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Brad Gerstner

๐Ÿ‘ค Speaker
1646 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Yeah.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I think I was brilliantly said by David, listen, it's a national imperative that we accelerate the build out of AI infrastructure across the country.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I've said before, the $4 trillion that Jensen Huang has estimated will be built out over the next five years is 10 times the size of the Manhattan Project that was totally federally funded.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Okay, and this is all being privately funded.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

But it wouldn't be possible without the government, Secretary Wright, others, Burgum, et cetera, clearing out of the way the regulatory hurdles.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

You heard on the same pod that power is really the gating issue here.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

And so it's been amazing to see what the federal government is doing.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I think that's what Sarah was trying to get to.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

They need to have a public-private partnership.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

They're going to do their job, raise their money.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Backstop was not the right choice of words.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

But they, I know, and I talked to Sarah this morning about this, are deeply grateful for what the federal government is doing.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

to accelerate the build-out of power and infrastructure.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

And the federal government could do that without taking risk on their own balance sheet.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

In fact, we've seen some of the investments they've made as a result of the Japanese deal they got on tariffs.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

They can reinvest those dollars to accelerate some of the nuclear build-out, etc.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Well, and in fairness, $1.4 trillion is a very large number.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I mean, this is a number we've never seen one company say they're going to do a build out of.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Please, yeah.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I mean, so Brad, do you sell your shares to the Trump Sovereign Wealth Fund?