Welcome to today’s episode, where we dive into how Silicon Valley misjudged Donald Trump’s presidency and its fallout.

In 2016, tech moguls like Marc Andreessen and Elon Musk initially saw Trump as a threat, yet fast forward to 2024, many in tech rallied behind him for promises of regulatory relief and economic growth. They believed Trump’s authoritarian style could secure America’s prosperity against China. Andreessen and his partner Ben Horowitz argued that “the future of America” depended on Trump’s ability to bolster low economic growth and stagnated productivity.

However, as Eric Levitz points out in Vox, this investment has backfired. Trump’s tariffs have not only cost tech investors and startups financially but also sent the U.S. economy into a downturn. Predictions suggest a contraction of up to 2.2% this quarter, raising concerns that America is heading into recession.

Moreover, Trump has jeopardized American innovation by cutting federal funding for research and by limiting high-skilled immigration. A staggering 75% of scientists are considering leaving the U.S. due to his immigration policies.

The tech right’s faith in Trump’s governance is crumbling, revealing a stark reality: self-interest over sustainable economic health and international influence.

As always, thanks for joining me. Stay tuned for more insights next time!
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