Wednesday, September 25, 2024

Why Do People Like Elon Musk Love Donald Trump? It’s Not Just About Money.; The New York Times, September 25, 2024

Chris Hughes, The New York Times; Why Do People Like Elon Musk Love Donald Trump? It’s Not Just About Money.

"Mr. Trump appeals to some Silicon Valley elites because they identify with the man. To them, he is a fellow victim of the state, unjustly persecuted for his bold ideas. Practically, he is also the shield they need to escape accountability. Mr. Trump may threaten democratic norms and spread disinformation; he could even set off a recession, but he won’t challenge their ability to build the technology they like, no matter the social cost...

As much as they want to influence Mr. Trump’s policies, they also want to strike back at the Biden-Harris administration, which they believe has unfairly targeted their industry.

More than any other administration in the internet era, President Biden and Ms. Harris have pushed tech companies toward serving the public interest...

Last year, Mr. Andreessen, whose venture capital firm is heavily invested in crypto, wrote a widely discussed “manifesto” claiming that enemy voices of “bureaucracy, vetocracy, gerontocracy” are opposed to the “pursuit of technology, abundance and life.” In a barely concealed critique of the Biden-Harris administration, he argued that those who believe in carefully assessing the impact of new technologies before adopting them are “deeply immoral.”

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