a place? >> Just a year. Just a year or so. How long has been I I think this has been a place uh for..."

3
4:04 - 6:06
2:02 duration391 words

The Dollar's Decline and Global Shifts

The segment discusses the current decline of the dollar, the rise of assets like gold and Bitcoin, and the implications of U.S. government inability to reform amidst shifting global dynamics.

"marktomarket right the west right now is in this weird stage where whether it's SVB or it's FTX or it's Biden they are denying that rather than a gradual decline like this where it's sort of acknowled..."

4
6:06 - 8:06
2:00 duration381 words

Simultaneous Collapse Across the West

This segment discusses the concurrent military, economic, and political decline of Western nations, highlighting the challenges faced by G7 countries.

"strategy when it's published it is reported to essentially be withdrawing American troops from East Asia back to the Western Hemisphere. And uh then of course there's the political ongoing political f..."

5
8:06 - 10:07
2:01 duration467 words

America's Mixed Legacy: Empire or Collapse?

This segment explores the complexities of American imperialism, emphasizing its historical positives while addressing current societal turmoil.

"American empire in a in a most people will say it in a negative way like it's imperialism or a republic non-mpire. Both the left and the right will say those things but there was a good version of Ame..."

6
10:07 - 12:07
2:00 duration453 words

The Dollar's Fragile Unity

This segment discusses the declining value of the dollar and its impact on the political divide in America.

"they have Delaware companies, if and so and so there's so many ways in which they're dependent upon the US financial system, right? which is why Treasury was able to sanction all these countries and y..."

7
12:07 - 14:07
2:00 duration394 words

Collapse of American Influence

Exploring the consequences of a shrinking American economic empire and its impact on living standards and global identity.

"thing holding them together. When that tears, the whole thing is going to come apart because the economic union comes apart. And um the extent to which American living standards are subsidized by doll..."

8
14:07 - 16:08
2:01 duration395 words

America's Complex Historical Vector

Exploring how a multifaceted understanding of history shapes America's current state.

"And uh and basically um what I think the issue is is most Americans don't I mean they know 1945 and they know 1865 they know 1776 but they don't really understand 1917 or 1991 or 1949 or 1947 that say..."

9
16:08 - 18:09
2:01 duration422 words

Patterns of Partition and Ethnic Tensions

Exploring historical parallels between India's partition and current ethnic dynamics in the U.S.

"was at the end of its legs. um India during partition. Okay. So India had essentially two um what what are today Bangladesh and Pakistan flanking India and essentially the borders were announced and p..."

10
18:09 - 20:11
2:02 duration379 words

Calibrating Global Living Standards

This segment discusses the importance of understanding emerging global talent and living standards, urging youth to explore diverse cities worldwide.

">> Um let's talk about America. You know the ones that you know they end up on the coast most likely you know New York, San Francisco or or Boston. Where do you think that will be in the future? How d..."

11
20:11 - 22:12
2:01 duration421 words

The Titanic of Tech Progress

Exploring the illusion of safety and progress amidst looming societal collapse.

"they're on the Titanic, okay? And they're like solving the reman hypothesis on the Titanic, right? They're mashing the keys. They're they're having breakthroughs in math, computer, whatever. All that ..."

12
22:12 - 24:12
2:00 duration392 words

The Perils of Regulatory Harmonization

This segment discusses how American regulatory bodies impact global standards and hinder innovation across industries.

"world. Outside of that, those don't exist. And at the one silver lining to the American empire receding is that regulatory harmonization also recedes. Do you know what that is? >> Share it for those w..."

13
24:12 - 26:13
2:01 duration410 words

AI's Impact on Workforce Dynamics

This segment explores the implications of AI development in liberal regions and its potential threat to various professions.

"actually advantages of being outside 20th century regulatory spheres and that doesn't mean by the way no regulation it just means better rules. Mhm. So what I mean I guess the be mobile part you know ..."

14
26:13 - 28:14
2:01 duration395 words

The Precarious Future of Tech in San Francisco

This segment explores the potential challenges facing San Francisco's tech sector amid proposed wealth taxes and shifting economic conditions.

"calling for wealth taxes, they proposed, by the way, a 5% wealth tax in California. Did you see that? >> I haven't yet. >> Okay. So, it's only targeted at 200 billionaires and it's only a onetime tax,..."

15
28:14 - 30:15
2:01 duration432 words

Choose Freedom: Citizenship Alternatives

This segment explores the significance of obtaining a second passport and alternative citizenship options for global mobility and career prospects.

"against serious political instability in the USA. >> So basically, second passport is much more important than your first home. [clears throat] >> For many people, by the way, you don't may not even n..."

16
30:15 - 32:15
2:00 duration418 words

Understanding Political Risk in Tech

This segment explores the concept of political risk in technology and likens the state to a developer platform, comparing it to major operating systems.

"and uh and he actually did the experiment right and uh so my view is I like a lot of people who are going to SF a lot of our friends there. I just think they think about technical risk but not politic..."

17
32:15 - 34:17
2:02 duration412 words

Zombie Financial System Explained

This segment delves into the precarious state of the American banking system, highlighting the shift to fictional reserve banking and the systemic risks involved.

"necessary America in the sense of basically US dollars for example during the whole SUV kind of crisis there's a meme that said if you have like uh if you have more than 250k in a US bank account then..."

18
34:17 - 36:18
2:01 duration369 words

The Rise of Crypto and Stablecoins

This segment explores the implications of shifting financial dynamics towards cryptocurrencies and stablecoins as fiat currencies face challenges.

"essentially ended Swiss bank accounts with, you know, all this stuff and then uh also the credits debacle that happened recently where bond holders got wiped out. So Switzerland ain't Switzerland anym..."

19
36:18 - 39:12
2:54 duration618 words

Code-Based Trust: The Future of Systems

Exploring how the internet and crypto can establish a new rules-based order through cryptographic trust.

"thing you're doing here. Um what do you think the you know what can you sort of take from the elite institutions the Stanfords [snorts] the San Francisco the you know United States the US dollar you k..."