Monday, July 22, 2024

Replacing Biden could change the way big tech is regulated

Potential Impact of Biden Replacement on Tech Policy: A Look at Harris’ Approach

President Joe Biden’s commitment to staying in the presidential race despite questions about his fitness to serve could have significant implications for tech regulation, should he step down. With names like Vice President Kamala Harris and California Governor Gavin Newsom being floated as potential replacements, the approach to regulating big tech companies could shift.

Harris, as a top contender for a replacement, has shown support for Biden’s initiatives on semiconductor manufacturing, clean energy, and artificial intelligence. However, her history of receiving backing from big tech companies during her time as California’s attorney general raises questions about her regulatory approach to the industry.

Biden’s administration has taken strong stances against big tech companies, with legal actions being taken by federal agencies like the Department of Justice and the Federal Trade Commission. Biden has been tough on tech regulation, appointing individuals like FTC Chair Lina Khan, who have initiated cases against companies like Amazon.

Despite Harris’s ties to Silicon Valley, experts believe there may not be much difference between her and Biden on U.S. tech policy. Both have shown alignment on issues like AI and technology innovation for the economy. However, the question remains whether Harris would continue a friendly approach to big tech or strengthen regulatory oversight if she were to become president.

The potential shift in leadership highlights the importance of understanding where key figures stand on tech regulation and competition policy, as these decisions could have lasting impacts on the industry.

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