Howard Lutnick

I don't think there's any uncertainty about AI.

There's no question of hundreds of billions of dollars is needed to build this out.

The CapEx is going to drive more global growth.

Oh, this is so silly.

So at the end of the evening, they called on me.

I just published an op-ed in the Financial Times.

And so they called on me.

I gave two, three minutes of my FT, which basically said that globalization,

and the outsourcing of your industry to the lowest cost in the world had really left, had really harmed America, it had harmed Europe, and it had failed us, and that we need to reshore, need to take care of our own citizens.

So that's basically the model.

And when I was done with that two or three minutes, one person of the 200-odd people in the room booed, and I felt honored because it was Al Gore.

You know what I mean?

Alcor food.

And I was like, really?

No, I mean, I put it in the FT.

I mean, I wasn't like trying to be quiet about it.

I mean, I think that globalization, right, and the idea of global supply chains and finding the lowest cost, I mean, that is just not the way to take care of your auto workers, right, who are in Ohio and Michigan.

And so we're bringing that back.

So think about

this, when we were done with, we started auto tariffs, we started working on it in March, and we finished in November.