Steve Forbes: What's Ahead

In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.

Episodes

  1. Acclaimed Physicist And His Daughter Are Burying Tiny Nuclear Reactors A Mile Underground

    1D AGO ·  BONUS

    Acclaimed Physicist And His Daughter Are Burying Tiny Nuclear Reactors A Mile Underground

    Liz Muller convinced her dad Richard to forego retirement and become an entrepreneur. The result is a revolutionary approach to making atomic energy cheaper and safer. For more than a decade, Elizabeth Muller and her father have taken a three-mile hike, usually twice a week, through the hills of Berkeley, California, stopping for coffee and brainstorming on the way. “I would have an idea and she would have an idea,” says Richard A. Muller, who devised the modern carbon dating method used to determine the age of ancient plant and animal remains before he was 33 and won a MacArthur Foundation “genius” award at 38. Now, after 40 years of teaching at the University of California at Berkeley, the 82-year-old physicist is on the verge of having his greatest commercial impact, thanks to his business-minded daughter and those long walks. “Nuclear brings out big emotions on all sides,” says Liz, 47. “As a kid growing up in Berkeley, all my teachers and friends were anti-nuclear, and the city became a nuclear-free zone.” She too leaned anti-nuke, even though her father’s mentor, Nobel Prize winner Luis Alvarez—who worked with Robert Oppenheimer on the first atomic bomb—was “like a grandfather to me.” But after college at UC San Diego, she moved to Paris in 1999 to earn a master’s at ESCP Business School and worked in international finance there for eight years. In France, she explains, everyone supported nuclear power as a “clean, reliable global warming solution.” She returned to Berkeley determined to tap her dad’s genius.  In 2022, on one of those walks, the Mullers hatched the idea behind their nuclear power startup, Deep Fission. The concept is surprisingly simple: Drill a 30-inch-diameter borehole a mile into the earth, fill it with water, then insert a teeny-tiny nuclear reactor that will boil the water at the bottom and send it up a separate pipe to run a steam turbine. Each hole will generate 15 megawatts, enough to power 12,000 homes. Put 70 of them in a field and you can power a one-gigawatt artificial intelligence data center.  Once up and running, it should also be cheap (about six cents a kilowatt hour, they estimate), because sticking a reactor deep in the ground under 160 times atmospheric pressure eliminates 80% of traditional power plant costs, which go to concrete buildings and thick steel vessels. “We are using the gravity of the water to give the reactor the same pressure,” Richard explains.  Last August the Department of Energy inclu­ded Deep Fission as one of ten companies in its Reactor Pilot Program, designed to quickly test a new generation of smaller reactors that are easier to build. “The pull of electric demand from data centers warranted a new approach,” says Rian Bahran, deputy assistant secretary for nuclear at the DOE. While the other reactors are innovative in their own ways, they’re all variations of the traditional above-ground model. Read the full story on Forbes: By Christopher Helman https://www.forbes.com/sites/christopherhelman/2026/04/02/acclaimed-physicist-and-his-daughter-are-burying-tiny-nuclear-reactors-a-mile-underground/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    7 min
  2. Trump Mulls Pulling U.S. Troops Out Of NATO Countries Opposing Iran War

    4D AGO ·  BONUS

    Trump Mulls Pulling U.S. Troops Out Of NATO Countries Opposing Iran War

    President Donald Trump is considering moving U.S. troops from North Atlantic Treaty Organization members that have not backed the war against Iran and moving them to more supportive countries, The Wall Street Journal reported Wednesday, while he also mulls trying to withdraw the U.S. from NATO altogether. KEY FACTS The proposal would involve removing American troops stationed in countries Trump believes were not supportive of the U.S. and Israel’s war with Iran and moving them to countries deemed helpful amid the conflict, the Journal reported. The potential punishment against some NATO members is one of several being circulated in the White House, according to the Journal. NATO Secretary General Mark Rutte, who met with Trump in a closed-door meeting Wednesday, did not speak to the validity of the Journal’s report in an interview with CNN, remaining tight-lipped and saying he had a very “frank” and “open discussion” with Trump. Trump and Rutte’s meeting came after Press Secretary Karoline Leavitt said Trump has considered withdrawing from NATO, the 32-member alliance that acts as a collective military defense for the countries under its banner. But Trump cannot unilaterally withdraw the U.S. from NATO under a 2023 law that says withdrawal requires a two-thirds Senate approval (right now, including at least 14 Democrats supporting it) or a formal act of Congress. That law was co-sponsored by then Sen. Marco Rubio, R-Fla., Trump’s secretary of state, who recently told Fox News that after the war with Iran, “we are going to have to reexamine” the U.S. relationship with NATO. TANGENT The U.S. and Iran reached a ceasefire agreement Tuesday night, with Trump saying the two countries would “work closely” to establish a regime change and remove nuclear materials. The agreement was reached after Trump threatened strikes on civilian infrastructure alongside a statement in which he said “a whole civilization will die tonight, never to be brought back again.” Iran accused the U.S. of breaking the ceasefire after Israel conducted bombings in Lebanon. Trump and Vice President JD Vance claimed Iran misunderstood the terms of the ceasefire and that Lebanon was not included within it. WHAT NATO COUNTRIES HAVE BACKED TRUMP’S WAR ON IRAN? Canada, the Czech Republic, Albania, North Macedonia, Lithuania and Latvia are the only NATO countries to issue letters of support for the strikes the U.S. and Israel have carried out against Iran. Read the full story on Forbes: By Antonio Pequeño IV https://www.forbes.com/sites/antoniopequenoiv/2026/04/08/trump-mulls-pulling-us-troops-out-of-nato-countries-opposing-iran-war-report-says/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
4.7
out of 5
496 Ratings

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In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.

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