Lux Capital

Riskgaming

A podcast by venture capital firm Lux Capital on the opportunities and risks of science, technology, finance and the human condition. Hosted by Danny Crichton from our New York City studios.

Author

Lux Capital

Category

Technology

Podcast website

www.luxcapital.com

Latest episode

Feb 25, 2026

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Episodes

Which companies will suffer with globalization’s reversal? 17.01.2025

The Washington Consensus of the past few decades that called for open markets, free trade and reduced regulation will officially die on Monday as Trump re-takes the presidency with a radically different economic program. Free trade is out and tariffs are in; globalization is dead and national sovereignty is the rule of the day. Such a change has massive implications for companies all around the wo...

Why financial booms and busts are the key to our progress 10.01.2025

When we think of booms and busts, we often think of waste. The dot-com bubble, the 2008 financial crisis, and the late 2010s crypto craze drew insane levels of capital into new markets, proceeded to overheat them, and then vaporized everything — leaving a trail of destruction in their wake. Is there a more positive way of looking at these feverish moments of economic activity though, one that acco...

The Best of 2024 21.12.2024

It’s been a year for the record books, and so it is with the Riskgaming podcast. We published 68 episodes this year across our main show and The Orthogonal Bet sub-series with Sam Arbesman (which we will have more to share next year!). We’ve had technologists, spies, policymakers, CEOs, authors, artists and all around renaissance wunderkinds on the show this year, and so we wanted to take a step b...

Introducing our new scenario, “Powering Up” 14.12.2024

We are really excited to announce the publication of our third and latest Riskgaming scenario, "Powering Up: China’s Global Quest for Electric Vehicle Dominance.” Designed by Ian Curtiss over the course of the last year, we started beta trials of the game a few months ago with dozens of playtesters and just hosted launch runthroughs across the United States in NYC, DC and SF as well as a worldwide...

Why does America have the most expensive elevators in the world? 06.12.2024

Recently in the Riskgaming newsletter ( “The Productivity Precipice” ), host Danny Crichton wrote about one of the biggest challenges facing America: how many of our industries — and particularly those in construction and building — are becoming some of the least-efficient in the industrialized world. Today’s podcast episode identifies yet another problem, and it regards elevators. Elevators aren’...

The Titanic Lessons of VC with Josh Wolfe 27.11.2024

Every quarter, Lux sends an update to our limited partners observing the macroeconomic environment, the changes in venture capital, and our current thinking regarding the present and future of science and technology. This time, we focused on “Titanic Lessons,” four classic parables from Greek mythology that elucidate our understanding of the world. Joining host Danny Crichton is letter writer Josh...

The Orthogonal Bet: Dave Jilk on AI, Poetry, and the Future of AGI 21.11.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with Dave Jilk . Dave is a tech entrepreneur and writer. He’s done a ton: started multiple companies, including in AI, published works of poetry, and written scientifi...

Elections, global threats and happy hour with the Riskgaming team 18.11.2024

It’s not every day that we can get our distributed Riskgaming team into one podcast studio, but we actually managed to do it from our NYC base, and with some drinks to boot. Joining host Danny Crichton is Lux’s Riskgaming director of programming Laurence Pevsner and our researcher, part-time columnist and all around utility handyman Michael Magnani. We talk about the U.S. presidential election and...

The future of defense manufacturing with Anduril CEO Brian Schimpf 15.11.2024

Anduril has become one of the most-watched companies in Silicon Valley, and for good reason. Its vertiginous rise from small hardware laboratory to next-generation defense prime has entranced engineers and investors alike, and it has also garnered an increasingly long record of success in Washington DC, including its victory in  securing the U.S. Air Force’s flagship Collaborative Combat Aircraft...

The Orthogonal Bet: Embracing Second Acts with Henry Oliver⁠ 14.11.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with the writer Henry Oliver . Henry is the author of the fantastic new book Second Act . This book is about the idea of late bloomers and professional success later in...

The energy economics of our civilization’s digital cathedrals 08.11.2024

The sudden widespread usage of advanced artificial intelligence models has massively increased global demand for data centers that can handle inference and training. That’s been a boon for Nvidia’s stock, but it has also added massive new demands to our energy grid. Microsoft recently announced that it intends to re-open the ill-fated Three Mile Island nuclear power plant, while Google has  announ...

The Orthogonal Bet: How deep science ventures redefines deep tech innovation 07.11.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with Dominic Falcao, a founding director of Deep Science Ventures (DSV), which he created in 2016 after leading Imperial College London’s science startup program. Deep Sci...

Introducing our new scenario, DeepFaked and DeepSixed 02.11.2024

We’re really excited to talk about the launch of our second public Riskgaming scenario, “DeepFaked and DeepSixed: AI Election Security and the Future of Democracy.” DeepFaked and DeepSixed is a bit different from our previous political and economic simulations, which tend toward groups of 4-8 people negotiating, haggling and cajoling over the course of several hours. Instead, this game centers on...

The Orthogonal Bet: Exploring the history of intelligence 30.10.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with writer, researcher, and entrepreneur Max Bennett . Max is the cofounder of multiple AI companies and the author of the fascinating book A Brief History of Intelligence...

Previewing our upcoming Riskgaming scenario, “Powering Up: China’s Global Quest for Electric Vehicle Dominance” 25.10.2024

The automobile industry is one of the most pivotal in the world, both due to its scale and its nexus at the heart of the manufacturing systems in countries such as the United States, Germany, Japan, Korea and China. There’s a massive transformation of the industry underway as consumers transition from internal combustion engines to electric vehicles, and China is increasingly leading the way with...

The Orthogonal Bet: The role of complexity in world-building 23.10.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, the Sam speaks with novelist Lev Grossman . A longtime fan of Lev’s novels, the host delves into his works, including The Magicians trilogy —a splendid set of books about a university f...

The dangers of our rapidly narrowing understanding of China 18.10.2024

China’s pivot from open to closed over the past decade has been striking. It wasn’t so long ago that tens of thousands of students and thousands of journalists and researchers were living and studying in the country, with multitudes of ambitious business executives spread across the nation’s financial capitals. Now, the number of Americans traveling and living in China has hit another low. With le...

The Orthogonal Bet: The Wonders of Graph Paper and Algorithmic Art 17.10.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with Alex Miller , a software developer and artist known for his work on a project called Spacefiller . This project exemplifies generative art, where computer code is used to...

Even with China’s rise, America’s best days are ahead 11.10.2024

China’s vertiginous rise over the past three decades has finally dawned on the Washington DC foreign policy blob. The hopes and dreams of China’s reform-and-opening period have transitioned to the fear and loathing of the Xi era, triggering broad concerns about America’s standing in the world today and in the future. Are we falling behind China in economic performance, research, dynamism and talen...

The Orthogonal Bet: Complex economics is applying complex systems methods 09.10.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with J. Doyne Farmer , a physicist, complexity scientist, and economist. Doyne is currently the Director of the Complexity Economics program at the Institute for New Economic Thi...

The Orthogonal Bet: Artificial Life and Robotic Evolution 02.10.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this episode, Sam speaks with Tarin Ziyaee , a technologist and founder, about the world of artificial life. The field of artificial life explores ways to describe and encapsulate aspects of life within so...

From Satellites to Submarines: The Power of Open Source Intelligence in Global Conflict 01.10.2024

In this episode of the RISKGAMING Podcast, host Danny Crichton sits down with columnist Michael Magnani to dissect the explosive rise of legalized sports betting in America and its far-reaching consequences. The conversation then pivots to broader geopolitical topics, including the role of open-source intelligence in modern warfare and how technology is changing the defense landscape. They wrap th...

Josh Wolfe: Our new world order is one where algorithms can wield as much influence as armies 27.09.2024

Science is the world’s greatest force for progress, but how are the people and institutions that compose this critical activity performing? More specifically, how well is American science competing as more and more countries focus on sci-tech supremacy as a key aspect of building power? The frontiers of technology are determinative of destiny, and so who is pushing those boundaries furthest is cru...

The Orthogonal Bet: From Online Communities to In-Person Programming 25.09.2024

Welcome to The Orthogonal Bet, an ongoing mini-series that explores the unconventional ideas and delightful patterns that shape our world. Hosted by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Samuel Arbesman⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . In this conversation, he speaks with Omar Rizwan , a programmer currently working on Folk Computer . Omar has a longstanding interest in user interfaces in computing and is now focused on creating physical inte...

The how and why of the most successful supply-chain attack in history 21.09.2024

This week, Hezbollah fighters in Lebanon were injured and killed by the thousands across two waves of attacks when their pagers and walkie-talkies exploded. Presumably orchestrated by Israel, it’s one of the most complex and successful supply-chain attacks in world history, and it has mesmerized the global espionage community. We wanted to go deeper into supply-chain risks, and so we brought Nick...

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