Caroline Hyde

And maybe he's being allowed to claw some back.

Has not the horse bolted?

Are we not already allowed CameraCon to grow and Huawei to grow?

Are we really going to be able to clean back and have the stack of our own worldwide?

Jacob, those companies are here at CES Las Vegas.

What do you hope to achieve in the time that you have at CES?

Jacob, this week has been extraordinary from a geopolitical perspective.

And I want to just get your thoughts on what high level your view on Pax Silica is that it's sort of peace through power.

Is that how we should be interpreting what's occurred?

Venezuela with Russian ships with what continues to occur worldwide right now?

Jacob, it's great having some time with you.

I'm excited to be on stage with you a little bit later as well.

Jacob Elberg is U.S.

Department of State Undersecretary for Economics Affairs and, of course, founder of the Helen Barry Forum, which is bringing together a VC and Washington surrounding the China issues.

Meanwhile, coming up, more on the future of AI as companies shift in and out of the digital world and back into physical.

Steve Jang, Skid Adventures Managing Partner, joins us next.

This is Bloomberg Tech.

AI's real-world impact is dominating the conversation here at CES, with investors watching closely to see which technologies move from hype to reality, and maybe they foster that reality.

Steve Janks with us, managing partner and founder of Kindred Ventures, early-stage venture firm known for backing category-defining startups, making significant bets on what we think of the work you did with Uber, what we think of so many of the companies that have had significant exits, and M&A that's happening.

But for you here, I think one of the stars of the show has been Nuro, right?