Hi, I’m Azeem Azhar. I convene Exponential View to help us understand how our societies and political economy will change under the force of rapidly accelerating technologies.
Department of technologies
The stock market sell-off has hammered tech stocks. Ark Investment’s flagship ARKK ETF had taken a pounding, down about 45% from its Feb 2021 peak. Now the short sellers are circling. (You can hear my discussion with Ark’s CEO, Cathie Wood, here.)
Mobile service revenues per gigabyte increase as cost of data decreases. Source: Tren Griffin
Tencent made 268 acquisitions in 2021, up from 175 in 2020. Source: Rui Ma
The chip shortage has rolled on another year. Source: Bloomberg
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