Summary

In 2017, tech leaders like Mark Zuckerberg and Sergey Brin supported progressive causes, yet over time many shifted toward pro-business, conservative stances.

Changing economic conditions, capital crunches, and reduced growth diminished the appeal of progressive policies, prompting tech firms to prioritize profit and market dominance.

Biden’s aggressive regulatory actions, including antitrust cases and wealth tax proposals, further alienated Silicon Valley, significantly intensifying its shift toward conservative support.

Such realignment poses significant political challenges, forcing Democrats to urgently reconsider policies and strategies while balancing public interests against ever-growing corporate influence.

    • pdxfed@lemmy.world
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      9 hours ago

      Exactly. Look at our “news” industry, built on supposedly the critical function of journalism. When $ is the output and $ becomes the input, it can easily be steered to antisocial ends. Medicine, higher education, they’ve all been distorted and corrupted by profit motive.