

Representative Ro Khanna on Elon Musk and the Tech Oligarchy
23 snips Jan 10, 2025
Ro Khanna, a progressive US Representative from California's Silicon Valley, shares his insights on the growing influence of tech moguls like Elon Musk. He warns that this tech oligarchy threatens democracy and public interests. Khanna advocates for a return to trust among working-class voters, emphasizing the need for reform to curb money's sway in elections. He defines himself as a progressive capitalist, believing that real economic growth should involve entrepreneurship and tech leaders working as part of the solution, not against the state.
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Tech Oligarchy Ideology
- Some tech leaders believe government hinders progress, seeing themselves as Nietzschean Supermen.
- They often disregard the state's role in their success, despite benefiting from government investments.
Government's Role in Tech Success
- Ro Khanna points out that government grants enabled Tesla and SpaceX, citing Obama's role.
- Despite this, these companies rarely acknowledge the state's contribution to their success.
Musk's Influence and Information Asymmetry
- Ro Khanna expresses concern over Elon Musk's influence and lack of financial disclosure requirements, unlike elected officials.
- He highlights the asymmetry of information where Musk's tweets reach millions, while Khanna's replies reach far fewer.