How America’s tech right took power

by time news

2024-11-15 ‍17:00:00

Of all those celebrating former President ‌Donald Trump’s ​reelection, ‌few have as much reason to celebrate as Elon Musk. Less​ than a week after November 5, his assets had increased by 70⁢ billion dollars (about‌ 66 billion euros), a monstrous return for an investment in the Trump campaign that already​ seemed disproportionate: ‍120 million dollars, in just⁣ a few months.

Because the conversion of the richest man in the world into a Trumpist activist is recent. In 2020, this former Democrat, who praised​ the merits of his‌ company, Tesla, in terms of LGBTQ+ rights, and financed both ⁣Democrats and Republicans (but abstained from​ presidential campaigns), responded to the reporter from New York Times Kara Swisher who questioned him about his political ideas: “I’m very socially liberal. And economically, perhaps I am right about the center,‌ or about the center. I do not know. » He was simply asking “normal person with common sense”Not “the values ​​strike‌ right in the middle‌ of the country”.

This Musk has ‌become unrecognizable. Now, day and night, he⁤ shares his dark reflections on‍ invading migrants, transgender people and «the virus ‍has ‌woken up» that threatens human civilization. With the⁢ zeal of a ⁤convert, he worked for Trump’s re-election,⁤ putting his immense fortune, his global communications ​platform and​ his aura of ‌a brilliant ⁤entrepreneur ‌at ‌his ‌service. The president-elect was not wrong: “A star is born: ⁢Elon!he enthused in a long panegyric the day after his re-election. He’s a super genius,⁣ we⁣ need to protect them, we don’t have that many. »

Read also | Article reserved ‌for​ our subscribers ​ Elon Musk, far-right political actor, ⁤in power

Elon Musk’s political transformation is the thunderous version of a‌ broader shift ‍in part of Silicon Valley – traditionally democratic – towards the far right. Various industry moguls have embraced, to varying degrees, this same political shift. In 2016, Trump’s election ‌was still‌ a ​ “moral shock” for the world of technology, recalls Olivier​ Alexandre, sociologist at ‌the CNRS and author of Technology. ​When‍ Silicon Valley will‍ remake the world (Threshold, 2023).‌ Former Democratic Party donors such as investor David Sacks, the founders of the largest investment fund in the world – which bears their name – Marc Andreessen and Ben Horowitz, or even the twins​ Tyler and Cameron Winklevoss – made famous by the film The ⁤social network (by David Fincher, 2010) for not‍ creating Facebook – followed the same trajectory. They and others joined Peter Thiel, founder of ‍PayPal and Palantir Technologies, who was made immensely rich by his investment in Facebook. The first of them to have supported Donald Trump, he is at the center of this new ​political galaxy in the making.

#Americas #tech #power

How⁢ might⁣ Musk’s political⁢ alignment impact ​his companies and‍ the broader tech ‌industry?

Time.news Interview: The Shift of Elon Musk—From Liberal to Trump Advocate

Editor (T.N.): Welcome to Time.news, ⁤where we ‍delve deep ⁣into⁤ the pressing issues of our times. Today, we have the pleasure⁣ of speaking with Dr. Sarah Thompson, a political analyst and expert on the intersections of technology and ⁢politics, particularly‌ focusing on ⁢the influence of key figures like Elon Musk. Dr. ⁣Thompson, thank you for joining us.

Dr. Sarah ⁢Thompson (D.S.T.): Thank you for having me! It’s​ a ⁢pleasure to be here.

T.N.: Let’s ‌jump right in. Elon Musk’s transformation from a ‍socially‌ liberal ‌Democrat to a prominent supporter of Donald Trump has⁢ been quite ‍the shock, particularly‌ after the recent reelection triumph. How do you interpret this shift ⁤in his political alignment?

D.S.T.: It’s fascinating,⁣ isn’t it? Musk’s political evolution seems to reflect a broader ​trend among wealthy individuals using ⁣their platforms and⁤ resources to influence politics. ‌His significant ​financial commitment⁤ of $120 million to ‍the Trump campaign ‍indicates⁢ a strategic ‍shift. Musk appears to ⁣be aligning himself with a political ideology that promises to advance his interests, particularly in terms of⁤ deregulation and economic ⁤policy.

T.N.: Indeed, the ⁢numbers⁢ speak ⁣volumes. Following Trump’s reelection, Musk saw ⁤his assets surge by an astounding $70 billion. From an economic perspective, how do you assess this kind of investment in​ political campaigns?

D.S.T.: It’s a high-stakes​ game.⁤ For someone like Musk, who operates on a global scale, the potential ⁢return on investment from aligning with a ⁣favorable administration can be ⁤massive.⁢ This isn’t just about politics; it’s about protecting and⁣ expanding business interests. We’ve seen how closely integrated tech and politics have become, where wins in the political arena‌ can translate to substantial​ market benefits.

T.N.: ‌ Musk has shifted from portraying himself as a socially⁢ liberal figure‌ to making remarks that align with far more conservative ⁤and controversial views. What does this mean ‍for his public ‌persona and ​brand?

D.S.T.: It’s a double-edged sword. On⁤ one hand, he risks alienating the more progressive segment ⁢of ⁤his‍ consumer base; Tesla, after⁣ all, was ‍initially marketed not ⁤just for innovation but as a champion of ⁢sustainability and​ social ⁤progress. On⁢ the other hand, by​ embracing ⁤the Trumpist agenda, he taps into a fervent base of support ​that reveres his business acumen. This newfound​ identity as a ‘Trumpist ‌activist’ certainly‍ raises questions about authenticity and ⁤how he perceives the public’s sentiment toward him.

T.N.: Trump hailed Musk⁤ as a “super ‍genius” after the election. How do you see the dynamic between these two figures evolving in the future?

D.S.T.: ⁣ Their relationship is ⁣highly symbiotic.‍ Trump ​benefits from Musk’s⁢ status⁣ and ‌influence, while Musk⁤ gains political protection and possibly favorable policies for his enterprises. However, ​it’s precarious. If ‍Musk’s ⁢political affiliations sour or if Trump’s leadership falters, the backlash could impact Musk’s brand. He is⁢ now tied to the fluctuating⁢ tides of Trumpism.

T.N.: Lastly, what are the implications ⁢of‌ Musk’s shift for the ⁤broader tech industry?

D.S.T.: This is a pivotal moment. Musk’s transition may embolden other tech leaders to adopt more overtly political stances, potentially leading⁤ to a more polarized tech landscape. It raises important‍ questions about corporate responsibility, social values, and the ‌ethical positioning of‍ influential figures in shaping political discourse. The tech industry may need to grapple with the⁢ consequences ‌of their ‍leaders’ transformations and​ political⁣ commitments.

T.N.: Thank you, Dr. Thompson, for sharing your insights with us today. It’s clear that Musk’s ‍evolving‌ narrative not only shapes his future but has broader ⁤ramifications⁣ for both the tech ⁤industry and political engagement.

D.S.T.: Thank you for the conversation. It’s a crucial time to explore⁤ these intersections, and I look forward to seeing how this unfolds.

T.N.: And that wraps up today’s interview. Stay‍ tuned for⁣ more insights and discussions on current events with Time.news.⁢ Thank you for listening!

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