Keep pulling the thread on Jon Askonas.
A substantial portion of the tech elite defected from the Democratic party in the 2024 election.
The Biden administration's anti-crypto policies, influenced by figures like Senator Elizabeth Warren, made it impossible for crypto companies to operate and created an existential threat to the industry.
Silicon Valley has been pivoting away from B2B and consumer SaaS towards sectors like AI and hard tech, where interests conflict more starkly with the Democratic Party coalition.
AI companies require the construction of new energy plants to power their data centers, creating a conflict with Democratic constituencies that want to make building such infrastructure more expensive or impossible.
The new right-wing political coalition is comprised of three main pillars: the "tech right," the "MAGA" movement, and the "Maha" (Make America Healthy Again) movement.
A significant fault line in the new right coalition is immigration, where the tech right's desire for global talent conflicts with the MAGA movement's opposition.
Tens of millions of Americans own or use cryptocurrency, creating a distributed political constituency that was a sleeper issue in the 2024 election.
The Department of Government Efficiency (DOGE) has achieved success by taking control of the digital infrastructure of government agencies, such as email and credentialing systems, to bypass bureaucratic resistance.
The Department of Government Efficiency (DOGE) is using AI as a new capability to sift through government data to find and publicize instances of waste, fraud, and abuse.
The political objective of the "protocol elite of code" is to use digital automation and AI agents to replace human bureaucracy within government.
The political allegiance of Fortune 500 CEOs, who were a core part of the Republican Party in the 1980s, is now much more contested.
A majority of venture capitalists are likely still Democrats, despite a recent political realignment in the tech industry.