Jeff Stein

Yeah, I mean, I think we're all just going to be insanely jealous when everyone else sees their SpaceX stock triple in value and the three of us are left without anything.

I mean, I don't know.

I think there's, to argue the other side of this, maybe, you know,

Elon took the long view on Tesla, and the company has had problems, but it is also the most successful EV maker in the world right now.

And the Starlink product is unbelievable.

It's incredible, as you mentioned.

But no, I'm not the world's biggest expert in the SpaceX stock, but...

it, you know, the idea that we are on the precipice of some, something that is sort of beyond any of our conceptions of what the economy might look like is such a sort of either or dichotomy that if you are of the mindset that we are about to like enter a different dimension almost in our sort of political economy, that, that,

these technologies are so transformative that we can't even conceive of what the world is going to look like in a year or two because everything will be run by these firms.

Then like, yeah, then it's a rational investment, but there's so many, so many regulatory and real world logistical hurdles to the extent of deployment that these guys have bought in on in their own, in their own heads, um, that, that we are on the precipice of that, um,

It's so hard for me to see that in a year or two, we are going to be in this brave new world that everything looks different and every AI company is valued six times above its projected profit in the near term future.

And cheap, yeah, incredibly cheap.

Sagar, is that your view as well?

That's a really good point.

The potential desire for these companies to ban foreign competitors and the government's incentive to do that if, yeah.

That makes a lot of sense.

I've just spent the last year or so not in this program and working on a biography of Senator Bernie Sanders, whose view on this is now like something I read about every day and have for the last year.

So it's hard to to think of that question and not think of, you know, the things he was saying in the 60s and 70s about how one day America is heading towards a trajectory of unbelievable inequality that makes democracy impossible.

extremely difficult to persevere in the face of that degree of wealth disparity and that degree of the differential in power.

You know, I think this gets back, I really want to, I've seen a lot of confusion on Twitter about this.