Jacob Helberg

Sarah Guo × Elad Gil × Jacob Helberg

Pax Silica’s first product-like rollout is a 4,000-acre State Department-custodied economic-security zone in the Philippines, with two years of negotiations on taxation, investor protections, and multidecade private development.Its differentiated model puts companies—not government-owned operators—at the center of allied supply chains spanning robotics, critical minerals, and thousands of inputs beyond chips.Execution, minerals pricing, market access, and protection for hundreds of billions invested in AI are near-term catalysts, while durability across administrations remains unresolved.

Jacob Helberg × Sarah Guo × Elad Gil

Jacob Helberg argues that AI, deregulation, and abundant energy could shift the U.S. from consumption toward industrial investment, with CapEx above 2% of GDP and potentially doubling by next year.Critical minerals, semiconductors, nuclear permitting, and platform distribution remain decisive bottlenecks as America competes with China for supply-chain control and the Global South’s AI stack.

Jacob Helberg × Michael Kratsios × Chris Power × Jake Loosararian × Shyam Sankar × Paul Buchheit × Kelly Loeffler

Washington’s 90-action AI plan links innovation, data centers, energy, manufacturing, and global ecosystem reach to national security, with actions targeted for completion within six to nine months.The bottleneck is shifting from model intelligence to physical capacity, with Hadrian reporting 4x manufacturing productivity, 10x workforce productivity, 30-day training, and an Arizona factory planned at four times Los Angeles’s size.Energy efficiency, worker-led deployment, small-business adoption, fragmented state regulation, and offshore competition remain key catalysts and risks for the reshoring thesis.