Kai/Kyle Risdell

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241 appearances 1 recordings 1 series first heard Aug 2026 last heard 4 Aug

Kai/Kyle Risdell’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

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Marketplace · Manufacturing boomed in July. Thank all that AI money · 4 Aug 2026 podcast

But really, when this works well, the government should be using small amounts of public resources in order to catalyze larger pools of private investment.

Yeah, we'll keep going with that.

Is this working?

So to date, from the deals that have been announced, and again, we're scrambling to get more details about all of these, we've seen about $7.3 billion of private capital mobilized.

Ultimately, a lot of these deals will take years before we know whether they're successful.

Even the best case scenarios, we're going to have to be looking at these closely in order to grade them and learn from them and revise them if needed.

On the Intel investment, which is near as I can tell the most successful certainly of the investments that the government has made so far just in terms of valuation and return on our investment, how troubling is it to you that basically that investment and some of these others happened because the president of the United States said, hey, that's a nice company.

It got there.

I should have a piece of it.

Well, it's interesting.

The president has also himself, I think, suggested that deals should be graded when they are financially successful.

And this is going to sound a little bit counterintuitive, but a deal shouldn't be deemed to be financially successful if the government turns a profit.

I think it should be financially successful if the government is achieving the policy objective.

So, for example, is the U.S.

producing enough advanced semiconductors to

In the US, in the case of Intel, you know, the government should be there trying to address market failures or market impediments, but not necessarily to turn a profit as counterintuitive as that might sound.

Yeah.

John Hillman, he's at the Council on Foreign Relations.

John, thanks a lot.

I really appreciate your time.

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