Oct. 24, 2024

Danny Crichton — Player of Games (EP.239)

Danny Crichton is a man of many talents. He’s got a background in computer science, has worked in the worlds of foreign policy, was a managing editor at Techcrunch, and now serves as Head of Editorial at Lux Capital. As Lux’s de-facto games...

Danny Crichton is a man of many talents. He’s got a background in computer science, has worked in the worlds of foreign policy, was a managing editor at Techcrunch, and now serves as Head of Editorial at Lux Capital.

As Lux’s de-facto games master, Danny also devises their Riskgames: strategic simulations that immerse players in complex scenarios reflecting real-world challenges and dynamics. These games – whose players include senators, major generals, congressmen and, think-tank CEOs – include scenarios like ‘Hamptons at the Cross-Roads’ (that deals with climate change and maritime security) and ‘Powering Up’ (that deals with China’s global EV dominance).

Danny and I discuss the origins of Riskgaming and the lessons he’s learned in high-stakes games with tech founders and government officials. Plus, we riff on our shared Minnesotan roots, and discuss ways to combat the uncertain fog of war in our careers.

I hope you enjoy this insightful conversation as much as I did. For the full transcript, episode takeaways, and bucketloads of other goodies designed to make you go, “Hmm, that’s interesting!”, check out our Substack.

Important Links:

Show Notes:

  • Origins of Riskgaming
  • The Different Play Styles between Technologists and Policymakers
  • One-off games vs. Iterative games
  • The Game Theoretic Foundations of Riskgaming
  • It’s All About Tough Decisions
  • Parable of the First Mover Disadvantage
  • The Importance of Incentives
  • Why Insurance Companies are Obsessed with Truth in the Market
  • How AIs Can Cut Through Bureaucratic Slog
  • How Danny Builds Scenarios
  • Why Riskgaming Teaches Better Decision Making
  • Danny’s Thoughts on Intellectual Humility
  • Danny and Jim’s Minnesotan Heritage
  • Danny’s experience launching TechCrunch+
  • Facing the Fog of War
  • The Importance of Agility
  • Danny as Emperor of the World

Books Mentioned:

  • Gödel, Escher, Bach: An Eternal Golden Braid; by Douglas Hofstadter
  • Left Behind: A New Economics for Neglected Places; by Paul Collier