David Sacks
speaker
690 appearances
1 recordings
1 series
first heard Jul 2026
last heard 16 Jul
David Sacks’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
a spat on x but the reason why i think that that approach is so damaging is that the thing that's really made i think silicon valley special over the past several decades is permissionless innovation right it's the two guys in a garage can just pursue their idea maybe they raise some capital from angels or vc first basically people who are willing to lose all of their money
And these are people who are young founders.
They could also be a future dropout in a dorm room.
And they're able just to pursue their idea.
And the only reason that I think has happened in Silicon Valley, whereas you look at industries like, I don't know, like pharma or healthcare or defense or banking or these highly regulated industries where you just don't see a lot of startups, it's because they're all heavily regulated, which means you have to go to Washington to get permission to do things.
And the thing I've seen in Washington is just that, you know, the approvals get set up for reasons, but those reasons very quickly stop mattering.
And it just matters like how good your government affairs team is at navigating through the bureaucracy and figuring out how to get those approvals.
And it's not something that your typical startup founders are going to be good at.
It's something that big companies don't.
get good at because they've got the resources.
And that's exactly what regulatory capture means.
So the whole basis of Silicon Valley success, the reason why it's really the crown jewel of the American economy and the envy of the rest of the world.
We see all these attempts by all these other countries to create their own Silicon Valley.
The reason that's the case is because of permissionless innovation.
And what is being contemplated and discussed and implemented with respect to AI is an approval system for both software and hardware.
And this is not theoretical.
This has already been happening on the hardware side.
One of the last things that the Biden administration did the last week, the Biden administration was impose the so-called Biden diffusion rule, which requires that every sale
of a GPU on Earth be licensed by the government, which is to say pre-approved, unless it fits into some category of exception.
But basically, the overall idea is that, you know, compute is now going to be a licensed and pre-approved category.
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