July 18th, 2024

The Silicon Valley realignment leading tech titans to Trump

Silicon Valley elites back Trump over Biden for industry-friendly policies on tech. $8.5M donated to pro-Trump PAC. Musk, Andreessen, and Horowitz endorse Trump. Vance as running mate gains support. Rightward shift influences tech industry.

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The Silicon Valley realignment leading tech titans to Trump

Silicon Valley leaders are shifting their support towards former President Donald Trump, departing from their traditional Democratic leanings. Tech elites have donated $8.5 million to a pro-Trump super PAC, with prominent figures like Elon Musk endorsing Trump publicly. The shift is attributed to Trump's promises of industry-friendly policies on cryptocurrency and artificial intelligence, contrasting with President Biden's approach seen as hindering innovation. The endorsement of Trump by influential figures like Marc Andreessen and Ben Horowitz marks a significant realignment in the tech industry, with some viewing Trump as beneficial for their companies and investments. The decision to add Sen. J.D. Vance, a former venture capitalist, as Trump's running mate has further garnered support from Silicon Valley investors who see Vance as an ally. Despite this shift, many tech workers continue to support Democrats, while executives and investors lobby against Biden's tech regulations. The rightward lurch in Silicon Valley is driven by a growing group of right-leaning elites, influencing others within the industry.

Link Icon 5 comments
By @beaglesss - 4 months
If you invest a ton of time and support it's essentially quid-pro-quo bribery.

If you invest none you have no seat at the 'democratic' table.

Either way you'll be condemned.

By @sciurus - 4 months
By @Hatrix - 4 months
All the money in the world and they cannot get what they want without political and government assistance.
By @quantified - 4 months
Titan means money person. What does Woz think?