Why does tech have so many political problems?

Monday, August 6th, 2018

Why does tech have so many political problems? Tyler Cowen suggests some reasons:

  • Most tech leaders aren’t especially personable. Instead, they’re quirky introverts. Or worse.
  • Most tech leaders don’t care much about the usual policy issues. They care about AI, self-driving cars, and space travel, none of which translate into positive political influence.
  • Tech leaders are idealistic and don’t intuitively understand the grubby workings of WDC.
  • People who could be “managers” in tech policy areas (for instance, they understand tech, are good at coalition building, etc.) will probably be pulled into a more lucrative area of tech. Therefore there is an acute talent shortage in tech policy areas.
  • The Robespierrean social justice terror blowing through Silicon Valley occupies most of tech leaders’ “political” mental energy. It is hard to find time to focus on more concrete policy issues.
  • By nature, tech leaders are disagreeable iconoclasts (with individualistic and believe it or not sometimes megalomaniacal tendencies). That makes them bad at uniting as a coalition.
  • The industry is so successful that it’s not very popular among the rest of U.S. companies and it lacks allies. (90%+ of S&P 500 market cap appreciation this year has been driven by tech.) Many other parts of corporate America see tech as a major threat.

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