Regulatory Shifts and Venture Capital Dilemmas

This chapter explores the significant impact of regulatory appointments by the Biden administration on the venture capital landscape, focusing on cryptocurrencies and artificial intelligence. It discusses the tension between tech investors' expectations and new enforcement measures, highlighting a shift from confidence to victimization among Silicon Valley elites. Additionally, it critiques the mindset that promotes treating government like a business, emphasizing the importance of public accountability and the societal implications of prioritizing market interests over democratic values.