Kenneth
๐ค SpeakerAppearances Over Time
Podcast Appearances
And he said, only if they steal it.
And I think when we're developing all this stuff, that just is a constant threat.
And with AI, it's just huge.
And I think it's one of the challenges of we want to integrate with China.
A lot of the world's problems cannot be solved without the U.S.
and China acting together.
But on the other hand, how do we stay so open and dynamic?
I'm in a university system where we really want to be open without being vulnerable like this.
It's very challenging.
Tom?
I want to first pick up on something you said, Patrick, about how the number of contractors is shrinking.
I know a young man who went to a very good university but decided to go to the Navy for five years.
And he's very involved in procurement, and I was talking to him, and he said, you can't believe it how few...
bidders we have.
It shrunk and shrunk and shrunk.
And they just charge us whatever they like for everything.
When we want to buy a part in the Navy, it costs a fortune because there aren't many people to bid it out to.
And it actually somewhat leads into this, that with tech, they're going to be very few.
It's network effects, winner takes all.
And so these big tech companies will have a lot of negotiating power.