Source: Wall Street News

After Musk took on the role of the so-called "Minister of Efficiency," his billionaire friends in Silicon Valley have also entered the political arena in the USA. For instance, Jared Isaacman, founder of electronic payment company Shift4, has been nominated as NASA Administrator, and former PayPal Chief Operating Officer David Sachs has become the USA's first "AI and Cryptos Czar." Additionally, Mark Anderson, co-founder of the top global technology investment firm a16z, is reportedly set to assist the "Efficiency Department" in hiring staff.

For traditional American politicians, outsiders are sometimes a real unknown, and how they will affect the policy direction of Trump 2.0 remains a question.

Unlike wealthy power brokers of the past who operated secretly and exerted influence through behind-the-scenes dealings, today's tech giants are more willing to publicly discuss their policy positions and preferences. They express their political demands and expectations clearly through various Social Media platforms. These tech figures, who are deeply involved in Trump’s transition team, demonstrate a unique confidence from Silicon Valley, believing they can manage the country more effectively than a traditional government.

Therefore, some believe that the USA is about to enter a fully deregulated era, from Cryptos to AI, and spanning various fields such as Energy, the defense industry, and health technology. In an earlier article, Politico reporter Derek Robertson wrote:

Although these tech leaders may not have completely consistent goals, they generally believe that their innovations can propel the USA forward into a brand new future. Regarding the government, they hope it will either actively support their innovative activities or refrain from intervening, giving them enough freedom to achieve these goals.

Transforming passivity into proactivity, saving the American tech industry.

Take Anderson as an example; an earlier article he wrote, a "Technology Optimism Manifesto" of over 5000 words, has made him prominent in the field of tech policy.

In this declaration, he strongly supports Technology development and opposes regulators whom he believes will stifle Industry development, arguing that these regulators are choking the entrepreneurial spirit in the USA. He considers a series of thinkers including free-market economist Hayek, transhumanist theorist Kurzweil, and Italian futurist Marinetti as heroes.

Recently, Anderson began to present more specific policy viewpoints, viewing Trump's second term as a direct counterattack against the Biden administration on Barry Weiss's podcast.

When supporting Trump, it is done purely based on Technology policy. During the Cryptos war, we were passive for four years, which was very brutal and highly destructive; regarding AI, we met with them in Washington, D.C. in May to discuss this issue, and the meeting was quite terrible, leading us to basically decide that we must support Trump.

Anderson stated that the Biden administration intends to limit small participants in the development and research of AI, which is a significant obstacle for him, as his career and wealth are based on investments in startups. Hence, Anderson joined forces with more politically oriented startups, forming an alliance with traditional big tech companies like Google and Microsoft that typically seek political Neutral.

Before the election, Anderson, a16z co-founder Marc Andreessen, and Microsoft CEO Satya Nadella co-authored a blog post discussing the 'policy opportunities' for AI startups, emphasizing the need for investment in AI resources, support for open-source development, and skepticism towards the regulation of new technologies.

The three stated:

(Technology regulations) should only be implemented when their benefits exceed their costs. In calculating costs, policymakers should assess the potential costs that unnecessary bureaucratic burdens impose on startups.

They tend to reduce AI regulation under the guise of safety to promote competition among AI startups. They stated that their goal is to actively 'free individuals and businesses from illegal regulations not passed by Congress and stimulate the USA economy.'

Deregulation in the Energy Sector.

Roberson pointed out that the deregulatory agenda promoted by the Technology right is very broad, especially in the Energy sector. They believe that increasing the USA's energy production is crucial for lowering living costs and driving the development of AI.

Venture capitalist David Friedberg emphasized that a greater supply of Electrical Utilities can lead to more automation and AI applications, thereby increasing production efficiency, especially in factories. Therefore, they have allied with mainstream Republicans in an effort to promote economic growth by increasing energy production.

Thus, they advocate for the repeal of regulations seen as hindering energy production, such as the Biden administration's environmental regulations, while supporting the increase of fossil fuel production and the development of New energy Fund, such as nuclear energy and Geothermal Energy.

Issues like antitrust and immigration may prove challenging for Silicon Valley elites and Trump to agree on.

Roberson also stated that while the Technology right has grand goals, there are also certain divisions and resistance within them, particularly regarding antitrust issues.

USA Vice presidential candidate Vance supports the Biden administration's Federal Trade Commission Chair Lina Khan's antitrust actions against big tech companies, while Trump has already chosen Vance's ally Gale Slater to oversee the Justice Department's antitrust work.

However, Lina Khan and her views on the government-industry relationship are not popular in other areas of the tech world, especially among venture capitalists, who criticize her and the Biden administration's policies, believing these policies freeze.mergers and acquisitions.The activities have limited the vitality of the economy. At the technology right-wing conference in San Francisco, the atmosphere noticeably became colder when Lina Khan's name was mentioned.

There is also the immigration issue. The leaders in the tech sector, especially those in Silicon Valley, generally support increasing the immigration of high-skilled workers, as it is crucial for their Business and Technology development. However, this position conflicts with the stance of the MAGA (Make America Great Again) movement, which tends to take a stricter approach to all immigrants.

Roberson believes that although the tech giants may have some influence on the deregulatory agenda of the Trump administration, Trump's own stance on immigration and Trade policies may prevail, as he has consistently been strongly opposed to immigration and Trade.

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编辑/jayden