There's no shortage of tech podcasts, but few give you a true dose of the future.

The A16Z podcast is an exception.

It takes you straight to the innovators behind new materials, data centers, self-driving cars, even electric boats,

eavesdrop on the future with the A16Z podcast. The digital revolution no longer needs any support or subsidy from government, from the state.

On the contrary, it's matured to the point where it is attacking the authority of the state

at multiple levels and along multiple dimensions and even undermining the integrity of the political process on which ultimately the authority of Bill Janeway, a storied venture capitalist and economist, and I am Azimazarar your host on the Exponential View podcast.

Welcome to the next episode of our season where we're exploring the political economy of technology.

As you heard, Bill doesn't hold back his views on how the digital economy has become

imbalanced. Power seems to have accreted some of the dominant players possibly at the expense of the

very institutions that allowed them to form. In this discussion, Bill and I dig deep into what he calls the three-player game,

the relationship between founders, investors and the state.

What went right, what has gone wrong, and how we need to fix it. This conversation is

enlightening, informative and challenging, but unfortunately it was recorded over a long

distance phone line so at times the sound quality isn't where I would like it to be.

But you know, stick with us. I'm sure you'll find it worthwhile.

And now, over to my conversation with Bill.

Good morning, Bill. It's great to have you.

Good morning, I see, it's delightful to join you.

Now, the one downside of our podcast today is that you're not sitting in the same room as me.

I'm in London. Where do I find you today?

Well, I am in a very special place. I'm in the on the down east coast of Maine,

beyond Penobscot Bay across from Bar Harbor in an old-fashioned summer community which has four tennis courts,

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