Friedberg
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Podcast Appearances
And we need to kind of probably grow our energy production in the United States by several terawatts over the next decade or two. So this SMR may be the fastest path. Now that could change, meaning we could end up seeing much larger facilities get built out if there's regulatory change in the US and there's more availability.
But fundamentally, we are going to need to use uranium to make electricity to meet the demand of the growing the GDP that it seems we're going to be growing it. I think this is just such a necessity. It's great to see the SMR is getting some attention. I just don't know if they're actually going to get turned on, how long it's going to take. And
But fundamentally, we are going to need to use uranium to make electricity to meet the demand of the growing the GDP that it seems we're going to be growing it. I think this is just such a necessity. It's great to see the SMR is getting some attention. I just don't know if they're actually going to get turned on, how long it's going to take. And
you know, I don't know what this election cycle is going to bring in terms of regulatory change. I think we talked about it with several of the candidates when we were doing the interviews.
you know, I don't know what this election cycle is going to bring in terms of regulatory change. I think we talked about it with several of the candidates when we were doing the interviews.
So I don't think this is going to happen. This show really has a diversity of views, doesn't it?
So I don't think this is going to happen. This show really has a diversity of views, doesn't it?
I think Sachs' point of view, to be honest, is the point of view that will be held by a large number of people, just like they have been with a lot of other kind of- Is it the right point of view, though?
I think Sachs' point of view, to be honest, is the point of view that will be held by a large number of people, just like they have been with a lot of other kind of- Is it the right point of view, though?
Well, no, no, I don't think it is. I think that the same argument would have been made around we shouldn't have airplanes at all because they can fall from the sky. We should keep everyone on the ground where they're safe. Why would you want to get on an airplane? Why would you want to have airplanes flying over your home? We should all ban airplanes flying over our home.
Well, no, no, I don't think it is. I think that the same argument would have been made around we shouldn't have airplanes at all because they can fall from the sky. We should keep everyone on the ground where they're safe. Why would you want to get on an airplane? Why would you want to have airplanes flying over your home? We should all ban airplanes flying over our home.
They could crash in our home. It's the same sort of argument. And the reason I'm not going to argue the point is because of the point I made earlier, which is that it ultimately becomes an economic necessity
They could crash in our home. It's the same sort of argument. And the reason I'm not going to argue the point is because of the point I made earlier, which is that it ultimately becomes an economic necessity
that for us to meet all of the demands of AI, all of the demands of industry, we want to reindustrialize the United States, et cetera, et cetera, we need to increase electricity production capacity on the continent. And there is no way to generate enough electricity on this continent fast enough using other means than there would be if we just got these systems set up.
that for us to meet all of the demands of AI, all of the demands of industry, we want to reindustrialize the United States, et cetera, et cetera, we need to increase electricity production capacity on the continent. And there is no way to generate enough electricity on this continent fast enough using other means than there would be if we just got these systems set up.
I think globally this is the case, and we're seeing it in China. Now, whether the U.S.
I think globally this is the case, and we're seeing it in China. Now, whether the U.S.
Yeah, that's right.
Yeah, that's right.
Yeah, and we may end up being the Luddite state, and we'll end up just saying, you know what? We're not going to adopt new technology, including things like— gene editing and cell therapies. And I'll go through the list of new technology sets.