News Post

Startup founders are from Mars, policymakers are from Venus

Semafor

09.01.23
Economic Growth Taiwan and USA

Krach: “What I discovered during my public service as the Under Secretary of State was that Silicon Valley tech entrepreneurs and Washington politicians don’t speak the same language. They may as well be from different planets.

To lawmakers, terms like 5G, AI, EV, quantum are meaningless. Until we brought the TSMC fab to the U.S. and architected the CHIPS and Science Act, “chips” were something you ate.

To the startup crowd, techies, and engineers, foreign policy is really foreign. There is not much of an appreciation for how much their work impacts national security. If you’ve ever watched Congressional hearings about high tech, they’re entertaining and scary at the same time.”

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Economic Growth Taiwan and USA
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