Back to episode — Episode 3036 CWSA 12/04/25
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and we've got climate change that maybe it's not so scary. But is that a coincidence? Is it a coincidence that some of the biggest factors in the world are all starting to conform around my opinion of what they are? I don't know why. Am I good at predicting or am I living in some kind of simulation where my opinion is becoming reality? I don't know. But it's getting hard to ignore, isn't it? How o…
← Previous segment →had a gas car that you were selling. It would have to reach that standard. Now I don't know about you but that seems like if they could have done that they would have already done it. So some people were thinking that that standard would have made it essentially impossible to sell a gas car in the United States by what year? I forget what year but it's within 10 years I think. And Trump administration just got rid of that. So now you can get an electric car if you want one, but it would now be affordable to get another gas powered car if that's what you want. So that should also lower the costs compared to what they would have been of automobiles. So rent might be stabilizing, maybe a little bit down. Automobiles might be stabilizing and maybe at some point go down.
Jensen Huang, who's the head of Nvidia, was on Joe Rogan show and he said a whole bunch of interesting things. So I'm just going to mention some of them. They're in video clips all over X. He basically gave Trump all kinds of credit for making it possible for the AI industry to explode as it has. And he said his point is we need energy growth without energy growth we can have no industrial growth so Jensen is very complimentary about Trump's understanding of the economics of AI and how important it is and how as president he needed to get rid of as many obstacles as possible and the biggest obstacle is energy so Jensen says in the next six to seven years you're going to see a bunch of small nuclear reactors. We will all be power generators just like somebody's farm. So yes, and that would be directly a Trump administration success because the Trump administration is very much understanding that they need to get rid of all kinds of obstacles to creating power and that the only way we'll be able to onshore and have a huge manufacturing base is if we just go with making more power and so far it's looking like Trump and his people have made that possible.
So the gigantic boom that you're seeing in our economy which seems to be limited very much to the AI robot world we finally have an administration that is completely compatible with that. I don't think that the Trump administration is fighting with that industry in any way. If they are, let me know. I'm not aware of any, but they seem to be completely on board on you need a lot of energy. We need to get out of the way. We need to make it easier. You know, go make some energy. So that's pretty exciting.
The most fun story that Jensen Huang said again, CEO of Nvidia, he was on Joe Rogan show and he told a story about the first customer for Nvidia's first AI specialty board and chips, I guess. And they built this board and they couldn't find anybody to buy it. So he had a product that became the beginning of the entire AI boom. And he's just sitting there and like nobody knows what it is. Nobody understands it. Nobody wants to buy it. And he ends up talking to Elon Musk and Elon says, "You know what? I've got a company that could use that." And I guess he took Jensen to a little room that was the entire company. It was like this crowded little room. Do you know what company it was? What company was it? It was OpenAI.
So it was OpenAI back when Elon thought it would be a nonprofit, but he knew because he understood the technology. He knew that that board could be the difference between AI working and not working. So he was the one who created the entire market for AI. If Jensen Huang had not had a conversation with Elon Musk, there would be no AI. Now, I might be exaggerating, but I don't think so. I think that that chance encounter and the fact that Elon is smart enough to know what that board could do, but he was also rich enough that he was funding this speculative endeavor and he put the two together and now the entire economy, everything, it changed everything. If you were to look at all the things that Elon Musk has done that affected the world, you know, you'd have this long list of everything from oh my god, you know, he's sending rockets up that are reusable, he's got electric cars and all that. Probably none of it would be as big as this in the long run. Literally, that one guy is the reason that AI is the biggest thing in the world.
Now, how could we not know that? I mean, just think about the fact that that is just by itself. The fact that he recognized what that board would do and created a market for it and spawned OpenAI. That is more contribution to civilization than I've ever seen anybody do in any domain. I mean, you'd have to go back to like Genghis Khan or something to find somebody who changed civilization that much. And we didn't even know about it. How many of you had never heard that story? I'd never heard it. And it's gigantic. I mean, it's just wildly, wildly impressive. Never even heard the story until today. Anyway, so put that on your resume.
And then there's a story that Jensen Huang was telling about the contact he got from the Trump administration when they first got into power. He said that Secretary Lutnick called him sort of out of the blue and he said he told me what was important to President Trump which was that the US would bring its manufacturing onshore. So Lutnick is talking to Nvidia's head, telling him it's important. And here's what he started the conversation with. According to Jensen, this Lutnick called him and his first sentence was he said, "This is Secretary Lutnick and I just want to let you know that you're a national treasure and whatever you need, whenever you need access to the president, the administration, you call us. We're always going to be available to you." Literally, that was his first sentence.
Now, you know, I've said to you, I don't know much about Lutnick, but I'm just kind of intuiting from the things we see him do that he's not ordinary. Like he's the real deal and a superstar within the administration, but imagine being so aware that you call Nvidia and you say, "You're a national treasure. If you need anything, you call us and we're going to pick up the phone." How would that feel? I mean, that's pretty impressive because he was right on point and that was before there was any AI. He could see it coming.
And so Jensen says that President Trump single-handedly flat out saved the AI industry. And primarily it was because of Trump's pro-growth energy policy because without that nobody would feel comfortable building a thing that required so m
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uch energy and you couldn't you didn't have a way to get it. Now there is a way to get it. You can build your own power plant and you'll find a way to get approval. And then Jensen Huang of Nvidia had some comments about meeting Trump and how different he is when you actually meet him in person. Now, see if this sounds familiar. Has anybody else said this? That when he met Trump in person, he sai…
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