This year’s US Presidential Election is likely to be the most political charged in recent memory.
The stage has been set for an epic showdown with Donald Trump’s stunning defeat in 2020, and Kamala’s historic campaign.
This election is a battle for the future of America’s technology and energy.
Trump’s financial support comes from Big Oil while Harris gets it from Big Tech. This creates a clear divide between the candidates in terms of their ideological and financial backing.
Big Tech rallys around Harris
The technology industry has been a major supporter of Kamala Harris’s campaign.
Harris is the candidate of choice for many leaders in the tech industry. She advocates for renewable energy and progressive policies as well as a digital-first future.
Reed Hastings (co-founder of Netflix) and Melinda Gates have made substantial contributions and high-profile endorsements.
Harris is a candidate who has deep connections to Silicon Valley, and with her agenda of policy that resonates well within the tech industry. She’s the ideal choice for the White House.
Jeffrey Sonnenfeld of Yale School of Management highlights Harris’s collaborative approach. “When she was trying to solve problems she would bring together social activists, experts in public policy, and businessmen on common forums.
“She felt that we needed to have everyone at the table, so they could understand what was going on. Tech leaders are fond of this kind of discussion.”
Harris’s involvement with the technology industry was evident in the high-profile event she hosted last year on Capitol Hill with CEOs from OpenAI, Google and Microsoft as well as Anthropic.
Agenda focused on addressing AI safety concerns and improving transparency between technology giants and government.
Harris’s proactive approach to AI regulation has been deemed beneficial by tech companies as they navigate the changing landscape of digital governance.
Big Oil Backs Trump
Donald Trump, on the other hand, has received overwhelming support from oil and gas companies.
OpenSecrets filings from the Federal Election Commission and OpenSecrets show that Trump’s oil industry has donated $7.3M to his campaign.
Trump’s policies on energy, which favor traditional sources of energy and economic growth align with Big Oil.
Dan Eberhart is a Trump supporter who encapsulates this sentiment. “Trump’s ‘drill, baby, drill’ philosophy aligns better with oil patch than Biden’s green energy approach.” “It’s an obvious choice.”
Questions arise regarding the possibility of biased policies in favor of the oil industry, if Trump were to be elected.
The Washington Post cites sources that reveal Trump’s pledge to remove the export ban for liquefied natural gas and open the door to more drilling during his first days as president.
Trump also hinted that he would offer a $1 billion “drop in a bucket” reward to his campaign in return for proposals that are friendly to the oil industry, cementing further his close relationship with Big Oil.
Expected to increase in Polarization
The polarization of the oil and tech sectors will intensify as the date for the elections approaches.
This stark difference in support shows the different paths that each candidate has for America’s future.
Harris’s popularity in the tech sector reflects its desire for innovative policies, renewable energies, and progressive thinking.
The oil industry’s backing of Trump, on the other hand, shows a strong commitment to energy and economic growth using traditional sources.
The outcome of the election has significant consequences for both sectors. The outcome of this election will ultimately have significant implications for both industries.
The post Trump vs Harris – A Battle between Big Oil and Big Tech might be updated as new information becomes available
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