Gavin Newsom: “We're going to invest in where the great American economies…”

“I mean this is right out of his playbook. 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.” (51:22–51:29)

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