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Michael Kratsios: “In the US we spend about $1 trillion on research and…”

Featuring: Michael Kratsios, Director of the Office of Science and Technology Policy, Science Advisor to the President | National

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White House tech adviser Michael Kratsios on AI, China and data centers

Published | Video Starts at 18:26

Yeah, I think I would remind Anyone in the U.S. science and tech community to sit back and reflect on what the S and T ecosystem looks like. I mentioned this statistic before, but I'll mention it again. In the US we spend about $1 trillion on research and development. 70% of that is spent by the private sector. and the rest is spent by a combination of philanthropy and the federal government. What's key to remember, if you're trying to optimize the science technology engine of the United … (18:26–18:35)

CLAIM

Asserts that the US spends $1 trillion on R&D, with 70% by the private sector.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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