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Maury's avatar

PayPal mafia is in big with supporting Trump. Monopolistic big tech has historically supported and tacitly partnered on elements of the Democratic agenda. (eg. suppression and obfuscation of facts in legacy MSM and social media, social engineering via Hollywood, etc.)

Big tech could be under significant threat to their ever-growing power under a Trump/Vance administration. Could be very healthy in the long run for tech innovation and "free-er" markets. Hard to imagine a tech world aligned with the likes of Lina Khan's FTC but that may be in fact coming about?

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Steven Forth's avatar

Trump reminds me of Herbert Hoover. He advocates many of the same policies and is likely to cause a market crash. But then a correction is due after Biden's success. JD Vance will be interesting. As Trump has advanced dementia he will be the de facto president if elected. He is a smart and accomplished guy. It will be interesting to see what policies he actually stands for. He likely will block any regulation of AI as his VC friends do not want this, they want to make as much money as fast as possible regardless of the risk. There is already a resurgence of US manufacturing and Biden's Chips and Science act is a big step in the right direction. It will be interesting to see if he can build on this. On the other hand, he may push the US to greater use of coal, which will be bad for everyone.

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