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Why the Tech Right Lost Big This Week

Nov 6, 2026 · 1h 8m

Summary

Hosts Max Reed, Aaron Griffith, and Ezra Klein analyze the midterm election results as a significant backlash against the "tech right" and Silicon Valley billionaires. The episode explores how anti-AI sentiment, opposition to data center construction, and anti-oligarchy views drove Democratic gains, particularly in states like Texas and Ohio. The guests discuss the political fallout for figures like Elon Musk and Vivek Ramaswamy, questioning whether this marks a permanent shift in public opinion or a temporary correction to the industry's aggressive expansion.

Topics discussed

Introduction: Midterms and the Tech Right The Tech Right's alignment with Trump and AI backlash Why tech leaders supported Trump and the 'let it rip' strategy Anti-AI sentiment and John Ossoff's victory speech Data center opposition and local referendums AI industry insiders' views on regulation and risk Election results in key data center states Investor reactions and market implications Elon Musk's counterproductive spending and anti-billionaire sentiment The failure of California's wealth tax proposal Vivek Ramaswamy's loss and the fragility of the Tech Right Reid Hoffman's victory lap and shifting tech politics The lack of a positive politics for technology New segment: Pacing the Frontier Google cutting off AI search for schools Bipartisan energy permitting reform bill Prediction markets and election accuracy Winners and losers: Top tech donors in the midterms Reid Hoffman and Sergey Brin's successful spending Crypto industry's mixed results and political strategy AI industry donors and the 'Leading the Future' PAC Elon Musk's failed Texas strategy and political isolation Future political engagement and dark money trends
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