Great article in the WSJ about the looming policy clash between the Trump Admin and highly global and mobile tech firms.
I'm more optimistic that tech companies will find a way to pivot and profit under the new priorities of the Trump Administration. If he's to be believed, Trump's goal will be to use trade, immigration, and monetary policy to release America's "untapped potential" and create new consumers. Despite their threats to decamp the US, access to talent and customer markets is king.
Mr. Srinivasan views the collision between tech culture and Mr. Trump’s populist movement as inevitable, and potentially so divisive that tech’s global elites should effectively secede from their respective countries, an idea he calls “the ultimate exit.” Already, he says, elites in Silicon Valley are more connected to one another and to their counterparts around the globe than to non-techies in their midst or nearby. “My Stanford network connects to Harvard and Beijing more than [California’s] Central Valley,” says Mr. Srinivasan. Eventually, he argues, “there will be a recognition that if we don’t have control of the nation state, we should reduce the nation state’s power over us.” Such concepts are far-fetched, but the underlying cultural and ideological divisions are real.