On Thursday, President Donald Trump hosted a dinner with executives from five of the six largest multinational technology companies in the U.S., where he pledged to facilitate their business operations and received fervent praise for his pro-business stance. Executives expressed gratitude for Trump’s leadership, emphasizing the benefits of his administration for innovation and economic growth, despite the contrasting backdrop of armed soldiers outside the White House amid his efforts to consolidate power.
The attendees included prominent CEOs from Microsoft, Apple, Alphabet (Google), Amazon, and Meta, all companies whose market capitalizations exceed the GDP of most nations. Trump’s support is viewed as aligning with the interests of the financial oligarchy, while critics highlight the potential societal impact, like job losses due to the integration of artificial intelligence.
The dinner coincided with a favorable court ruling for Google and Apple in an antitrust case, further solidifying their market dominance. Since 2012, the combined market capitalization of major tech firms has skyrocketed over 15-fold, reflecting a significant trend toward increasing corporate power and wealth concentration. The article critiques the dynamic between the Trump administration and tech oligarchs, suggesting it underscores a broader trend of economic inequality and the prioritization of corporate interests over workers’ rights.
