Employee Benefit News November 6, 2024
Silicon Valley is bracing for a vastly different relationship with the U.S. government as Donald Trump returns to the White House with promises to undo many of his predecessor’s policies and Elon Musk poised to play an influential role.
On artificial intelligence, Trump has vowed to rip up an executive order from President Joe Biden aimed at putting safety guardrails on the emerging technology. In antitrust, the new administration is expected to seek a lighter touch with merger oversight, while on semiconductors, the president-elect has expressed misgivings about a bipartisan program using government investment to boost domestic chip production.
Industry leaders could see a reprise of the tense relations during Trump’s first term, when he clashed with some tech executives...