memo
2024 United States Presidential ElectionFollowing Donald Trump’s victory in the United States, many media outlets are analyzing the future impact. I picked out some content related to the IT industry.
What Donald Trump’s Second Term May Mean for Big Tech
https://www.breitbart.com/tech/2024/11/06/what-donald-trumps-second-term-may-mean-for-big-tech/
Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech – Los Angeles Times
https://www.latimes.com/business/story/2024-11-06/harris-trump-won-heres-what-that-could-mean-for-big-tech
What Trump’s victory could mean for AI regulation | TechCrunch
https://techcrunch.com/2024/11/06/what-trumps-victory-could-mean-for-ai-regulation/
Trump 2.0 will have a massive impact on Big Tech, AI, chips and more—in Silicon Valley and beyond | Fortune
https://fortune.com/2024/11/06/trump-2-0-will-have-a-massive-impact-on-big-tech-ai-chips-and-more-in-silicon-valley- and-beyond/
What Trump’s election win means for Google antitrust cases — and the tech industry
https://nypost.com/2024/11/06/business/what-trumps-election-win-means-for-google-antitrust-cases-and-the-tech-industry/
What Donald Trump’s election win means for Silicon Valley – Fast Company
https://www.fastcompany.com/91221787/what-donald-trumps-election-win-means-for-silicon-valley
◆The other winner of the presidential election is “Elon Musk”
Mr. Elon Musk, who heads SpaceX, Tesla, X (formerly Twitter), etc., has strongly expressed his support for Mr. Trump in this election campaign, and in addition to supporting Mr. Trump, he has a plan to “gift cash to those who vote.” such as doing130 million dollars (approximately 20 billion yen)That’s all I spent on this election campaign.
Elon Musk announces that he will donate “150 million yen to those who voted”, but some point out that it is illegal – GIGAZINE
Mr. Trump spent a lot of time in his victory speech thanking Mr. Musk and saying that he highly praised Starlink, which is being deployed by SpaceX. Also, during his election campaign, he said, “I will establish a new government efficiency committee and appoint Mr. Musk as its chairman.”
“A new star has been born. It’s Elon,” Donald Trump praised Elon Musk in his speech declaring victory in the US presidential election – GIGAZINE
◆Crackdown on antimonopoly law (antitrust law) is slowing down
Lina Khan, chair of the Federal Trade Commission (FTC), is a legal scholar who specializes in antitrust law. We actively cracked down on these based on our interpretations.
Mr. Trump is likely to fire Mr. Khan, which could lead to looser regulations.
However, since the FTC sued Google for monopolizing the search market during the first Trump administration, there remains the possibility that the second Trump administration will pursue a path to breaking up Google. In an interview conducted in October 2024, he did not explicitly say that he would “split” but said that he would “do something.”
◆TikTok is surviving
During the first Trump administration, Trump signed an executive order banning TikTok for national security reasons. We forced ByteDance, the Chinese IT company that operates TikTok, to sell TikTok.
TikTok criticizes “executive order banning TikTok” and may take legal proceedings – GIGAZINE
However, Mr. Trump has since changed his attitude significantly and is seen to be positive about developing TikTok in the United States so that it can compete with Google and Meta.
◆The evolution of AI is accelerating
President Biden has issued an executive order on AI in 2023 aimed at “encouraging companies to develop AI responsibly.”
President Biden issues executive order regarding AI, legal regulations will be implemented to make AI safe, secure, and reliable – GIGAZINE
Mr. Trump believes that this executive order “hinders innovation,” and has pledged to repeal it. It is assumed that further deregulation will take place in other IT-related fields as well.
Copy the title and URL of this article