Reid Hoffman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Look, America benefits enormously from a global trade regime. The whole country gets a lot of economic prosperity. including things that support areas of the country that have more economic challenge. So you don't want to create trade wars. The trade wars will create a massive drop in prosperity in the US and in other places. Now, that being said, there are places that either have
Look, America benefits enormously from a global trade regime. The whole country gets a lot of economic prosperity. including things that support areas of the country that have more economic challenge. So you don't want to create trade wars. The trade wars will create a massive drop in prosperity in the US and in other places. Now, that being said, there are places that either have
Like, for example, take Iran, who are bad actors within the international context, or Russia, and that actually, in fact, are creating violence and war and chaos in various countries around the world. And you use tariffs and other kinds of sanctions as a way to rein in that behavior. That's one zone.
Like, for example, take Iran, who are bad actors within the international context, or Russia, and that actually, in fact, are creating violence and war and chaos in various countries around the world. And you use tariffs and other kinds of sanctions as a way to rein in that behavior. That's one zone.
Like, for example, take Iran, who are bad actors within the international context, or Russia, and that actually, in fact, are creating violence and war and chaos in various countries around the world. And you use tariffs and other kinds of sanctions as a way to rein in that behavior. That's one zone.
Another one is if you have countries that are behaving irresponsibly within the global economic system, And so, for example, with China, there's ways in which they slant the field so that they say, well, we can do economics in your country, but we can do business in your country, but you can't do business in our country. I think responding- Social media. Yes.
Another one is if you have countries that are behaving irresponsibly within the global economic system, And so, for example, with China, there's ways in which they slant the field so that they say, well, we can do economics in your country, but we can do business in your country, but you can't do business in our country. I think responding- Social media. Yes.
Another one is if you have countries that are behaving irresponsibly within the global economic system, And so, for example, with China, there's ways in which they slant the field so that they say, well, we can do economics in your country, but we can do business in your country, but you can't do business in our country. I think responding- Social media. Yes.
So it's like, okay, if you're going to disallow our businesses to operate in your country, we can disallow your businesses in parallel to operate in our country. Just as an economic thing, as kind of nothing else for how to operate. And those kinds of things I think are useful.
So it's like, okay, if you're going to disallow our businesses to operate in your country, we can disallow your businesses in parallel to operate in our country. Just as an economic thing, as kind of nothing else for how to operate. And those kinds of things I think are useful.
So it's like, okay, if you're going to disallow our businesses to operate in your country, we can disallow your businesses in parallel to operate in our country. Just as an economic thing, as kind of nothing else for how to operate. And those kinds of things I think are useful.
If, for example, people are using labor camps to produce products, adding tariffs as a way of saying, we're not going to allow that to happen, that's another good use. But those are like specific things, not general mercantile warfare.
If, for example, people are using labor camps to produce products, adding tariffs as a way of saying, we're not going to allow that to happen, that's another good use. But those are like specific things, not general mercantile warfare.
If, for example, people are using labor camps to produce products, adding tariffs as a way of saying, we're not going to allow that to happen, that's another good use. But those are like specific things, not general mercantile warfare.
You're actually, in fact, trying to destroy our industry in the short term so that you can then raise prices later and capture it. That is mercantile warfare. Responding to mercantile warfare is completely fine.
You're actually, in fact, trying to destroy our industry in the short term so that you can then raise prices later and capture it. That is mercantile warfare. Responding to mercantile warfare is completely fine.
You're actually, in fact, trying to destroy our industry in the short term so that you can then raise prices later and capture it. That is mercantile warfare. Responding to mercantile warfare is completely fine.
So I think a lot more of things as I actually think the US will be benefited by a substantial reduction in regulation. Okay. For every new regulation you want to add, remove two as a way of kind of modernizing and refactoring versus just accreting. Some of that will be AI, for example, an area that I'm committed to, passionate about, believe will be great for the world over time. We'll need power.
So I think a lot more of things as I actually think the US will be benefited by a substantial reduction in regulation. Okay. For every new regulation you want to add, remove two as a way of kind of modernizing and refactoring versus just accreting. Some of that will be AI, for example, an area that I'm committed to, passionate about, believe will be great for the world over time. We'll need power.
So I think a lot more of things as I actually think the US will be benefited by a substantial reduction in regulation. Okay. For every new regulation you want to add, remove two as a way of kind of modernizing and refactoring versus just accreting. Some of that will be AI, for example, an area that I'm committed to, passionate about, believe will be great for the world over time. We'll need power.