Libertarian tech executives would seem to be unlikely allies of a reactionary, immigrant-hating president. And yet, Big Tech seems to be thriving in the environment created by Trump. Why?
For two reasons. First, Trump has decided on national security grounds to deregulate AI to the maximum extent possible. That runs contrary to the interests of his MAGA followers, but is completely consistent with the interests of Big Tech. Second, as I anticipated, Trump is treating the tech companies as national champions in his trade negotiations. This could ultimately lead to a reduction in regulations and to higher profits overseas, although the EU, for one, is resisting.
Trump would probably approve of an economy similar to that of South Korea that is dominated by a handful of giant companies. That kind of economy would probably be less dynamic than one open to small entrepreneurs, but it would be easier for Trump to control.