How much ‘government efficiency’ will Elon Musk be able to pull off?

Equity

TechCrunch

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4.2 • 365 Ratings

🗓️ 11 December 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

While the idea that the government “should be run like a business,” is by no means a new one, with Elon Musk in charge of government efficiency, it's worth taking a closer look at whether business principles can be applied to government. Today on Equity, Rebecca Bellan is discussing the intersection of tech, business and politics with Columbia Business School Professor Michael Morris. Morris is also the author of Tribal, how the cultural instincts that divide us could help bring us together, a nominee for the 2024 Financial Times Business Book of the Year award. Listen to the full episode to hear more about: How Musk and Vivek Ramaswamy's new initiative plans to save $2 trillion in government spending. The impact of other tech leaders joining government and the potential for these leaders to influence decisions on crypto and AI regulation. What challenges lie ahead for startups bringing innovation to the military. Spoiler: higher costs of error and slower logistics chains are on the list. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

Transcript

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0:00.0	This episode is presented by Mercury, the fintech that simplifies how more than 200,000 businesses operate.
0:07.0	Hello and welcome back to Equity, Ted Crunch's flagship podcast about the business of startups.
0:23.9	I'm Rebecca Boulon, and this is our Wednesday episode, where we home in on a trend in the tech world and dive deep.
0:29.4	I'm sure most of you listening have heard some version of the phrase, the government should be run like a business.
0:34.6	And with Elon Musk in charge of government efficiency, it's worth taking a
0:37.7	closer look at what that actually means and whether business principles can be applied to government.
0:42.8	Here to discuss the intersection of tech, business, and politics is Columbia Business School
0:47.4	Professor Michael Morris. Michael is also the author of Tribal, how the cultural instincts that divide
0:52.9	us could help bring us together,
0:54.5	a book that at the time of this recording was shortlisted for the Financial Times Business
0:58.2	Book of the Year Award. Michael, welcome to the show. Thanks so much for having me.
1:02.3	Thanks so much for joining us. Tell us a little bit about your background. You've got 20 years
1:06.2	at Columbia Business School, but before that, you were at Stanford, right? Yes, I was at Stanford
1:10.8	Business School from the early 90s to the early oddies before coming back to New York City,
1:16.4	where I'm from. And so I have some familiarity with the startup world in that part of the country
1:22.4	and the ecosystem of investors and founders and advisors that I'm sure make up a big part of your audience.
1:29.8	And I should point out that I am Michael Morris, not Michael Moritz, because that sometimes
1:33.5	has been a point of confusion.
1:36.6	Oh, well, thank you for pointing that out.
1:38.5	M-O-R-R-I-S.
1:40.1	And, yeah, I'm sure you were happy to get back to New York City, where I'm also based and from.
1:45.0	So you are also part of a group of behavioral scientists known for advising presidential campaigns.
	...

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