- cross-posted to:
- news@lemmy.world
- technology@lemmy.zip
- cross-posted to:
- news@lemmy.world
- technology@lemmy.zip
Our tech overlords all have problems, and they want to buy the solutions.
President Donald Trump is being sworn in today, and we are about to find out what happens when the government is actually as corrupt as our most brain-rotted conspiracy theorists imagine.
āTrump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors,āĀ The New York TimesĀ reported, somewhat inaccurately. Sure, the Trump people ran out of VIP tickets,Ā but thatās not what the donors were buying. This is pure, obvious corruption ā the kind that used to trigger shame, back when we were a populace that could still experience that emotion.
So what are these men buying?
Our tech overlords all have problems, and they want to buy the solutions. I guess it was easier than making products people actually like.
āFirst Buddyā Elon Musk spentĀ at least a quarter of a billion dollarsĀ electing Donald Trump. Corporations and wealthy donorsĀ have sent half a billion moreĀ since he was elected. Amazon, Google, Uber, Microsoft, and MetaĀ donated $1 million eachĀ to Trumpās inauguration, as did Appleās Tim Cook and OpenAIās Sam Altman. (Joe Bidenās inaugurationĀ hardly receivedĀ this kind of largesse.) āIn the first term, everybody was fighting me,āĀ Trump said in December.Ā āIn this term, everybody wants to be my friend.ā
Musk, Jeff Bezos, and Mark Zuckerberg, the three wealthiest men on Earth, areĀ reportedly attending the inauguration;they were to be seated with elected officials and cabinet nominees,Ā before the ceremony was moved indoors. (Cook is alsoĀ reportedly attending.) MuskĀ will have office space in the Eisenhower Executive Office BuildingĀ next to the White House, according toĀ The New York Times.
So what are these men buying?
Real market opportunities are rarer than they used to be. Tech executives and investors have become openly resentful about their productsāĀ societal repercussionsĀ andĀ an unconscionable lack of adulation from the citizenry. Zuckerberg in particular seems bored with Facebook, his major moneymaker, and has been searching for a new toy.Ā He spentĀ at least $46 billionĀ plusĀ the cost of a company rebrandĀ on theĀ Metaverse, only to find that his Big New Thing didnāt have legs. His latest Big New Thing is AR glasses, which are heavily reliant on whatever AI (and, likely, tariff) policy Trump will dictate.
Perhaps nobody has spent more to buy a break from public scrutiny than the crypto industry
Nearly every major tech company has at least one lawsuit pending. AppleĀ has an antitrust suit pending. GoogleĀ just lost one. Thereās also a Federal Trade Commission suit that couldĀ peel Instagram and WhatsApp off Meta. Trump cares little about the actual purpose of antitrust enforcement: making companies compete for customers with good products. All the pending litigation is just leverage for Trump to punish anyone who doesnāt fall in line. And Silicon Valley is more disinterested in consumers than ever. āGet out of jail freeā is a pretty famous card in the game of Monopoly, after all.
Perhaps nobody has spent more to buy a break from public scrutiny than the crypto industry. āThe crypto guys are just blowing it out,ā anĀ anonymous Trump advisor toldĀ Axios. āIt used to be $1 million was a big number. Now weāre looking at some folks giving like $10 [million] or $20 million.ā They want a friendly Securities and Exchange Commission. Venture capitalist and PayPal Mafioso David Sacks has already been named as a ācrypto czar.ā And thereās a pending executive order to name crypto āa national imperative or priority ā strategic wording intended to guide government agencies to work with the industry,āĀ according to Bloomberg.Ā We may even be about to witness our veryĀ first presidential meme coin pump-and-dump.
Crypto is good for little besides crime and gambling, and less regulation means more chances for people to get scammed by the next FTX. (Speaking of gambling,Ā Robinhood donated $2 millionĀ to the Trump inaugural fund.) On top of that, the executive order means a higher likelihood of crypto getting shoveled into new government projects āĀ whether itās useful or not. Crypto capture could even extend to soft-pedaling enforcement of the assorted criminal industries that rely on it.
Then thereās the taxes, of course. The billionaires donāt want to pay them, and Trump isĀ amenable to that. Scott Bessent,Ā nominated for Treasury Secretary, said āthe most important economic issue of the dayā was making sure tax cuts for the ultra-wealthy stayed in place. Bessent isĀ accused of being a tax dodge himself.
Mass privatization could make things even more profitable for the tech industry
But thatās all small potatoes. The real money is in the military. The venture capitalist Marc Andreessen ā also a board member of Meta and major investor in X ā has been recruiting Trump administration staffers and even influencing Defense Department and intelligence agency hiring,Ā The Washington PostĀ reports.Ā As usual, heāsĀ given the game away by bragging about it on a podcast.
Silicon Valley investors generally have beenĀ bullish on defense techĀ like industry poster children Anduril and Palantir. (a16z is a major Anduril backer, and both companies are founded and owned by some of the Valleyās earliest MAGA faithful.) They want to shift Pentagon spending away from old-school contractors like Lockheed Martin, which appears to be so freaked out that when the āBig Tech Alertā X account noted it had unfollowed Musk,Ā the Lockheed account DMādĀ to say it was āinadvertent.ā
Muskās SpaceX has aĀ number of contractswith theĀ US militaryĀ andĀ intelligence agencies, including theĀ so-called Starshield satellites. Heās used his influence to meddle in the war between Russia and Ukraine, and hasĀ even reportedly taken phone callsĀ from Vladimir Putin. The militaryās interest in artificial intelligence has also inspired a new race for everything from building out data centers to providing cloud computing. Muskās xAI, something of an also-ran next to OpenAI, Meta, and Google, could legitimize itself with DoD contracts.
Andreessen has already expressed his displeasureĀ with Joe BidenāsĀ executive order on AI, which will likely be repealed.
This isnāt a friendly clown car all these men have packed themselves into
The AI goldrush likely also interests Microsoft, Google, Meta, and Amazon āĀ as well as an array of startups.Ā As early as 2017, OpenAI cofounder Greg Brockman wrote to Elon Musk that the company should aim for a āGovernment project (when: ??).ā (Iāve heard rumors that OpenAI asked for government funding around then; Microsoft also reportedly pitched DALL-EĀ to the military in 2023.)Ā Microsoft has the most to lose in these negotiations āĀ Senators Ron Wyden and Eric Schmitt have expressed concernsĀ that the Defense Department is too dependent on it as a vendor. CEO Satya Nadella hasĀ already made a pilgrimage to Mar-A-LagoĀ to grovel before Trump and Musk.
Mass privatization could make things even more profitable for the tech industry.Ā Data/research stuffĀ is an obvious bonanza, butĀ Muskās criticisms of the F-35 programĀ suggest much broader targeting. Greater military investment in drones, for instance, would likely benefit Anduril. Musk already makes rockets, which means itās a short leap for SpaceX to make missiles. And should the Trump administration carry outĀ its mass deportation threats, there will doubtless be demand for more databases, mass tracking, and detention centers.
But this isnāt a friendly clown car all these men have packed themselves into. Their interests simply do not align. Zuckerberg is the biggest beneficiary of a TikTok ban and hasĀ practically begged Trump to punish Apple for him. Trump may haveĀ changed his mindĀ on banning TikTok, though, perhaps becauseĀ a major conservative donorĀ owns a 15 percent stake. Apple is dependent on Chinese manufacturing and needs exemptions from theĀ Trump administrationās promised tariffs. Andreessen has askedĀ for the breakup of Google, which is now appealing its monopoly judgment. Everyone wants to steal contracts from Microsoft. Jeff Bezos and Musk are rivals for space contacts.
If we know anything from Trumpās first term, itās that he loves people jockeying for his favor. Sure, that means mess, but it also means funny bedfellows. For instance, everyone hates the EUās regulatory regime. Itās easy to imagine Zuckerberg, Musk, and Cook teaming up to get Trump to defang the EUās Digital Services Act āĀ and then immediately turning on each other. Being in Trumpās good graces is a zero sum game, and the prize is that the clown car is eventually going to go right over a cliff.
Selective legal enforcement puts every company under a sword of Damocles
Keeping Trump happy could be expensive, but cheaper than legal battles. Selective legal enforcement puts every company under a sword of Damocles āĀ make the wrong move andĀ you can be cut to shredsĀ by lackeys in Congress orĀ the FCC. Just look atĀ TikTokās fawning appeals to Dear Leader. The Supreme Court has upheld the TikTok ban, but if Trump only punishes the people he doesnāt like,Ā nothing happens to TikTok. (Crucially, the lawās still on the books to keepĀ other Chinese competitorsĀ in line.) Did I mentionĀ TikTokās CEO Shou Chew got a front-row invite to Trumpās inaugurationĀ from the man himself?
I suppose I have to explain why this makes the US a shittier place to live, given the āsavvyā cynicism Iāve seen about how itās all rotten here already. Tech companies, padding their bottom lines, have made their experiences worse, a phenomenon so widespread and well-recognized that now thereāsĀ slang for it. Whether the scandals are scams, child predation, worker exploitation, or violations of user privacy āĀ pick your poison ā Trump has offered tech a way to buy itself out of consequences. That makes life tangibly worse for everyone who isnāt a billionaire.
There are those who will say that this is good ā that the corruption is happening in the open instead of the shadows. But public, open corruption allows even more rottenness to fester in secret. Consider all the strongman governments; besides their advances in bribery, what did they innovate? Silicon Valleyās leaders fashion themselves as titans of industry, but what theyāre really building is a golden age of grift.
I think the scariest line in the whole of it is Trump observing, āIn the first term, everybody was fighting me. In this term, everybody wants to be my friendā. It shows the societal slip, or at least the increase of unabashed openness in corporate and individual action towards cold gain and away from mock goals of perceived public good.
When corruption is legal, why waste time and energy pretending that the goal aint extraction?
Looting pedons bank accounts and the US treasury, exploiting slaves for their labour is the name of the game.
Idiots working class was convinced otherwise and it will take them another generation to catch on. In the mean time, the oligarchs have deployed the surveillance apparatus that likely will be strong enough to eliminate any real or perceived opposition form the pedons.
I honestly donāt feel so bad about any of it, working people maniacally voted for policies so obviously against their own interests that had almost no disguise. It was not done to them, they did it to themselves. I sat and watched them do it to themselves and now they have it coming.
You can feel however you please but we are all being boiled together.
So either quit being poor or perish is the MO going forward.
Including those of us in other countries who didnāt get a vote in your elections, but who are about to be absolutely fucked by the results.
Sorry to the people who voted against this, but the other 2/3 of your fellow citizens doomed you to the global distrust and anger that your country has earned.
Always blaming the voter but never the people who decided to up up a loser for the election.
This is DNCās faultā¦
That may be a good thing as it speeds our way to general class consciousness.
Thatās how revolutions start. (Itās also how violent revolt starts, which is different from revolution but can become revolution sometimes.)
I think theyāre just reading the room. If he goes full-on authoritarian, do your shareholders benefit more from you getting in his way or licking his boots?
His first term there was a sense that he might shake things up, but they would eventually return to some semblance of balance of power. This second term, people still wonder deep down whether Trump might try to pull a S Korean style martial law declaration at some point, and perhaps meet greater success.