FinTech Silicon Valley Jobs

4 surprising ways Biden’s election could transform Silicon Valley: A divided government likely benefits the tech industry, but it’s not all good news Silicon Valley’s future under a Biden administration

As the election dust settles, it seems safe to assume that Joe Biden will be the next President of the United States. And while control of the Senate likely won’t be decided until the outcome of two runoffs elections in early January, odds are that the Republicans maintain their majority, leaving us with a divided Congress.

For Silicon Valley, that’s both good news and bad. It’s good because a fully Democratic Congress would have seriously debated, and maybe passed, a slew of measures designed to rein in the technology industry, ranging from antitrust to privacy to worker classification. Now, the tech giants can probably avoid that bloodbath. But it’s also bad because many big ideas in tech can’t move forward without a regulatory framework, and the odds of the next Congress agreeing on anything significant are exceptionally low. That means that tech’s D.C. agenda should focus heavily on what can both be done—and stopped—within the Biden administration.

The removal of Donald Trump from the White House offers two key benefits to the entire tech industry: eliminating much of the volatility, uncertainty, and chaos that defined Washington and gripped the entire nation throughout Trump’s tenure; and reversing Trump’s staunch stance against immigration. The new administration will also have influence over other major areas of interest, like antitrust legislation and regulation of Section 230 of the Communications Decency Act, which currently immunizes websites from being sued for anything their users say. But while all eyes will be on the Biden administration’s approach to reining in Big Tech, there are a host of more subtle ways that Biden can influence the tech industry in the years to come.

  4. CRYPTOCURRENCY Read more via FastCompany

Pemo Theodore

Pemo Theodore is a Media Publisher and a great people connector. She was Founder Silicon Valley TV which has served the San Francisco Bay Area for 10 years! She has produced Silicon Valley Events for Investors & Startups for 10 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 6 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto and audio podcasts. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is audio & visual media and she has built up a great body of work of videos of panels & interviews and podcasts in Silicon Valley startup ecosystem. She has lived & worked in Canada, Australia, New Zealand, Ireland, London, Northern Ireland & Silicon Valley. Bio

Our Latest Podcasts

Listen on

Follow us on Twitter

Your Header Sidebar area is currently empty. Hurry up and add some widgets.