How LA Is Becoming America's New Industrial Tech Hub | Odd Lots

The story you hear nowadays is that America is struggling to make things and can't compete with China when it comes to advanced manufacturing. But of course, there's tons of high-tech stuff being produced in the US, and more and more companies are doing it out of Southern California, with factories sprouting up around Los Angeles to build things like precision metal parts and jet engines. Two founders who are actively engaged in building things in LA are Tom Mueller, founder of Impulse Space (and Employee No. 1 at SpaceX), as well as Hadrian founder Chris Power. Impulse Space is building in-space transport vehicles while Hadrian is creating autonomous factories. This episode was recorded live at the Vermont Hollywood, as part of our first ever Odd Lots live show in LA. We talk to Chris and Tom about how the US lost its manufacturing edge and why LA is becoming a destination for people who want to make and build hardware. Chapters: 00:00:00 - Introduction 00:01:01 - The Decline of US Manufacturing 00:05:28 - What Are These Companies Actually Building? 00:11:22 - The Southern California Industrial Ecosystem 00:13:36 - Vertical Integration vs. Outsourcing in Advanced Manufacturing 00:17:06 - The Robot Gap, China, and Civilizational Risk 00:24:26 - Making Large-Scale US Manufacturing Is Possible 00:27:54 - Trade Policy, Tariffs, and Leveling the Playing Field 00:33:22 - Sign-Off Watch Bloomberg Vodcasts:    • Bloomberg Video Podcasts | Interviews & More   Watch more Odd Lots episodes:    • Odd Lots   Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Join the conversation: discord.gg/oddlots Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots:    • Odd Lots (Audio)   Get the Odd Lots newsletter: https://www.bloomberg.com/account/new... And for all things Odd Lots, visit https://www.bloomberg.com/oddlots #Investing #Markets #Finance #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts For coverage on news, markets and more: http://www.bloomberg.com/video Visit our other YouTube channels: Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg