And at the same time we have to recognize we're in a new world. And the new world has enormous capital demands. There's a need for basic research, I think in a way that's never been before. Our basic research budget is what it is at 1950 levels. As a percent of GDP it should be dramatically higher. And speed is more important now than ever. I just was earlier today with the CEO of Anthropic and we were talking about how much this has moved in the last two to three years. (45:52–46:00)
CLAIM
Asserts that the U.S. basic research budget is at 1950 levels as a percent of GDP and should be higher.
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