The American elections took place on November 5. The election pitted Republican candidate and former President Donald Trump against current Democratic Vice President Kamala Harris. The Republican candidate won the election with 312 electoral votes. This election represents a real challenge for Silicon Valley’s major corporations.
Donald Trump’s economic policies
Donald Trump’s re-election as President of the United States in November 2024 has major implications for US technology companies. His economic policy, focused on relaxation of market regulation rules and tax cuts, could favor tech giants by easing regulatory constraints and reducing corporate taxes. This approach is intended to stimulate innovation and the competitiveness of technology companies in the global marketplace.
However, beyond national economic policy, Donald Trump has also announced an increase in tariffs. The announcement of a 60% tariff on Chinese products may have come as a thunderbolt to American tech companies, who have certain components of their devices manufactured in that country.
Navigating Data Protection in the Trump Era: Balancing Innovation and Privacy Amid Evolving Political Practices
Under the Trump administration, consumer data protection has been marked by a national security approach, but has lacked robust federal legislation. Although concerns were raised about the use of personal data in political campaigns, particularly in light of the rise of Big Data and algorithmic targeting, efforts to establish clear standards were limited. Political parties have continued to exploit voter data without a strict legislative framework, leading to sometimes contested practices.
With the recent results of the 2024 election, in which Donald Trump won the presidency, it’s likely that this trend will continue. Trump has already expressed an interest in looser regulation regarding cryptocurrencies and may take a similar stance on data protection, favoring an environment conducive to technological innovation over strict regulation. This raises questions about how personal data will be used in future election campaigns, and how voters’ rights will be protected in the face of potentially intrusive data collection. The need for a balance between innovation and privacy remains crucial, especially as targeting technologies become increasingly sophisticated.
The impact of Brendan Carr’s appointment on the US tech landscape
On November 17, Donald Trump named Brendan Carr chairman of the Federal Communications Commission (FCC). The FCC is an independent agency of the US government. Its mission is to regulate telecommunications. Brendan Carr is known for his critical stance on big tech and his commitment to free speech. Brendan Carr has expressed his intention to dismantle what he describes as the “censorship cartel” of big tech companies, particularly when it comes to moderating online content. He also called for a review of Section 230 of the Communications Decency Act, which gives online platforms legal immunity for user-generated content.
Carr’s appointment could lead to a closer examination of the practices of the tech giants, particularly in terms of content moderation and competition. His approach could also influence policies on net neutrality and the expansion of bandwidth access.
In summary, the consequences of the American elections are rather mixed for American tech companies. To delve deeper into the subject, we will have to wait for Donald Trump’s inauguration, scheduled for January 20, 2025.
Sources :
