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Evidence receipt / belief

Published · transcript-backed

Speaker unverified: belief

2 Aug 2022 Acquired From NFL to Startup COO to Congressman Regulating Crypto (with Rep. Anthony Gonzalez)

“I think our responsibility again at the governmental level is to make sure we're funding that R&D so that we get there.”

— Speaker unverified

Source trail

Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
2 Aug 2022
Publisher
Acquired

Transcript context

…It's deeply oppressive to say we spent the last 100 years expanding unbelievable amounts of energy to build this incredible nation that we live in. But sorry, the atmosphere is super polluted now, so none of you are allowed to do that, and we're going to use military muscle to make sure that's true. That's oppressive. You need to innovate your way through this problem. That's my personal view. Yeah. You said it better than me. My view is that the answer to this is it's a market design question, but it's also an innovation question. I think our responsibility again at the governmental level is to make sure we're funding that R&D so that we get there. No private enterprise can underwrite a 50-year R&D project. The payoff is not there. This is our argument on the TSMC episode. Only government-scale investment actually could have a prayer of succeeding and creating the next TSMC elsewhere.…

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