> Silicon Valley is now arguably bigger force than Wall Street on US politics.
There's no argument there. The banks and military industrial complex have drastically more influence and power than Silicon Valley, despite SV closing that gap over time.
All politicians, with few exceptions, bow to the feet of the military industrial complex. They all get in line. That's slightly less true for Wall Street, however only slightly.
Every aspect of the US Government is dependent on the Federal Reserve and US banking system, without exception. Silicon Valley companies come and go over the decades, they rise and fall. JP Morgan predates the Fed and has been critical to the US Government for over a century.
Google is a Walmart or the former GM, as far as the politicians in DC are concerned. Powerful, rich, influential, and still not a first tier power in DC. It never can be.
Military, weapons, currency, financing. That's the source of real power, all of DC knows it. Everything else is just a play thing of the moment, inevitably replaced by a new shiny play thing in the next decade or two. Long after Google is gone, banking and military will still be around.
That's the impression, sure. But soon, Tech companies could become darlings. Think about it: the government works in close cooperation with banks to catch money laundering.
It's not too far fetched to say the government works in close cooperation with Google to catch ...?
Some rich people serve as target for being hostage as opposed to exerting influence. I have to wonder how many politicians are holding guns to Google and FB for serving them information+money in exchange for not striking anti-trust or other legislative hammers.
They don't hold the world's information. They are an advertising company with a search engine for public websites, which are all hosted outside of Google.
There's no argument there. The banks and military industrial complex have drastically more influence and power than Silicon Valley, despite SV closing that gap over time.
All politicians, with few exceptions, bow to the feet of the military industrial complex. They all get in line. That's slightly less true for Wall Street, however only slightly.
Every aspect of the US Government is dependent on the Federal Reserve and US banking system, without exception. Silicon Valley companies come and go over the decades, they rise and fall. JP Morgan predates the Fed and has been critical to the US Government for over a century.
Google is a Walmart or the former GM, as far as the politicians in DC are concerned. Powerful, rich, influential, and still not a first tier power in DC. It never can be.
Military, weapons, currency, financing. That's the source of real power, all of DC knows it. Everything else is just a play thing of the moment, inevitably replaced by a new shiny play thing in the next decade or two. Long after Google is gone, banking and military will still be around.