Tom Bilyeu
๐ค SpeakerAppearances Over Time
Podcast Appearances
And when I say this out loud, I know people hate it, but I'm like,
you have to create a situation where some people can go broke so that other people can claw their way out of poverty.
Like if you don't, if you.
And I don't understand how people don't see that.
So it's like as somebody who's been very economically successful, I am saying you have to make it possible for me to fail.
So you can get elected.
There's a lot of brick walls that we better run into because you would never want to get rid of all zoning laws.
To your point, you want to live in a world that is well thought out.
This is one of those things where you want to talk about a good use of bringing people in, giving someone a job.
You get people paired up with AI to say, go through the regulations.
which ones make sense, put them in different buckets.
Then you have a human go through and audit them and say, these ones just no longer make sense.
Like we're gonna focus on things that have to do with safety.
We're gonna hold ourselves accountable to, you've gotta be able to make a certain number of houses over a certain period of time.
Like we've been building houses for way too long not to know which things make sense and which ones don't make sense.
What we don't have is we don't have an incentive structure for smart people to go, oh, I can get rich doing this.
Right now, the incentive structure, to your point about California and New York, the incentive structure is come in as a developer, be the guy that's so tenacious, you'll get the houses made.
Now you know you have it on lock because no one else can get in.
So what you've created is regulatory capture.
You've made it so that a small number of large