Gavin Newsom: “That means you're basically socializing most of Silicon…”

“And you can invest in incumbents and not ecosystem and startups. So we're going to invest in where the great American economies come, which is through research and development, NIH and nsf. That means you're basically socializing most of Silicon Valley. Again, I don't know where the balance is. I think somebody should look at this and say if the American people are going to fund all of the research and …” (51:28–51:32)

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