Capitalism has taken its fair share of hits over the past few decades, castigated for all that’s wrong in the world from wealth inequality to climate change. Those criticisms have provoked a range of responses, from revolutionary demands to the more mundane incrementalist approaches of “stakeholder capitalism” and what has transfused into the strange alchemy […]

We have a great new two-part “Securities” podcast that launched this morning with notable NYU social psychologist Jonathan Haidt. Haidt, who co-wrote the book “The Coddling of the American Mind: How Good Intentions and Bad Ideas Are Setting Up a Generation for Failure” and also co-founded the Heterodox Academy, recently wrote an extended essay in […]

This weekend, all of us here at Lux are taking a moment to reflect. In the spirit of Memorial Day, we first and foremost acknowledge the incredible sacrifices the members of our armed services have made around the world, including in Afghanistan, where 13 service members were killed in a bomb attack in Kabul during […]

Anyone who has followed the markets the past few months has had to come to terms with a simple notion: the markets have no idea what anything is worth right now. Just this past week, Walmart and Target had their worst one-day stock performances in more than three decades as weaker than expected consumer purchasing […]

It’s been another crazy week of financial news, but how do all these trends add up? This week, Danny Crichton and Josh Wolfe talk about South Korea’s burgeoning desire for nuclear weapons, some themes from the latest Lux quarterly letter and how a 1980s experimental film inspired its theme of “entropic apex,” how Gen Z and others will respond to actions […]

Tony Fadell is the consummate Silicon Valley builder, having conceived, designed and executed such iconic products as the Apple iPod and iPhone as well as the Nest thermostat. He’s now looking to give back to the community that has given him so much with his new book Build: An Unorthodox Guide to Making Things Worth […]

We’ve reached an apex of risk, individually, economically, as a society. Stability has been rent asunder, and the resilience of our support systems from healthcare to supply chains has been all but demolished. Just in this frenzied week of crises, there’s now a nationwide shortage of infant formula thanks to a bacterial infection at a […]

When it comes to turning sci-fi into sci-fact, few areas of computer science have had as complete a transition as machine learning. Once the bastion of 1960s speculative fiction novels, developers are now ubiquitously adding ML and artificial intelligence features to their apps and platforms. We search the web using information retrieval algorithms, find new […]

The latest edition of our newsletter is now out! If you didn’t sign up for it before, check out the online edition here. Among the topics we cover: Nuclear power / LP strategies / Solar panel chaos / Abortion / Telehealth medicine / Lux Recommends

University endowments are one of the key nexuses by which finance influences the future of science, tech, and the human condition, and what happens at endowments and other limited partners (LPs) matters deeply both for their clients but also the wider VC asset class. Washington University in St. Louis Chief Investment Officer Scott Wilson, who […]

We take for granted just how effortlessly consistent our daily life is. Our stoves burn with the swoosh of a knob, our stop signs (at least in the U.S.) are a stable hue of red, our wall outlets haven’t changed prongs in decades. The stairs, the shower head, the garage door — hardware devices that […]

While a huge amount of attention is being directed at crypto and media these days, one of the most important wild card investment trends of the 2020s is the coming expansion of biotech. Democratized science tools, improved research networking, and lab automation will revolutionize the practice of biotech, and that means there are huge opportunities […]

I’m traveling the next few weeks in Seoul, South Korea, and it’s always a delight to return here and see the technological ambition of this Asian Tiger’s entrepreneurs. South Korea has transformed into a major crypto innovation hub (arguably second only to the United States), a vanguard in climate tech and increasingly a content powerhouse […]

There’s a huge expansion in demand for compute power going on, with AI models, cryptocurrencies, autonomous vehicles and our social media algorithms all guzzling more chip cycles than ever before. But we’re also in the midst of a climate emergency, and chips are a major cause of energy demand. How do we reconcile the two? […]