The rain of millions ($170 million) for Trump’s inauguration exceeds the so-called ‘Big Tech’, and once the political race begins, numerous ultra-rich allies of Trump will participate in his administration as heads of agencies or as advisors.
The The American billionaire eliteled by Silicon Valley leaders, has welcomed its second term with open arms. Donald Trumpwith ostentatious financial support and support for their anti-“woke” ideas – a term used derogatorily by the right to refer to progressive people and ideas – on the inclusion of minorities, censorship or monopolies.
The political love affair between Silicon Valley and the newly elected president is expected to be evident in the inauguration ceremonywhere executives from Tesla, Amazon and Meta, the world’s richest men and sponsors of the event, will sit alongside Trump, his members of the administration, lawmakers and former presidents.
It is not unusual for major corporations and tycoons to contribute to an inauguration ceremony, but the record of 170 million raised until now for Trump’s inauguration is in stark contrast to Biden’s 62 million four years ago, according to data from the Federal Election Commission.
The rain of millions of people a day exceeds the so-called ‘Big Tech’, and once the political race starts, numerous ultra-wealthy allies of trump They will participate in your administration as heads of agencies or as advisorsa situation about which warned the outgoing president, Joe Bidenin his last speech.
“Right now, an oligarchy based on an extreme concentration of wealth, power and influence is developing in the United States,” the Democrat said, concerned about the future of “democracy, fundamental rights and freedoms, and equal opportunity.”
The first evidence that the rapprochement with Trump is paying off is represented by Elon Muskwho has spent some 270 million euros to promote the Republican’s candidacy and has now become his right-hand man.
One of the benefits of this alliance is his appointment as co-director of the new Government Efficiency Organization (DOGE), through which he supposedly wants to ‘downsize’ the government.
From his position, Musk, owner of ), and against a political correctness he calls censorship.
Shift to the right in the ‘culture war’
Musk’s crusade, which he shares with Trump, is reflected in a shift to the right among the great technologywhose Bosses are no longer enemies of the politician, but have paved the way for him meeting with him, reaching out to him and implementing changes in their corporate policies to accommodate views hitherto considered inadmissible in the name of freedom.
For example, Goal dismantled its DEI policy and eliminated independent content verification to implement a community rating system similar to X’s; your boss, Mark Zuckerbergcalled the US elections in a video “a cultural turning point toward prioritizing freedom of expression.”
amazon It has also adopted Trump’s ideological line, eliminating inclusive measures for LGTBQI and racial minority workers, joining others who have done the same outside this sector, such as Walmart, McDonald’s, Boeing or Ford.
The founder of Amazon, Jeff Bezosburied the hatchet with Trump, declaring “optimism” for his deregulatory desire; His newspaper, The Washington Post, stopped supporting political candidates and recently censored a cartoon that satirized tech moguls’ devotion to the newly elected president.
The leader of the financial company Goldman Sachs, David Solomon, confirmed at a conference last Wednesday that there is “an important shift in CEO confidence, especially after the election results in the US”, and hinted at an “improvement of the regulatory context” in which others also have high expectations.
Meta and Alphabet, among others, have been prosecuted by antitrust authorities during the Biden administration, a not very fruitful phase for merger and acquisition operations – which are usually very lucrative for the financial sector – due to democratic obstacles.
Other technological donors of the investiture, Microsoft And Open AI, have expressed interest in agreements to develop artificial intelligence (AI), just as demand for energy begins to increase to support the data centers that power this technology, in which the US wants to be a leader.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
