My only gripe is that he thinks that entrepreneurship and investment are struggling. If they're struggling now, then they've been struggling through all of human history.
Entrepreneurship is extremely hyped right now, despite being at a relative low historically (Figure 1 of [1]). More companies are failing in their first year (Figure 4, 5, D1, D3 of [2]) and an increasing percentage of employment is at firms 16+ years old (Figure 2, A2, C2 of [2]).
Less people starting companies, more companies failing in the first year, more people employed at well-established companies. That sounds like entrepreneurship is struggling to me.
[1] http://www.kauffman.org/~/media/kauffman_org/resources/2015/... [2] http://www.brookings.edu/~/media/research/files/papers/2014/...
However, investment as used in GDP calculations comprises more than just business investment. It also includes construction of new homes for instance. So to compare investment to corporate profits, which are indeed relatively high, you would need to know the level of business investment and I don't know where to find that data right now.
far too many business are protected by heavy regulatory burdens to the point that to enter into such the costs of compliance eat up any slack which reduces your ability to react.
However it is important to note that some of the areas with the least competition, most regulations, and highest compliance costs exist in such a state due at least in large part to honest safety concern. Aerospace and Medical are the two broad areas that have many facets that immediately come to my mind as falling into this category.
Just saying it is important to remember our goal is safely bettering the world, not simply being able to stand atop a burning pile of rubble and yell Anarchy. Although I believe that sounds like a lot of fun too.