The future if Trump wins

Presented by G42: How the next wave of technology is upending the global economy and its power structures
Oct 23, 2024 View in browser
 
POLITICO Digital Future Daily Newsletter Header

By Derek Robertson

Presented by 

G42

WASHINGTON, DC - AUGUST 21: (AFP OUT) U.S. President Donald Trump, first lady Melania Trump and their son Barron Trump wear special glasses to view the solar eclipse from the Truman Balcony at the White House on August 21, 2017 in Washington, DC. Millions of people have flocked to areas of the U.S. that are in the "path of totality" in order to experience a total solar eclipse. (Photo by Mark Wilson/Getty   Images)

Former President Donald Trump, former First Lady Melania Trump, and their son Barron Trump view a solar eclipse in 2017. | Mark Wilson/Getty Images

A modern presidential campaign is a pitch for an American future — think John F. Kennedy’s “New Frontier,” or Ronald Reagan’s “Morning in America,” or Barack Obama’s vision of a country where “a skinny kid with a funny name” could become president.

The rhetoric of the 2024 campaign has been a little less lofty than all that.

But new technologies like AI and quantum computing are set to remake the digital world, NASA has promised an imminent return to the Moon, and there’s a newly heated race for global tech and industrial dominance. That’s all created an unspoken urgency surrounding which vision for American life and governance will carry the country into the 21st century.

This year, the “most important election of our lifetime” cliché… might actually be true.

“There’s a real chance that the next administration… will preside over the next major technological inflection point in human history,” said Samuel Hammond , senior economist at the Foundation for American Innovation. “The stakes behind the two candidates’ distinct visions of the future thus couldn’t be higher.”

So what do the two candidates really think about the human future? DFD went over each candidate’s record, and reached out to a handful of long-term tech thinkers across the political spectrum and asked them. Today’s newsletter will focus on Donald Trump, and tomorrow’s on Kamala Harris.

Trump’s initial brand as a politician was focused more on the past — reviving post-World War II manufacturing culture and traditional values, with the goal of bringing back a notional lost era of American greatness.

This time, things are slightly different. When it comes to the former president (and Elon Musk bestie ), a future comes into focus marked by Trump’s boldfaced, gold-plated aspirations to be the biggest and the best — and a considerable amount of laissez-faire elbow room for the tech industry to achieve those aspirations as they see fit.

“Trump has very clearly signaled that he views the tech industry as an important national asset he intends to defend,” said venture capitalist Mike Solana, whose libertarian-leaning Pirate Wires media outlet regularly tweaks the tech industry’s critics and regulators.

“Trump represents a more pro-American industry, low-key mercantilist future, while Kamala will likely not focus on tech very much at all, which means our largest companies will be picked apart, both abroad and here at home via [Federal Trade Commission Chair Lina] Khan or someone like her,” Solana continued.

A fear of Washington overreach has driven some of the tech industry into Trump’s camp — whether in the form of Khan’s sweeping, neo-Brandesian antitrust enforcement efforts, the values-laden safety commitments in President Joe Biden’s executive order on AI, or perceived overweening bills like California’s recently vetoed AI legislation. (Trump has duly pledged to repeal said AI executive order.)

Somewhat curiously for a candidate whose taste in music, food and fashion are all decidedly stuck in the 1970s, Trump now regularly articulates an affirmative vision for the future. Trump is a vocal advocate for space exploration, having during his presidency re-established the National Space Council and launched the Space Force, and more recently having effused on the campaign trail about his ally Musk’s Starship reusable rocket.

His administration got the ball rolling on AI policy long before the layperson knew what a “GPT” was, and he signed the National Quantum Initiative into law in the last days of his Republican-controlled Congress. He even has his own crypto token.

To be sure, American research leadership and generic promises of “progress” are among the very few bipartisan issues left in Washington — see the CHIPS and Science Act signed into law by Biden. But Trump’s desire to reclaim a lost American greatness paradoxically translates into a clear and consistent enthusiasm for American technological innovation.

“Trump’s nostalgia for the America that put a man on the moon seems to manifest in a paradoxically retro-futuristic orientation,” said FAI’s Hammond, citing his administration’s enthusiasm for reviving supersonic flight.

That vision of a shiny, golden future for American tech and progress could encounter a speed bump, however, when it comes to exactly how it might be achieved. For all his rhetoric about using government proactively, Trump largely pursued standard Republican deregulatory policy during his first term as president. That could put him at odds with a newer school of progress-oriented thinkers who argue that warts and all, government has a major role to play (one that includes spending money) in driving technological progress.

“This election is about different visions of state capacity,” said Peter Leyden, founder of the strategic foresight firm Reinvent Futures and former editor at Wired. “There’s a more vigorous, muscular kind of state involvement in the economy and around technology, and then a stripped-down Wild West regulation landscape and much weaker state capacity,” he added.

A second Trump administration, then, will almost certainly feature more high-profile futurist promises like his 2019 vow to reach Mars “very soon.” But how those promises are fulfilled would likely be left to favorites in industry like Musk. That means that to consider the future Trump is promising for America, one might just as well consider the one being promised by his growing fan club in Silicon Valley.

 

A message from G42:

AI sovereignty is emerging as a priority for nations, extending data protection principles to AI development. POLITICO Research & Analysis Division’s new report, presented by G42, explores how countries navigate this evolving landscape, balancing innovation with national laws, to maintain control over AI technologies and ensure alignment with local priorities.

 
sullivan's victory lap

National Security Advisor Jake Sullivan established a new NSC position, coordinator for democracy and human rights.

National security adviser Jake Sullivan. | Susan Walsh/AP Photo

National security adviser Jake Sullivan said today that Congress isn’t doing enough when it comes to funding American research and innovation.

POLITICO’s Phelim Kine reported for Pro subscribers on Sullivan’s comments at a Brookings Institution event, where he knocked lawmakers for not having “appropriated the 'science' part of CHIPS and Science, even while the [People’s Republic of China] is increasing its science and technology budget by 10 percent year on year.”

He boasted of the Biden administration’s achievements on semiconductor manufacturing, saying “America’s on track to have five leading edge logic and memory chip manufacturers operating at scale … and we're finalizing as I speak to ensure that the physical infrastructure needed to train the next generation of AI models is built right here in the United States.”

Phelim writes that while Sullivan didn’t mention Vice President Kamala Harris in his remarks, the timing is a “tacit nod” to her role in checking Beijing while building up America’s industrial capacity.

 

A message from G42:

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credits for solar

Solar panel chipmakers scored a new win under the CHIPS and Science Act.

POLITICO’s Kelsey Tamborrino reported for Pro subscribers on new rules finalized Tuesday by the Treasury Department, which will allow domestic manufacturers of chips used in solar panels to receive an investment tax credit.

National Economic Advisor Lael Brainard said in a statement the move would provide “critical certainty for semiconductor and solar manufacturers to make generational investments in communities across the country.” Treasury credited the move "to specific supply chain and national security considerations regarding the production of solar wafers not present in the case of other related products."

Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, said that the U.S. simply doesn’t have the domestic capacity yet to meet demand, but that the credit will help: “Supply chain accessibility and security remains one of our biggest challenges in the U.S. solar and storage industry," she told Kelsey. "While the United States is a global leader in module manufacturing, we don’t have any ingot and wafer facilities in operation yet, representing a critical gap in the solar supply chain."

 

A message from G42:

"Sovereign AI Ecosystems: Navigating Global AI Infrastructure and Data Governance " – POLITICO Research & Analysis Division’s latest report, presented by G42, takes an in-depth look at how sovereign AI ecosystems are being shaped by global regulations like the GDPR and the CLOUD Act. As countries develop their own rules to maintain data sovereignty and security, the report examines the different ways they manage data within their borders and its impact on AI infrastructure. It explores key themes such as privacy, protectionism, and efficiency, outlining the strategies that guide the development of sovereign AI. The report also looks at the challenges and opportunities in aligning data governance standards across countries, highlighting the importance of global cooperation to create AI systems that are secure, reliable, and aligned with local and international needs. Discover these important insights and more in our comprehensive analysis.

 
TWEET OF THE DAY

jeff thinks the beans have to take turns lmao

The Future in 5 links

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