How LA Is Quietly Becoming America's New Industrial Tech Hub
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What is the main topic discussed in this episode?
AI is entering its most consequential phase where scale, safety, and sovereignty will determine who leads and who lags. Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI. Thank you to our presenting sponsor Salesforce and supporting sponsors IDA Island and Schneider Electric. Learn more at BloombergLive.com slash. Slash Tech London.
Hey Oddlots listeners, the Oddlots tour continues and our next stop is in Chicago.
That's right.
What is the purpose of this Odd Lots live show and who are the guests?
Joe and I will be at the City Winery Chicago on October 15th for a live Oddlots recording. Tickets are on sale now at Bloomberg.com forward slash oddlots.
And of course, a special thank you to Barclays for supporting Oddlots Live.
So that's October 15th at City Winery in Chicago. Get your tickets now.
Bloomberg Audio Studios Podcasts, radio, news.
Hello and welcome to another episode of the Oddlots Podcast. I'm Joe Weisenthal.
Why does the United States appear to have lost its manufacturing edge?
And I'm Tracy Alloway.
So we're doing our live show here at the Vermont Theater in Hollywood. And one of the things that I've known very little about, but that I'm very excited to learn more about, is the attempts to like turn this in uh this part of the country into a booming in part of our industrial tech ecosystem.
Yeah, so we hear about reindustrialization efforts in America all the time, but what does it actually take to try to do that? And what are the companies actually doing in this space right now? We have two very interesting ones for you.
Yes, I'm very excited.
How does Hadrian’s autonomous‑factory model work and what problems does it solve?
You're gonna be hearing our chat with Chris Power. He is the founder of Hadrian, which is trying to build a new generation of factories, as well as Tom Mueller, founder of Impulse Space, also the first employee of SpaceX. We're gonna learn about these attempts to reindustrialize Southern California. Take a listen.
All right, well thank you so much for coming on AltBots. Truly the perfect guest. I'm gonna start with I guess the question I alluded to at the beginning, which is What is your narrative?
What is Impulse Space and how is it changing in‑space transportation?
for the hollowing out to use a cliche of US manufacturing. Why does it seem that we lost some sort of edge? Chris, do you want to start? I
I I I do. And um I think the first question is do you want the um accurate answer that's gonna take three minutes or the political one?
How long does the political one take? Can't you do both?
So h here's what here's what happened. Um But it it happens in context. So Every great every great power. Of all time. uh does four very simple things. Um They have some generative generative population function. Um they have the best industrial capacity. And then they uh win or prevent a war and then they get incredibly lazy and they end up with a financial industry and they offshore what made them successful in the first place. And by the way, this function is represented in in the trade of the reserve currency of the world. So the last three times this happened, the Netherlands um ceded power to the British Empire. And the British Empire ceded power to the American Empire. And at each moment of industrial power being retraded by financial power, you you switch the reserve currency of the world.
And the mistake that everyone makes because you have four or five generations of softness is that just because you have the reserve currency means you rule the world and you forget the fact that the only reason you have the reserve currency is because you had the best shipbuilding capacity or manufacturing capacity. So th this is also the founding story of Hadrian, which is if you track these things, roughly every one hundred and fifty years the reserve currency of the world changes.
How do software‑driven factories make high‑precision hardware more efficient?
Um And the reason is because you uh you think you're Mike Tyson in your prime and the other guy or gal thinks you're Mike Tyson before the Buster Douglas fight. And the pattern remains the same. So um what the the founding story of Hadrian and the answer to your question is the reason why it's important is because you've ultimately traded Spreadsheet returns from a high affect and luxury of leaf society, and you've forgotten that the world is real and eventually that comes back to bite you.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–0:35
2
What is the purpose of this Odd Lots live show and who are the guests?
0:35–1:18
3
Why does the United States appear to have lost its manufacturing edge?
1:18–1:50
4
How does Hadrian’s autonomous‑factory model work and what problems does it solve?
1:50–2:22
5
What is Impulse Space and how is it changing in‑space transportation?
2:22–4:12
6
How do software‑driven factories make high‑precision hardware more efficient?
4:12–12:46
7
What role do tariffs and trade policy play in U.S. re‑industrialisation?
12:46–14:39
8
What are the key takeaways and next steps for LA’s industrial tech ecosystem?
14:39–37:02
Speakers
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