Cathie Wood
👤 SpeakerAppearances Over Time
Podcast Appearances
And in a way that many of our companies are not.
We're very siloed here in the United States.
And part of the reason, and it's a big flaw when it comes to innovation, part of the reason is the way the traditional asset management world, and even venture capital is set up, is very siloed into...
sectors or industries or even sub-industries.
I mean, there are a lot of asset management firms that are very proud that they have five healthcare analysts.
Well, in the new world, you're going to have to get rid of that siloed world and think in terms of these technologies.
That's where the silos are, but how they're going to work together.
to cut across sectors, across industries.
So we're not set up correctly.
China has the right mindset.
Elon knows it.
We think it's very possible.
And it would take, especially given our research on
how quickly the cost of rocket launches is diminishing, and how much more capable they are of carrying more load.
So we think it's very possible.
And you get rid of a number of problems, power problems.
You know, to hook up to our grid is taking five years now for companies.
That's why Elon in Memphis, Tennessee just roped together a bunch of generators
you know, not the most efficient, but he got the job done because the regulatory hurdles that everyone has to go through are ridiculous.
Now, thank goodness this administration is focused on getting those regulatory hurdles down in a big way, especially on the energy side.