Scott Bessent
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Secretary, as an economic historian, maybe just very briefly tell us the lessons of these previous economic expansions, technological booms.
What we need to learn from those things, whether it was railroads or whether it was the agrarian revolution or the industrial revolution, so that we don't screw up the AI revolution.
What are the few critical things we need to do it?
Let me redirect this back to AI, because...
So if you actually forecast the growth of just the servers and then the robots and all of these things, we're going to need terawatts and terawatts.
That's on one side.
And so the obvious solution would be to build, to drill, to do what we need to do.
And then on the other side is this latent fear that some people have that this will somehow upset the apple cart, sustainability, the climate, et cetera.
How do we create the logical bridge so that people really understand that this is all possible, that this is not going to destroy the Earth, and that we can get this abundant energy?
Especially because, as you guys have said very well, if we don't do it and somebody else has marginal, costless energy, they will de facto win.
So how do we frame the argument so that people can understand this better?
When you talk about nuclear expansion, I just want to talk about nuclear expansion for one second.
So how do we actually build these things faster, have the capability and the technical construction know-how so that these aren't 15-year projects?
But also, how do we incentivize the states to basically get out of the way?
Or like, you know, these other organizations that can launch the frivolous lawsuits, slow it all down.
How do we do that?
Trillions.
How do we solve the...
The supply chain issues around the turbines and the other enabling technologies that we need for things like NatGas, because I agree with you.
I have a data center project in Arizona.