In My Hands Today…

The Money Trap: Lost Illusions Inside the Tech Bubble – Alok Sama

A gripping and entertaining memoir that offers a rare C-suite window on the world of technology investing. Veteran Morgan Stanley banker Alok Sama thought he’d seen it all, until he found himself at the helm of the secretive investment giant that controls global tech— SoftBank, the backer of Yahoo, TikTok, Uber, T-Mobile, DoorDash, Alibaba and WeWork, and the sponsor of the largest technology investment fund in history.

The Money Trap is a thrilling, stranger-than-fiction personal odyssey of Sama’s experiences while working alongside SoftBank’s iconic founder, Masayoshi Son, an eccentric genius who relies on “the Force” to guide his investment decisions and wants to be remembered as “the crazy guy who bet on the future.”

As a high-stakes dealmaker, Sama consorted with A-list CEOs and hobnobbed with heads of state, conducting negotiations on Gulfstream jets, the terrace of a medieval castle in Germany, Son’s private sanctuary with its exquisite Japanese garden, and waterside restaurants in the Turkish Riviera — all while contending with a mysterious dark-acts smear campaign that takes a toll on his private life.

This fascinating and humorous saga provides a unique insider perspective on an industry that is disrupting our daily lives and straining our social fabric. Written with self-deprecating wit, unflinching honesty and searing introspection, The Money Trap is ultimately a morality in life, as in technology investing, more money isn’t always the answer.

In My Hands Today…

Elon Musk – Walter Isaacson

When Elon Musk was a kid in South Africa, he was regularly beaten by bullies. One day a group pushed him down some concrete steps and kicked him until his face was a swollen ball of flesh. He was in the hospital for a week. But the physical scars were minor compared to the emotional ones inflicted by his father, an engineer, rogue, and charismatic fantasist.

His father’s impact on his psyche would linger. He developed into a tough yet vulnerable man-child, prone to abrupt Jekyll-and-Hyde mood swings, with an exceedingly high tolerance for risk, a craving for drama, an epic sense of mission, and a maniacal intensity that was callous and at times destructive.

At the beginning of 2022—after a year marked by SpaceX launching thirty-one rockets into orbit, Tesla selling a million cars, and him becoming the richest man on earth—Musk spoke ruefully about his compulsion to stir up dramas. “I need to shift my mindset away from being in crisis mode, which it has been for about fourteen years now, or arguably most of my life,” he said.

It was a wistful comment, not a New Year’s resolution. Even as he said it, he was secretly buying up shares of Twitter, the world’s ultimate playground. Over the years, whenever he was in a dark place, his mind went back to being bullied on the playground. Now he had the chance to own the playground.

For two years, Isaacson shadowed Musk, attended his meetings, walked his factories with him, and spent hours interviewing him, his family, friends, coworkers, and adversaries. The result is the revealing inside story, filled with amazing tales of triumphs and turmoil, that addresses the are the demons that drive Musk also what it takes to drive innovation and progress?

In My Hands Today…

The War Below: Lithium, Copper, and the Global Battle to Power Our Lives – Ernest Scheyder

Tough choices loom if the world wants to go green. The United States and other countries must decide where and how to procure the materials that make our renewable energy economy possible. To build electric vehicles, solar panels, cell phones, and millions of other devices means the world must dig more mines to extract lithium, copper, cobalt, rare earths, and nickel. But mines are deeply unpopular, even as they have a role to play in fighting climate change. These tensions have sparked a worldwide reckoning over the sourcing of these critical minerals, and no one understands the complexities of these issues better than Ernest Scheyder, whose exclusive access has allowed him to report from the front lines on the key players in this global battle to power our future.

This is not a story of tree-hugging activists, but rather of industry titans, scientists, and policymakers jostling over how best to save the planet. Scheyder explores how a proposed lithium mine in Nevada would help global automakers slash their dependance on fossil fuels, but developing that mine could cause the extinction of a flower found nowhere else on the planet. A hedge fund manager’s attempt to resuscitate rare earths mining in California relies on Chinese expertise, exposing the paradox in Washington’s quest for minerals independence. The fight to end child labor in Africa’s mining sector is a key reason, supporters contend, to dig out a vast reserve of cobalt and nickel under Minnesota’s vulnerable wetlands. An international mining conglomerate’s plan to extract copper for electric vehicles deep beneath Arizona’s desert would destroy a Native American holy site, fueling tough questions about what matters more.

In The War Below , Scheyder crafts a business story that matters to everyone. If China continues to dominate production of these critical minerals, it will have a profound impact on the geopolitical order. Beyond China, countries such as Bolivia, Indonesia, and the Democratic Republic of the Congo aim to wield their vast reserves of key minerals. There are no easy answers when it comes to energy. Scheyder paints a powerfully honest and nuanced picture of what is needed to fight climate change and secure energy independence, revealing how America and the rest of the world’s hunt for the “new oil” directly affects us all.

In My Hands Today…

Co-Intelligence: Living and Working with AI – Ethan Mollick

Consumer AI has arrived. And with it, inescapable upheaval as we grapple with what it means for our jobs, lives and the future of humanity.

Cutting through the noise of AI evangelists and AI doom-mongers, Wharton professor Ethan Mollick has become one of the most prominent and provocative explainers of AI, focusing on the practical aspects of how these new tools for thought can transform our world. In Co-Intelligence, he urges us to engage with AI as co-worker, co-teacher and coach. Wide ranging, hugely thought-provoking and optimistic, Co-Intelligence reveals the promise and power of this new era.

In My Hands Today…

Your Face Belongs to Us: A Secretive Startup’s Quest to End Privacy as We Know It – Kashmir Hill

New York Times tech reporter Kashmir Hill was skeptical when she got a tip about a mysterious app called Clearview AI that claimed it could, with 99 percent accuracy, identify anyone based on just one snapshot of their face. The app could supposedly scan a face and, in just seconds, surface every detail of a person’s online their name, social media profiles, friends and family members, home address, and photos that they might not have even known existed. If it was everything it claimed to be, it would be the ultimate surveillance tool, and it would open the door to everything from stalking to totalitarian state control. Could it be true?

In this riveting account, Hill tracks the improbable rise of Clearview AI, helmed by Hoan Ton-That, an Australian computer engineer, and Richard Schwartz, a former Rudy Giuliani advisor, and its astounding collection of billions of faces from the internet. The company was boosted by a cast of controversial characters, including conservative provocateur Charles C. Johnson and billionaire Donald Trump backer Peter Thiel—who all seemed eager to release this society-altering technology on the public. Google and Facebook decided that a tool to identify strangers was too radical to release, but Clearview forged ahead, sharing the app with private investors, pitching it to businesses, and offering it to thousands of law enforcement agencies around the world.
      
Facial recognition technology has been quietly growing more powerful for decades. This technology has already been used in wrongful arrests in the United States. Unregulated, it could expand the reach of policing, as it has in China and Russia, to a terrifying, dystopian level.
     
Your Face Belongs to Us is a gripping true story about the rise of a technological superpower and an urgent warning that, in the absence of vigilance and government regulation, Clearview AI is one of many new technologies that challenge what Supreme Court Justice Louis Brandeis once called “the right to be let alone.”