JD Vance: The Tech Industry Must Be More Than Just Software for America to Thrive

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Episode Description

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Brief Summary

The episode discusses the need for innovation in various sectors to combat economic stagnation and its societal effects.

Key points

  • The Role of Innovation. Innovation in software has driven the American economy, but we need to broaden our focus.
  • Consequences of Stagnation. A stagnant economy leads to societal insanity and political dysfunction.

Transcript

if you look at the real innovation of 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 uh in energy and the whole suite of things because

unless our economy is actually technologically innovative then the stagnant economy is is fundamentally like the worst thing and I think a lot of actually 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 right when when when the the economy is growing four five 6% a year then Democrats can kind of get what they want republicans kind can kind of get what they want and it all makes sense if the economy is growing between zero and 1% a year then I think it makes the whole society and our political system a much 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

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