Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

Tweets

  • © 2020 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Imprint
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      Subconsciously he realizes he’s missing something. Hence the Bezos Derangement Syndrome. Unlike Bezos, he has no clue how to play in a world shaped by a developing China (a good thing for the world) and actually win.

      2 replies 5 retweets 22 likes
      Show this thread
    2. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      Why Nations Fail is still probably the best read on how global economic leadership is actually won, by creating win-win where you win more than others. The US is increasingly starting to look like the failed state examples in that book.

      2 replies 4 retweets 34 likes
      Show this thread
    3. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      When I travel in India, I can always tell when shopkeepers are trying to scam me, since I grew up there and have an idea of what things should cost. But because I earn in USD, I often just pay rather than bargain. It’s not worth the trouble for me to beat the “unfair” scam.

      1 reply 2 retweets 20 likes
      Show this thread
    4. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      For me, getting clever and taking 15 minutes to bargain a $10 item down to the local “fair” price of $5, when it costs $50 in the US, feels like a waste of time. For the vendor, it’s a successful 2x scam. For me, it’s an 80% off bargain that I don’t feel like driving up to 90%

      2 replies 3 retweets 36 likes
      Show this thread
    5. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      Foolish to negotiate for the “principle”when you have the power of vast economic superiority. You can let counterparty think they got away with something. You have to be really insecure to waste time to get the locally fair price and show the counterparty you’re not a sucker.

      3 replies 3 retweets 37 likes
      Show this thread
    6. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      But it’s really really dumb to actually fritter away the advantage that allows you to ignore the two-big shenanigans by much weaker players. Of course, you have to keep an eye on them as they strengthen, and the deltas start to go past your indifference threshold.

      1 reply 0 retweets 12 likes
      Show this thread
    7. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      But the relative and growing “strength” of China is, IMO vastly overstated due to lots of factors. Ranging from population effects to fake state numbers to deep fragility swept under the rug. Being treated as bigger than they are is a big win for them. That’s taking it to make it

      1 reply 1 retweet 17 likes
      Show this thread
    8. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      For the record, I’m rooting for China to win big economically because I don’t think US needs to lose economically for that to happen, so it’s a net win for humanity. It would be even better if 1/5 of the world’s brainpower came online and took the lead on key tech.

      3 replies 1 retweet 17 likes
      Show this thread
    9. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      What’s better than a superpower that knows how to actually create wealth? TWO superpowers that know how to do it. Even better if it’s with two distinct playbooks. Hedge bets. There are problems with the rise of China, but they’re climate/environmental, not zero-sum political.

      3 replies 2 retweets 23 likes
      Show this thread
    10. Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      China is probably iterating and learning faster than the US in a few key areas, like batteries and solar or something. Maybe semiconductors in the future. But so long as the rest of the world can benefit from cheap Chinese innovation spillover, it’s good.

      1 reply 0 retweets 11 likes
      Show this thread
      Venkatesh Rao‏ @vgr 24 Aug 2019
      • Report Tweet
      • Report NetzDG Violation

      Vast wealth was created around the world via cheap spillover of a century of US innovation. It’d be nice to have a twin-engined global innovation economy. It’s certainly needed to beat climate change, drive development in Africa, beat aging population problem with robots, etc.

      12:17 PM - 24 Aug 2019
      • 27 Likes
      • Ari Nielsen Josef Spalenka credit Michael Dearing Steven Desmyter Sean J. Taylor Flint Cruneck Y Kyle Russell
      1 reply 0 retweets 27 likes
        1. Venkatesh Rao‏ @vgr 24 Aug 2019
          • Report Tweet
          • Report NetzDG Violation

          Even with its fatal ideological flaws and a flawed economic doctrine, the USSR did a ton of wealth-creating innovation. So did Japan. Whether Chinese playbook works or not politically/ideologically, we’ll probably end up with some good rewards from the grand Chinese experiment

          1 reply 0 retweets 15 likes
          Show this thread
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2020 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Imprint
        • Cookies
        • Ads info