Members of the tech broligarchy used to vote Democrat and now they’re lining up for Trump. What happened?
Palo Alto, the small Californian town which spawned Stanford University, Silicon Valley and the so-called “broligarchy”, used to boast that it was home to more billionaires than anywhere in the world. Home might be too strong a word.
It was while I was doing a year-long Knight Journalism Fellowship at Stanford in the late naughties that I decided what these blokes could do with was a good session at the pub with a few mates. If they had any. There were no pubs either. So, what the hell happened? How did the epicentre of woke turn into the mecca of MAGA in a few short years? One explanation came this week from veteran broligarch Mark Andresseen, who“I believe it’s the children of the elites” said the billionaire founder of Netscape. “The most privileged people in society, the most successful, send their kids to the most politically radical institutions, which teach them how to be America-hating communists”.
He quotes a terrified senior executive of his company who warned him – “I think some of these kids are joining the company not with the intent of doing things for us but destroying us.” But Andreessen “disabused” readers that the view of “American CEOs operating as capitalist profit optimiser is just completely wrong”.
Perhaps my scepticism about the company’s overly optimistic financial projections during the briefing by Telsa executives might have been reported back to Musk, but who would think a busy billionaire would care what an Australian reporter says? Or for that matter an editorial in theNo wonder poor unappreciated Elon had to throw away $US44 billion to buy X which was initially seen as the worst deal of the century when it lost more than half its value.
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