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> why would a tech oligarch support someone that is advocating limiting tech? Regulatory capture. The last thing they want is a new generation of hungry young
by marcuskane2 2y ago
> why would a tech oligarch support someone that is advocating limiting tech?
Regulatory capture. The last thing they want is a new generation of hungry young entrepreneurs disrupting their businesses and displacing them from positions of power.
The key to maintaining power is to work closely with politicians to make sure that the regulations increase the protective moat around your business.