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The Daily

Big Tech’s Big Bet on Trump

The Daily

The New York Times

Daily News, News

4.4102.1K Ratings

🗓️ 13 January 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

Big Tech’s biggest names are throwing their weight behind Donald J. Trump in the biggest possible way, first as candidate and now as president-elect. Erin Griffith, who covers tech companies and Silicon Valley for The Times, charts the tech billionaire Marc Andreessen’s journey from top-tier democratic donor to Trump adviser, and explains what it reveals about the growing MAGA-fication of Silicon Valley.

Transcript

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0:00.0

From New York Times, I'm Michael Babaro.

0:04.0

This is the Daily.

0:12.8

Big Tech's biggest names are throwing their weight behind Donald Trump in the biggest possible way,

0:19.8

first as candidate and now as president-elect.

0:23.9

Today, business reporter Aaron Griffith on what one tech billionaire's journey from top-tier

0:31.4

Democratic donor to Trump advisor reveals about the growing mogification of Silicon Valley.

0:44.6

It's Monday, January 13th.

0:53.0

Aaron, welcome back.

0:56.9

Thanks for having me.

0:58.5

You have been covering startups and Silicon Valley for a long time.

1:04.9

And you know as well as anyone that by reputation, Silicon Valley is seen as a liberal bastion, a place where progressive thinking is nursed and promoted.

1:18.5

But over the past year, especially during the presidential campaign, it really did feel like Silicon Valley's conservative self began to emerge.

1:30.4

Absolutely. And it's true that Silicon Valley has historically been very liberal, and there were

1:37.0

plenty of very well-known investors and founders who backed President Biden's campaign and then

1:42.9

Vice President Harris. But the thing that was

1:45.4

different this time around was that some of the most prominent and influential people in the

1:51.7

tech industry came out in support of Donald Trump. And this includes big name venture capitalists,

1:58.0

like David Sachs. This includes Elon Musk. And this includes a lot of

2:02.2

other people that are very famous in the tech industry, but maybe not household names across the

2:07.0

country. And that has a little bit of a trickle-down effect where in the past, it may have been

2:14.3

taboo or absolutely impossible to say that you supported Trump or even that you are a Republican now.

2:21.0

It's kind of a lot more common.

...

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