Dan Wang
๐ค SpeakerAppearances Over Time
Podcast Appearances
is not very good at execution.
And even though we've realized for a long while that the manufacturing base is quite deeply broken in this country, the U.S.
has not really been able to fix this in any compelling ways.
There are complaints among the American left about what should be done.
There are complaints about the American right about what should be done.
It's very strange to be in this political system where elections usually have these razor thin margins and then one side takes over, seriously overreaches, and then the other side wins by really thin margins and then overreaches again.
I think the fundamental problem among lawyers is that
They are, for the most part, protectors of the rich.
And that is essential in some ways because you can't build companies worth $4 trillion like NVIDIA without substantial legal protections.
We need a lot of lawyers in place for NVIDIA to feel comfortable about doing everything that it's doing.
But I think the society won't work well if it is mostly about serving the rich.
So in New York City, where we're chatting now, the rich don't really have to worry too much about affordable housing.
The rich have access to these skinny skyscrapers that you can see on the skyline.
The rich don't really have to deal with the problems of the subways, which are just, again, screechingly loud and services are really quite bad compared to any European or East Asian country.
And I think that the lawyers need to get out of the way a little bit in order for the U.S.
to build things for the broader masses.
I'll just offer two anecdotes that I think about a lot, both relating to trains.
When I took the Accela train down to Washington, D.C.
two weeks ago,
The AccelerTrain works okay.