Big Tech has outmaneuvered MAGA populists a year into the Trump administration, with tech CEOs now wielding significant influence over the White House. Just 12 months ago, the major players were seen as supplicants to President Trump, eager to curry favor and gain access to his ear.
Instead, it's been the other way around. The powerful executives of companies like Amazon, Google, and Facebook have used their vast resources and networks to shape policy in Washington. They've lobbied heavily for more favorable regulations and have even convinced Trump to take steps that were previously unthinkable, such as signing an executive order allowing states to write or enforce their own AI laws.
The once-powerful populist movement led by Steve Bannon has been dealt a significant blow. The push to break up Big Tech, which was once a core goal of MAGA populists, seems to be on life support. Instead, the industry is thriving and is now pushing back against efforts to regulate it more heavily.
This shift in power dynamics has left many MAGA supporters reeling. Trump's decision to defend H1-B visas for high-skilled foreign tech workers, despite fierce opposition from some corners of the movement, was particularly galling. It seemed like a betrayal, and highlighted the challenges that the populist movement faces when it tries to take on powerful industry interests.
For now, at least, it seems like Big Tech is in the driver's seat. The question is whether this will continue to be the case, or if there are other forces waiting in the wings to challenge the tech industry's influence over the White House.
Instead, it's been the other way around. The powerful executives of companies like Amazon, Google, and Facebook have used their vast resources and networks to shape policy in Washington. They've lobbied heavily for more favorable regulations and have even convinced Trump to take steps that were previously unthinkable, such as signing an executive order allowing states to write or enforce their own AI laws.
The once-powerful populist movement led by Steve Bannon has been dealt a significant blow. The push to break up Big Tech, which was once a core goal of MAGA populists, seems to be on life support. Instead, the industry is thriving and is now pushing back against efforts to regulate it more heavily.
This shift in power dynamics has left many MAGA supporters reeling. Trump's decision to defend H1-B visas for high-skilled foreign tech workers, despite fierce opposition from some corners of the movement, was particularly galling. It seemed like a betrayal, and highlighted the challenges that the populist movement faces when it tries to take on powerful industry interests.
For now, at least, it seems like Big Tech is in the driver's seat. The question is whether this will continue to be the case, or if there are other forces waiting in the wings to challenge the tech industry's influence over the White House.