If it was a series, the plot would be phenomenal. American president lost the elections for the second term, resented many people, (in)directly initiated the rebellion and because of his posts, he was banned on most social networks. Four years later, he's back in style, and those who banned him are now calling to make appointments and donate $1 million each to his inaugural party. But it's not a series, that's real life in the usa these days.
For Trump's favor these days, the first man of Apple, Tim Cook, the founder of Amazon, Jeff Bezos, the founder of Google, Sergey Brin, the first man of Meta, Mark Zuckerberg, to mention only the biggest ones, and not to mention the first among the unequals, Elon Musk, who already ensured himself that sits to the right of the newly elected president.
When Trump first entered the White House, tech giants looked down on him. They mostly supported his opponent, Hillary Clinton, and they knew that Trump had no understanding of technology. During his first term, everything was happening, the president realized the power of technology and tried to introduce measures to limit its power. The backlash was strong and ended with the aforementioned losing the election and a ban on social media.
However, the four years of Joe Biden's government did not bring Dembele to the technology companies, on the contrary. The development of artificial intelligence initiated one charter (law) and two executive orders on putting AI under control, and the issues of monopoly were seriously raised, i.e. the intention to make big companies spend a little.
At the end of this year's presidential campaign, it became clear that something is changing. Not only did Elon Musk openly and without hesitation, and with a lot of money, stand by Trump, but the "Washington Post", which is owned by Amazon, refrained from supporting any candidate (and it was not difficult to guess who the editorial team would stand behind), while the others remained remarkably silent when they were expected to raise their voices. That's why they talked a lot after the election, announcing that they expect good cooperation with Trump during his second term.
There are several reasons for this, according to American analysts, and a few stand out: competition from China, regulation in the field of artificial intelligence, treatment of monopolies and protection in other markets. In fact, it all boils down, more or less, to regulation.
Although the US is still the undisputed leader in the development of artificial intelligence, it is clear that China is advancing at such a speed that it may soon overtake them. And leadership in VI may in the future also mean economic superiority. Europe, more precisely the EU, has not been in this race for a long time, precisely because of excessive regulation that hinders research by placing the protection of users, especially their data, above all else.
On top of all that, in recent years, American companies have been draconianly punished in the EU for doing business that does not comply with strict regulations. Apple alone has to pay $13 billion to Ireland for tax evasion. Trump's favorite reciprocity is inapplicable because Europe is not competitive in high technology.
Finally, Trump is expected to be favorable to corporate mergers and less sensitive to forces leaning toward monopoly. But the most important thing is that it allows America to remain a leader in the development of artificial intelligence, which would not be possible if that development is legally limited.
Donald Trump is expected to lead America into a decisive battle to maintain leadership in high-tech. Leaders of industry, just like chiefs, come to tell him how their troops are ready. Instead of a bow, they offer a million dollars each. To begin with.
