With one of the most cantankerous, vicious, and discordant federal elections in living memory just around the corner, the politics across wide swathes of the US remains hopelessly divided. Yet, judging each presidential candidate strictly on policy proposals represents one of only a few systematic methods of sifting through personal and groupthink biases, which in turn paves the way for decisions that are rational and grounded in facts.
As the tech sector constitutes an integral component of not just the market but the economy as a whole, it is of the utmost importance that voters should personally evaluate the pertinent policy proposals of the Trump and Harris campaigns. To aid this intellectual exercise, we bring you today a bird's eye view of the broader technology-related architecture that our readers can expect from a Harris or Trump presidency.
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The Tech Moat Under Trump And Harris Administrations
Stifled innovation. This is a charge that the Trump campaign has frequently lobbed at the opposing camp, promising to undo the regulatory overreach that the Biden-Harris administration has allegedly deployed to regulate the broader tech sector. On the flip side, the Harris campaign maintains that Trump's policies are too lax, bordering on pandering to the interests of the c-suite America.
Let's look at the specific buttresses that currently underpin the tech-related vision for America as enunciated by these two disparate presidential campaigns.
The CHIPS Act
As the Biden administration's signature reform to ensure a gradual re-shoring of chip production in the US, the Harris campaign has predictably touted the provision of $39 billion in federal grants and subsidies - along with billions of dollars in loans - to eligible entities such as Intel, TSMC, Samsung, and Micron. The initiative also provides an additional $11 billion for
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TikTok
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