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Tech giants brace for AI revamp, antitrust pullback in Trump 2.0

Bloomberg
Bloomberg • 8 min read
Tech giants brace for AI revamp, antitrust pullback in Trump 2.0
Elon Musk during a campaign event for Donald Trump at Madison Square Garden in New York on Oct. 27. Photo: Bloomberg
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Silicon Valley is bracing for a vastly different relationship with the US government as Donald Trump returns to the White House with promises to undo many of his predecessor’s policies and Elon Musk poised to play an influential role.

On artificial intelligence, Trump has vowed to rip up an executive order from President Joe Biden aimed at putting safety guardrails on the emerging technology. In antitrust, the new administration is expected to seek a lighter touch with merger oversight, while on semiconductors, the president-elect has expressed misgivings about a bipartisan program using government investment to boost domestic chip production.

Industry leaders could see a reprise of the tense relations during Trump’s first term, when he clashed with some tech executives including Amazon.com Inc. founder Jeff Bezos and cultivated cordial ties with others such as Apple Inc. CEO Tim Cook. Since leaving office, Trump has complained that Alphabet Inc.’s Google suppresses good news about him and accused Meta Platforms Inc. of unfairly banning him from Facebook and Instagram in 2021.

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