Photo taken by Julia Demaree Nikhinson | Credit: AP News
Following former President Biden’s warning of the rise of the tech billionaire oligarchy in his farewell speech, the second inauguration of President Trump confirmed the reality that the wealthy tech elite hold immense power over US politics. While the ultra-wealthy have long held significant influence in the political sphere, the blatant display of President Trump’s priorities was rather jarring.
Traditionally, the seats closest to the president are held for guests of honor or family of the president. This year, the prestigious spots were taken by an impressive lineup of CEOs, including Meta CEO Mark Zuckerberg, Amazon CEO Jeff Bezos, Google CEO Sundar Pichai, and of course, SpaceX and Tesla CEO Elon Musk.
Trump’s administration is clearly operating under a “pay to win” ideology. Meta, Google, Microsoft, OpenAI and Amazon all donated $1 million each to the inauguration fund. Elon Musk spent $277 million backing the campaigns of Trump and other Republicans. As the world’s wealthiest man, and the newly announced head of the Department of Government Efficiency (DOGE), Musk’s investment into the Trump administration lacks any subtlety.
In the flurry of executive orders signed by Trump and other actions taken in his first few days back in office, a notable and unsurprising pattern has emerged across the various policy decisions: profit for corporations over the public interest.
With a whole slew of actions taken since his inauguration as evidence of his willingness to cater to corporations, it’s clear that the entanglement of Trump and the tech industry is one of the most prominent relationships setting the tone for the next four years. The ordeal regarding the TikTok ban, which was upheld by the Supreme Court and later paused by Trump’s executive order, seems to be a political theatre-esque ploy to gain support from younger generations by painting Trump as the savior of TikTok. When users were kicked off during the app’s blackout, they were met with a message of hope in President Trump: “A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can't use TikTok for now. We are fortunate that President Trump has indicated that he will work with us on a solution to reinstate TikTok once he takes office.” After TikTok was put back online for US servers, users were then greeted with another Trump-praising pop-up message, “As a result of President Trump's efforts, TikTok is back in the U.S.”
Post-blackout, some users suspect that TikTok’s algorithm has undergone changes in favor of pro-Trump content. While data privacy is problematic and serves as a valid source of scrutiny against TikTok, a digital platform independent of and decentralized from the US government presents the ability to share unsuppressed criticism of US politics and the dissemination of a vast variety of political perspectives outside the mainstream media. Without space to explore an assortment of viewpoints and interact with diverse creators, unregulated or intentionally structured algorithms can promote biased content, push political narratives and agendas, and garner massive support from unparalleled exposure.
It seems TikTok has now conformed to the practice of flattering Trump in pursuit of its own self-interest, mirroring the rest of the social media and tech industry. With the fall of fact-checking and content moderation on Meta platforms, Twitter’s backslide into chaos under Musk, coupled with TikTok’s newfound affinity for President Trump, he has arguably monopolized influence over social media. While there are alternative platforms emerging, such as Bluesky, Twitter’s biggest counterpart and competitor, they lack the seniority and social establishment that Meta platforms hold from years of user engagement. Exemplifying the networking effect, the value of Twitter currently still outweighs that of Bluesky, as the majority of users have yet to migrate from Twitter to competitors. However, Bluesky did recently hit 27 million users, and Twitter is indeed experiencing a mass exodus— so perhaps the tide will turn as word of the Twitter alternative spreads.
The rich have pulled strings behind politics for decades, but the nature and unique power held by social media giants is cause for major concern. Controlling the narrative on political topics and suppressing opposing viewpoints can manipulate users to shift their opinions or prohibit them from discovering new ones. The power of the algorithm is the supreme influence over what content people are exposed to; by pushing individually specified content, the potential for creating echo chambers is quite high.
In response to the immense power Big Tech holds over US political processes, tech reform advocacy organizations have called for concrete policy solutions, in particular updating “the law that created the internet”: Section 230. Enacted by Congress in 1996, it protects social media and tech companies from being held liable for user posts on their platforms, while simultaneously giving them free reign over their content moderation. Initially intended to protect platforms and websites from legal risk by allowing them to host user forums and discussions without fear of liability, Section 230 gives far too much unregulated power to platforms acting out of political interest and profit. A high standard of regulation, fact-checking, and transparency is necessary to mitigate rampant political corruption. The rise of Big Tech’s influence in US politics cannot be ignored, and must be addressed as soon as possible.