Congratulations to this week’s selected creators: @mvpeers,@jgkelley, @CollingsPaige, @hbarra, @krishnanrohit, @geneteare, @chudson, @aliyalakhani, @jeffbeckervc, @nvidia, @LanceUlanoff, @JoannaStern, @RachelEnsignWSJ, @gvipers, @viaCristiano, @jacobbogage, @marianaa_alfaro, @stevesi, @mgseigler, @oliverbethell, @abbyohlheiser, @alex, @ChristineMHall, @Jessicalessin Contents * Editorial: Ban Foreigners Owning Key Assets? * Essays of the Week * Busting Myths on Foreign Media Ownership as TikTok Ban Looms * Congress Should Give Up on Unconstitutional TikTok Bans * Vision Pro is an over-engineered “devkit” * LLMs have special intelligence, not general, and that's plenty. * Fintech Unicorns Trot Onto Leaderboard In February * The Changing Nature of Pre-Seed Syndication * Screening for Maniacs * Video of the Week * NVIDIA CEO Jensen Huang * AI of the Week * Forget Sora, this is the AI video that will blow your mind – and maybe scare you * OpenAI Made AI Videos for Us. These Clips Are Good Enough to Freak Us Out. * News Of the Week * House passes TikTok bill that could ban app in the U.S., spawning Senate * support * HR 7521 * Steven Mnuchin Says He Is Putting Together a Group to Buy TikTok * Strangulation or Regulation? * An update on our preparations for the DMA * Banning TikTok would be both ineffective and harmful * Coinbase Raises $1 Billion Through Convertible Notes Offering * Stripe’s growth continues to impress as total payment volume tops $1 trillion * Startup of the Week * The Information * X of the Week * Cyan Bannister on Space X and Elon Musk Editorial: Ban Foreigners Owning Key Assets? As I digested the news that the House had voted to force Chinese-based investor ByteDance to divest ownership in TikTok, I pondered whether the US or US companies owned key strategic assets in other nations. I was pretty sure the answer was yes. I asked ChatGPT: What key assets of overseas countries are owned by the United States or US Companies? The answer was long. There are a lot, covering Real Estate, Energy and Natural Resources, Financial Services, Technology and Telecoms, Infrastructure, Media, Entertainment, Agriculture, and Pharmaceuticals and healthcare. I asked it to dive deeper into Energy and Natural Resources:Can you expand on energy and natural resources and list the top 5 assets that are US-owned by strategic to the country in question? ChatGPT Expanding on the energy and natural resources sector, U.S. companies' overseas investments often focus on areas with significant strategic value, either due to their size, the nature of the resources, or their critical role in the host country's economy. Identifying the "top 5" assets can be challenging due to the dynamic nature of the industry and the sensitivity around such strategic assets. However, I can provide examples that highlight the kind of assets that would be considered strategically significant: * Oil Fields in the Middle East: U.S. companies have long had interests in the Middle East's oil fields, which are among the world's largest and most productive. An example would be Chevron's stake in the Partitioned Zone between Saudi Arabia and Kuwait. These assets are crucial due to their vast reserves and the global oil market's dependence on Middle Eastern oil. * Natural Gas Projects in Australia: The U.S. energy giant Chevron operates two of Australia's largest natural gas projects, Gorgon and Wheatstone. Australia is a key player in the global LNG market, and these projects represent significant U.S. interests in the region, providing energy to Asia-Pacific markets. * Mining Operations in Africa: U.S. companies have significant mining operations in Africa. For instance, Freeport-McMoRan's involvement in the Democratic Republic of the Congo's cobalt and copper mining industry is crucial, given cobalt's importance in battery production for electric vehicles. * Shale Gas in Argentina: U.S. companies like Chevron and ExxonMobil are involved in Argentina's Vaca