Marketplace Tech
Bytes: Week in Review — What a second Trump presidency could mean for the tech sector
Nov 8, 2024
Paresh Dave, a senior writer at Wired, discusses the unpredictable tech landscape under a potential second Trump presidency. He highlights Trump's controversial history with tech giants, his skepticism about breaking up Google, and the uncertain future of antitrust policies. The conversation touches on the implications for social media regulations and the CHIPS Act, alongside the complexities of TikTok and AI legislation. Dave also explores potential changes in the Federal Trade Commission's direction and the geopolitical stakes of semiconductor manufacturing.
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Quick takeaways
- Trump's second term could bring unpredictable changes to tech antitrust policies, especially concerning big companies like Google.
- The semiconductor industry may see a shift towards tariffs for local manufacturing, contrasting with the Biden administration's subsidy approach.
Deep dives
The Uncertainty of Tech Policy under Trump
The future of technology policy in a potential second Trump administration remains unpredictable, particularly concerning antitrust issues surrounding major tech companies like Google. Trump’s previous administration initiated aggressive antitrust actions against big tech, which could continue or change based on his evolving stance. While there are indications that the Department of Justice might seek action against Google following its recent antitrust ruling, the dynamics could shift depending on Trump's influence and preferences. This situation underscores the complexity of anticipating Trump’s future moves in the tech sector, especially considering his history of changing positions on critical issues.
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