On this historic inauguration day – that most of us thought we’d never see – I was invited by the BBC to opine on Trump’s likely impact on the economy, Silicon Valley tech in particular. My remit: to balance some of the pro-Trump hoopla from other guests, businessmen from the U.K. and U.S. who seem to believe that he will “make America (and the UK) great again” overnight. You can listen to the BBC podcast here. Our conversation starts at 20:50.
BBC’s Colletta Smith: Also joining us is Alison van Diggelen, a Silicon Valley journalist. Good morning Alison.
Alison van Diggelen: Good morning. Good to join you.
Colletta Smith: You’re in Silicon Valley where businesses have voiced quite a lot of concern about the incoming president. What are your feelings this morning, waking up in Silicon Valley ahead of what’s going to be such a momentous day?
Alison van Diggelen: It’s going to be a very historic day…But the fact is, over 140 tech leaders signed a letter saying Donald Trump is a danger to innovation* and as you know Silicon Valley is an innovation hub, it’s one of the engines of growth for the United States. So there’s a deep feeling of malaise and fear…but at the same time business leaders are pragmatic, they’ve accepted that he will be our president and there’s a “business as usual” mentality amidst that underlying feeling of fear and uncertainty.
*The exact words of the letter were: “Trump would be a disaster for innovation. His vision stands against the open exchange of ideas, free movement of people, and productive engagement with the outside world that is critical to our economy — and that provide the foundation for innovation and growth.”
We also discuss Trump’s protectionist, anti-science, anti-environment stance, the fears of a trade war; his cabinet picks and his potential negative impact on jobs, especially clean tech jobs.