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Tech CEOs Eagerly Grovel at the Feet of Trump

Nov 07, 2024 - futurism.com
Tech CEOs, including Mark Zuckerberg of Meta, Tim Cook of Apple, Sundar Pichai of Google, Jeff Bezos of Amazon, Sam Altman of OpenAI, and Elon Musk of Tesla, have shown support for reelected President Donald Trump, despite his controversial policies and criminal convictions. This is a significant shift from Silicon Valley's traditionally progressive stance, and is seen as a move to increase shareholder value, regardless of moral convictions. Trump's unpredictable governance and proposed policies, such as repealing AI regulations, imposing high tariffs on microchips, and revoking work visas, could potentially impact the tech sector.

Post-election, the market surged to record highs, indicating optimism for another Trump term. However, it remains uncertain whether the tech leaders' support for Trump will yield long-term benefits. Trump's plans include deregulating AI and imposing restrictions on "woke" AI chatbots, but the overall impact on the tech sector is still unclear.

Key takeaways:

  • Tech CEOs including Mark Zuckerberg, Tim Cook, Sundar Pichai, Jeff Bezos, Sam Altman, and Elon Musk have shown support for reelected president Donald Trump, despite his controversial reputation and policies.
  • Trump has promised to repeal existing AI regulations implemented by outgoing President Joe Biden and place high tariffs on microchips, which could impact the US tech sector.
  • Trump's anti-immigrant stance could potentially affect the tech sector's labor pool by revoking work visas.
  • Despite the uncertainty surrounding Trump's policies, markets surged to record highs following election day, indicating optimism about another four years of Trump.
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