Ep.111: Trump, The Tech Coup, and the EU

EU Scream

Big Tech bosses. Their immensely profitable corporations. And the fabulously wealthy venture capitalists who fund them. They are gaining power over the destinies of nations. Yet they also contribute to injustice and inequality, even in areas like Silicon Valley that are typically celebrated for generating wealth and innovation. The Valley's crumbling infrastructure and its stark disparities form part of The Tech Coup, a new book by Marietje Schaake, a former member of the European Parliament for the liberal Dutch D66 party. Since leaving the Parliament in 2019, Marietje has spent considerable time at the Cyber Policy Center and the Institute for Human-Centered Artificial Intelligence at Stanford University in the heart of Silicon Valley. Her book is packed with concrete and compelling examples of how the tech industry, in its quest for power and profit, undermines democracy, civil liberties, the environment, and even national security. But the book is not a counsel of despair. Marietje lays out proposals such as revamping public procurement, banning rogue cryptocurrencies, and trialling Artificial Intelligence models before letting them loose on the public. To be sure, the new transatlantic era complicates the challenges posed by the Tech Coup. Donald Trump and Vice President-Elect JD Vance ran campaigns funded by tech magnates who will want to leverage US power to resist unfavourable regulations, including those from the EU. But Marietje says there's still time to develop alternative technology models that uphold liberal democratic values and that avoid capitulating to Silicon Valley — and to its mythologisers.
Marietje Schaake serves as one of four chairs leading the development of the first Code of Practice for the European Union's A.I. Act and is a senior fellow at the Centre for Future Generations, which partnered with EU Scream in producing this episode.

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