What a Trump Victory Means for Tech
The New York Times
Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.
Donald Trump has won the 2024 presidential election. Follow live updates and results.
The red wave that swept Donald J. Trump to re-election did not, despite what some podcasters might claim, originate in Silicon Valley.
Here, in bluer-than-blue San Francisco, rank-and-file tech workers still largely vote for Democrats. And while some prominent tech leaders came out in support of Mr. Trump — most notably, Elon Musk and a cluster of right-wing executives and venture capitalists who bankrolled his campaign — many others either supported Kamala Harris or parked themselves comfortably on the sidelines.
But whether they voted for Mr. Trump or not, nearly everyone in tech will feel the consequences of a second Trump term, from social media companies to crypto investors to the companies trying to build next-generation artificial intelligence systems.
Mr. Trump’s first term was wild and unpredictable, creating a noisy day-to-day business environment that even the biggest tech companies struggled to navigate. It’s likely that more chaos and uncertainty lie ahead.
But here are a few predictions I already feel confident making.
