Trump has a former VC as his running mate, and investors think he will go light on AI and crypto regulation.
that its partners would begin making donations to political candidates they saw as "advancing technology."released Tuesday, the two men said the Biden administration's moves in areas like AI and crypto have benefited incumbents at the expense of startups.," Andreessen and Horowitz criticize a Biden proposal to tax a portion of billionaires' unrealized capital gains, saying it "would absolutely kill both startups and the venture capital industry that funds them.
The tech workforce has typically been more liberal than conservative. It's also full of skilled workers on visas who flock from around the globe to get a slice of tech wealth, making the industry historically supportive of less restrictive immigration policies. Trump's first-term anti-immigration policies tested that resolve, with Google co-founder Sergey Brin joining aWhen it comes to rules for AI and crypto, Trump and his allies have so far taken a traditional conservative approach, wanting government to stay hands-off.
Trump himself first proposed banning TikTok in the U.S. in 2020 as an anti-China move, although he hasTrump's VP pick, Ohio Sen. J.D. Vance — who once worked for Peter Thiel's VC firm — has praised Biden's FTC Chair, Lina Khan, for her efforts to crack down on Big Tech power., the longstanding law that protects online platforms from being sued over the content of users' posts.
Axios License Marc Andreessen Visuals Artificial Intelligence Illustrations Venture Capital J.D. Vance
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