Reid Hoffman, co-founder of LinkedIn and Inflection AI, expressed mixed expectations for the incoming Trump administration in a Financial Times opinion piece. While he hopes Trump could foster greater competition and innovation in the tech industry, Hoffman raised concerns about the potential for favoritism benefiting certain individuals and companies. He pointed to Elon Musk, CEO of Tesla, SpaceX, and xAI, as someone who might gain from Trump's presidency due to his extensive involvement across various tech sectors. Musk, along with Vivek Ramaswamy, is also set to lead the newly planned Department of Government Efficiency (DOGE), an advisory commission under the administration. Hoffman warns that favoritism could undermine American innovation. Continue here.
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