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David Friedberg says China is deliberately commoditizing the knowledge economy because it already holds 20X our manufacturing capacity and is heading to 8X our electricity. "I'll just zoom out for a second. Think about the strategy for China." "If you think about the global economy of the last 50...

17,080 views • 1 month ago •via X (Twitter)

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JD Vance: The Tech Industry Must Be More Than Just Software for America to Thrive Recorded September 9th, 2024 at the All-In Summit, two months before the 2024 election: "If you look at the real innovation in the American economy, it's been in the world of software." "If you look at where the economy has been most stagnant, it's been in basically the heavily regulated parts of the economy, which is where 90% of the people that I represent in the Senate and 80% of the people that I hope to represent as their vice president actually make their living, run their business, and go to work every single day." "When I think about tech, one of the things I'd like us to do is broaden the aperture a little bit and think about innovation not just in software, but innovation in transportation and logistics and innovation in energy and the whole suite of things." "Because unless our economy is actually technologically innovative, then a stagnant economy is fundamentally like the worst thing." "And I think a lot of America's pathologies right now stem from the fact that we feel like we live in a very zero-sum country, because in some ways we do." "When the economy's growing 4, 5, 6% a year, then Democrats can kind of get what they want, Republicans kind of can kind of get what they want, and it all makes sense." "If the economy's growing between 0 and 1% a year, then I think it makes the whole society and our political system much more insane." "And I think it's kind of a subtext of what's been going on in this country for the last 30 years."

The All-In Podcast

51,879 views • 1 year ago