Private Sector

“Roughly 70% of R&D was paid for by the U.S. Government. About 30 was in the private sector. What has happened over the last 70 years was there's been this dramatic shift. Now roughly 70% of R&D is done by the private sector, and 30 is funded by the federal gov…”

“And those technologies today are not being built by governments. They're being built by the private sector.”

“85 to 90% of jobs in the world are created in some form or the other in the private sector or in private sector-oriented enterprises in the state-owned sector.”

“One of the roles of A foundation is to take risks that the private sector and governments aren't incentivized to take. There might be political risks, there might be economic risks, and the foundations can provide, because there's less accountability on founda…”

“So in India, even at its peak, the public sector is not contributing more than 27% of the GDP. 73% was all private sector. So India has been a capitalist country all through, but with a welfare component, you know.”

“In the private sector, if you are able to push something by a millimeter, you make an inch of progress. With the government, if you can push something by a millimeter, if you can, then you can, your progress that you make is a mile long.”

“Government at their best can set the right policy. And if you have great leaders who can do that, you still need the private sector to come and be your partner in order to bring expertise, technical expertise. You need them to bring project management capabili…”

“When you're giving, you know, say, 10,000 crores, and if the government says, hey, you know, give me five percent equity, and you think the private sector will not give you five percent to get 10,000 crores? I think it's a very simple argument, right? They wil…”

“The private sector has gotten so much better at employing people that are intellectually minded and provide such better jobs on a relative basis that really, as someone pointed out to me, it's like, if you believe in capitalism at all, like, why would you go w…”

“There is not enough private sector balance sheet capacity to intermediate this enormous stock of treasuries. It's a capacity problem.”

“Folks who lost their government jobs will be picked up by the private sector.”

“It definitely will open up an opportunity for the private sector to step in and provide more in that space. And where, where the vacuum is left from kind of government stepping back and being less involved.”

“But yet, I think that the actions that they're taking around freezing payments and some of the other things are going to lead to higher costs and a lot more uncertainty in the private sector, right?”

“In business, we're rewarded for taking risks, and when I do a company, or if I'm backing a founder, or if I'm building a company myself, I wanna be focused on things that might potentially fail, because we have big ambitious goals in government. The goal is to…”

“There are certain entities, private sector, philanthropy, et cetera, that can really serve as our leading indicators. They're the best practice mechanisms. They're the ones who can be essentially the seed capital. Oftentimes in innovations at work, what they n…”

“I agree we have to cut government spending. I don't, I personally don't think it's recessionary. I think it helps the private sector when government gets cut.”

“Some of it, for example, could be specific to the finance sector, some specific to the logistics sector, but then there are also different kinds of data that lies within government possession, and we are making it much more readily available to the private sec…”

“The kinds of people who can run projects like that just don't work for the government anymore. They, they're in the private sector.”

“We need to move forward and we need to actually create a market based economy where the private sector must drive India's growth story. The government should only act as a facilitator. The government should only act as a catalyst.”

“So government gives you a different job satisfaction. It gives you the size and scale, which you can never get in the private sector.”

“But that doesn't exist in Singapore, in the UAE. They're so intertwined. Like you, I have a business in Singapore. We all love Singapore, right? But the government knows everything about every business and works with every business, right? And so like, yes, yo…”

“If you think about it, after ISB, Nothing has gotten created in the private sector of the same quality.”

“There's people who say, ah, we don't want the private sector to do anything because we want a federal solution. And I say, you're, no, absolutely not, because these are millions of women that can have access to childcare while we're waiting for Washington to g…”

“Right now, we have a part of the private sector that's coordinating with the government to tell us exactly how they want to allocate capital and how they want us to use our capital, but there's a huge part of the private sector that, for whatever reason, is no…”

“I wouldn't have left academia if I didn't think that this had to be solved in the private sector.”

“95% of the money that circulates in the system is created by the private sector today.”

“I think the right role for government in this sort of science is to support very undifferentiated basic science. That's the, that sort of is the foundation for now the ability to create Entities that are really good at taking that and turning them into medicin…”

“The truth is, certainly at the highest levels of the federal government, people are just as smart and work just as hard, if not harder, than anybody in the private sector. But where there is massive inefficiency is technology and IT procurement. It's just mise…”

“Now, the problem I have, though, is that in the public markets, there's clearly this kind of rubber stamp of ESG that I think a lot of investors have already figured out is almost meaningless. Because you have these ESG indices that are like everybody but poor…”

“Tapping the private sector in many ways is it's a brilliant strategy politically because it now sort of embraces A whole bunch of companies that are in the consciousness of America as part of the solution which actually by implication means that if this thing …”

“You're seeing a situation now where public agencies are not anticipating coming forward with government money to subsidize even docked or undocked systems. And we're expecting that the private sector can handle this and that our role is more of a regulatory ro…”

“I believe that a lot of the improvement in our living standards really comes out of these kind of micro improvements at the private sector level, rather than as a matter of great policy.”

“I think that the private sector can help government better understand its own problems by embedding predictive analytics into some of our programs. We could do that in our social programs. And then on the back end of it is rapid cycle evaluation to determine w…”

“Here's one thing we know, I believe, that the work that CMS is doing, the work the private sector is doing in terms of moving to value-based care, that's not going to stop.”

“The same thing, if you look at individuals, we've got half the population does not have a retirement plan. Private sector. They've got Social Security, but no retirement plan.”

“And then over time, you know, there'll be future regulatory changes to you that probably cement some of these changes and push us further forward, but I bet for the next decade the disruption comes from the private sector, and so I feel happy to be here.”