# Silicon Valley versus Wall Street

cooperation and competition
macro supply-demand - SValley creates the demand for the products, Wall Street creates the supply (via the investments and markets dynamics)

## [distribution and supply-demand boundaries](https://knowen.org/nodes/26413)

[Long Take: Google banking shows that tech giants are the storefront for everything, and other distributors will fade away](https://lex.substack.com/p/long-take-google-banking-shows-that)

## payments systems

[What will survive? banks, fintech or bigtech?](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3790/Fintech%2B-%2BShibanov%2B-2019.pdf)
this means disruption, and different winners in different areas


## advertising markets... after reading "Chaos Monkeys"

- [The History of Programmatic Advertising: Everything You Need to Know](https://www.disruptordaily.com/the-history-of-programmatic-advertising-everything-you-need-to-know/)

[How Digital Advertising Markets Really Work](https://prospect.org/economy/digital-advertising-markets-really-work/)

- [No, Data Is Not the New Oil](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3757/data%2Bis%2Bnot%2Bnew%2Boil.pdf)
Proposals to "pay" users for the value of their data don't reflect how internet giants like Facebook and Google really operate.

[Why Data Is Not the New Oil](https://truthonthemarket.com/2019/10/08/why-data-is-not-the-new-oil/) Alec Stapp



## crypto fight

- Aaron Brown

[Libra's Technical Features Are Not What's Exciting](https://www.bloombergquint.com/view/libra-s-technical-features-are-not-what-s-exciting) and [pdf](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3480/Libra_E2_80_99s%2BTechnical%2BFeatures%2BAre%2BNot%2BWhat_E2_80_99s%2BExciting.pdf)

VERSUS

[JPM Coin Is the Wildest Big Bank Idea in Many Years](https://www.bloomberg.com/opinion/articles/2019-03-21/jpmorgan-proposes-a-wild-idea-for-crypto-and-banks)
> JPMorgan is making a bold attempt to gain a first-mover advantage in a potentially lucrative [new service.- pdf](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3479/JPMorgan%2BProposes%2Ba%2BWild%2BIdea%2Bfor%2BCrypto%2Band%2BBanks%2B-%2BBloomberg.pdf)

## finance and micro-credit fight

## cooperation-competition

[Abolish Silicon Valley, with Wendy Liu and Carl Miller](https://podcasts.apple.com/gb/podcast/intelligence-squared/id708371900?i=1000473287340) Intelligence Squared





# Parents

* Technology Wars
* Alternative data in finance
* Technology WarsGiants of Science

# Attachments

* [](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3479/JPMorgan%2BProposes%2Ba%2BWild%2BIdea%2Bfor%2BCrypto%2Band%2BBanks%2B-%2BBloomberg.pdf)
* [](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3480/Libra_E2_80_99s%2BTechnical%2BFeatures%2BAre%2BNot%2BWhat_E2_80_99s%2BExciting.pdf)
* [](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3757/data%2Bis%2Bnot%2Bnew%2Boil.pdf)
* [](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/3790/Fintech%2B-%2BShibanov%2B-2019.pdf)