Friedberg

So you still have to kind of take them and put them somewhere and keep them underground for 10,000 years. But compared with previous reactors, you know, this plant is designed to be much more efficient, much safer. And they completed the safety test. They published the results on the safety test. And I think it really shows the performance is there.

And this was always meant to be future technology, these Gen 4 reactors. China opened up commercial operations of this reactor in December of 2023. So it's running, it's producing power, it's on the grid. And this design, funny enough, was first proposed in the 1940s. And it took us nearly 100 years to get it to market.

And this was always meant to be future technology, these Gen 4 reactors. China opened up commercial operations of this reactor in December of 2023. So it's running, it's producing power, it's on the grid. And this design, funny enough, was first proposed in the 1940s. And it took us nearly 100 years to get it to market.

which makes me also point out why I'm so optimistic 100 years from now on fusion technology, which seemed crazy today. And this sort of technology seemed crazy at the time, but 80 years later, we've gotten there. So this was an exciting outcome, but I really do want to highlight the competitiveness with China. Lower cost to produce, lower cost to run. And the downstream.

which makes me also point out why I'm so optimistic 100 years from now on fusion technology, which seemed crazy today. And this sort of technology seemed crazy at the time, but 80 years later, we've gotten there. So this was an exciting outcome, but I really do want to highlight the competitiveness with China. Lower cost to produce, lower cost to run. And the downstream.

And this is why I asked Donald Trump when he came on the show, and I want to make my passionate plea. This is why investing in and deregulating nuclear reactor technology in the United States to enable a competitive playing field with the United States and China in the decades ahead is so critical. Because if we don't, China will beat the United States industrially.

And this is why I asked Donald Trump when he came on the show, and I want to make my passionate plea. This is why investing in and deregulating nuclear reactor technology in the United States to enable a competitive playing field with the United States and China in the decades ahead is so critical. Because if we don't, China will beat the United States industrially.

And we will eventually find ourselves in a greater point of conflict with respect to this rising power that is going to be driven by low cost, highly abundant power. And the United States does not have that.

And we will eventually find ourselves in a greater point of conflict with respect to this rising power that is going to be driven by low cost, highly abundant power. And the United States does not have that.

Yeah, so the solar build-out, Chamath, is in the US forecast where we could get, in an optimistic scenario, a doubling of power output from one terawatt to two. That's in the system today, in the forecast. But how do we get to nine? That's where China's gonna be at by 2050.

Yeah, so the solar build-out, Chamath, is in the US forecast where we could get, in an optimistic scenario, a doubling of power output from one terawatt to two. That's in the system today, in the forecast. But how do we get to nine? That's where China's gonna be at by 2050.

And we have to have this ability to more rapidly kind of accelerate, you know, high power output systems like nuclear, because while solar is great, it's a low power output. You need, you know, much more volume. So this is a highly concentrated system. And the cost per megawatt hour, you know, can be significantly competitive if you use these small modular reactors and accelerate.

And we have to have this ability to more rapidly kind of accelerate, you know, high power output systems like nuclear, because while solar is great, it's a low power output. You need, you know, much more volume. So this is a highly concentrated system. And the cost per megawatt hour, you know, can be significantly competitive if you use these small modular reactors and accelerate.

Difficult to scale. I mean, we're not gonna open up 500 more coal power plants in the next couple of years. What about oil and nat gas? Yeah, so today nat gas is 44% of US power production capacity. And we are gonna build out and we are building out new nat gas facilities, but that's in the forecast.

Difficult to scale. I mean, we're not gonna open up 500 more coal power plants in the next couple of years. What about oil and nat gas? Yeah, so today nat gas is 44% of US power production capacity. And we are gonna build out and we are building out new nat gas facilities, but that's in the forecast.

So all of our forecasts today for the US are mostly nat gas going out and a lot of solar and wind going out to 2050 to double our capacity. And it's already a stretch for us to be able to double our capacity.

So all of our forecasts today for the US are mostly nat gas going out and a lot of solar and wind going out to 2050 to double our capacity. And it's already a stretch for us to be able to double our capacity.

We have to get nuclear going in the United States. And these systems are safe. They are scalable. And if the United States embraced this, and we took a public policy perspective that this is about competitiveness with China, it's about national security. I'm hopeful that whoever comes in to lead the executive branch in this next administration will be really thoughtful and make this a top priority.

We have to get nuclear going in the United States. And these systems are safe. They are scalable. And if the United States embraced this, and we took a public policy perspective that this is about competitiveness with China, it's about national security. I'm hopeful that whoever comes in to lead the executive branch in this next administration will be really thoughtful and make this a top priority.

So that's my plea and my reason for going through this today.