Photo via The Guardian

Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next? | Jonathan Liew

Read the original at The Guardian ↗
Cite

Liew, J. (2026, November 9). Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next? | Jonathan Liew. The Guardian. https://www.theguardian.com/commentisfree/2026/nov/09/elon-musk-tech-bros-donald-trump

Dated from the outlet's own feed. Check the original for its byline.

The Guardian · collected 2026-11-09 · by Jonathan Liew

Quick Summary

Jonathan Liew writes an opinion piece about how tech industry leaders like Elon Musk and Nvidia’s Jensen Huang supported former President Donald Trump's administration, believing it would help their business interests. At a White House luncheon, these executives envisioned an unregulated future for artificial intelligence under Trump’s leadership. However, after Trump’s significant loss in the recent midterm elections, voters rejected his policies along with those of pro-tech politicians, leading to a backlash against big tech and resulting in a stock market sell-off of technology companies.
Written by AI on 2026-11-09, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In September 2026, US President Donald Trump hosted a White House luncheon featuring some of the world's wealthiest tech executives, including Jensen Huang (Nvidia), Elon Musk (Tesla and SpaceX), and Mark Zuckerberg (Meta), to discuss artificial intelligence. During this period, these tech billionaires had easy access to the president, allowing them to promote an AI future with minimal regulation. However, after a Democratic sweep in the elections, these executives now face more challenging political dynamics as they navigate a new administration that may have different priorities and regulatory approaches towards technology companies.

Written for “Tech Billionaires Political Challenges” on 2026-11-09, grounded in this article and the 1 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Reading Leans strongly left (beta estimate) Confidence high
Leaning: leans strongly left for article 139087 (high confidence, 5 verified quotes) · logged 2026-11-09

Story

Tech Billionaires Political Challenges
Politics · 2 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads leans strongly left and hedges 9% of its claims. Each row says how that neighbour differs.
The Straits Times
Leans right further right than this Hedges 0 of 7 claims Outlet record 66/100
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
33
sentences that state something as happening or true
Uncertain
9%
3 of 33 hedged ("reportedly", "may", "according to")
Leaning
Leans strongly left
of the writing, not the subject · beta estimate
Publisher signals
65/100
The Guardian's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-09 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Guardian · 2218 article(s) · 7 correction(s) detected
Running correction rate · 7 correction(s)

Who wrote this

Jonathan Liew
1 article(s) here · 1 carrying a prediction
Over a delicious meal of microchips and rare-earth metals, the billionaires sketched out a utopian future of an AI industry unencumbered by regulation or safeguards, powered by their heroic strongman leader, a political genius effortlessly able to impose his will upon an entire nation.
The only article under this byline in the corpus.

Topics

American Nvidia Ohio Republican Texas

Subjects

American NORP · 1× Donald Trump PERSON · 1× Einsteins PERSON · 1× Elon Musk PERSON · 1× Gina Hinojosa PERSON · 1× Jensen Huang PERSON · 1× Leonardos PERSON · 1× Nvidia ORG · 1× Republican NORP · 1× Texas GPE · 1×

Narrative

For years, we have been told that these are some of humanity’s greatest seers and visionaries, the Leonardos and Einsteins of the 21st century, the people best placed to plot a course for our species, despite for the most part not being able to smile without looking as though they were undergoing a juice enema.
framing: assertive · carried by 1 article(s) · first seen 2026-11-09
Over a delicious meal of microchips and rare-earth metals, the billionaires sketched out a utopian future of an AI industry unencumbered by regulation or safeguards, powered by their heroic strongman leader, a political genius effortlessly able to impose his will upon an entire nation.

Claims (33 extracted, 3 hedged)

Photos That Precede Unfortunate Events: asserted
That → precede → Events
a couple of months back, Donald Trump hosted some of the world’s most powerful tech executives at the White House for a “Super Intelligence luncheon”, which by coincidence is also how my mum described her tuna sandwiches in a forlorn attempt to get me to eat them. asserted
me → host → them
Sitting either side of the president were Elon Musk, making a rare offline appearance in daylight hours, and Jensen Huang, the Nvidia chief executive carving out a precious slot in what we now know was an extremely busy schedule. asserted
we → sit → slot
Over a delicious meal of microchips and rare-earth metals, the billionaires sketched out a utopian future of an AI industry unencumbered by regulation or safeguards, powered by their heroic strongman leader, a political genius effortlessly able to impose his will upon an entire nation. asserted
billionaires → sketch → nation
And perhaps it should have been apparent even at the time that these (mostly) men were putting their faith in a guy who had recently been defeated by pond algae. asserted
who → put → algae
But as the drinks and the good times flowed, it was still possible to believe that the sun would never set on the thousand-year American superintelligence empire. asserted
sun → flow → empire
And so, while we’re all learning lessons from the resounding defeat delivered to Trumpism last week, might we start with a modest and sober reassessment of the Silicon Valley oligarch class? uncertain
we → learn → class
For years, we have been told that these are some of humanity’s greatest seers and visionaries, the Leonardos and Einsteins of the 21st century, the people best placed to plot a course for our species, despite for the most part not being able to smile without looking as though they were undergoing a juice enema. asserted
they → tell → enema
As it turned out, this small band of brilliant clairvoyants somehow failed to anticipate the possibility that the deeply unpopular man they were clasping in a tender embrace would be subjected to an absolute democracy-mogging in just a few weeks, throwing their altruistic wet dreams into chaos. asserted
they → turn → chaos
Across the US, voters took their revenge not just on big tech, but on the politicians who had enabled it. asserted
who → take → it
In Texas, Gina Hinojosa beat the Republican incumbent, Greg Abbott, by promising an immediate moratorium on datacentre development, and despite being outspent almost eight to one, in large part by big tech donors desperate to preserve their tax breaks. asserted
Hinojosa → beat → breaks
In Ohio, the Democratic challenger Sherrod Brown described his opponent, Jon Husted, as “the face of datacentres”, a visually horrifying concept. asserted
challenger → describe → datacentres
In total, 46 of the 47 ballot measures relating to datacentres were defeated. asserted
measures → relate → datacentres
By Thursday morning, the markets had responded with a devastating sell-off of tech stocks, the repercussions of which are still shaking out as you read this. asserted
you → respond → this
Should we read anything into the fact that the biggest progressive landslide in 52 years, catalysed by a concerted mobilisation of Black, Latino and young voters, was sufficient to send the financial markets into existential panic? asserted
landslide → read → panic
Is it relevant that the São Paulo stock exchange plunged about 14% after Lula da Silva’s shock election victory in Brazil last month? asserted
exchange → plunge → Brazil
Just what is it about the popular repudiation of hard-right autocrats that appears to spook the pillars of capitalism so much? asserted
that → appear → capitalism
For the time being, big tech does not appear to be as politically polarising in Britain as it is in the US. This is largely because much of the recent acceleration has occurred under a Labour administration, in particular under the late lamented Keir Starmer, a prime minister who in retrospect may actually have been a semi-sentient chatbot all along. uncertain
who → appear → retrospect
“We will test and understand AI before we regulate it,” Starmer once said, which he appears to have done by plugging it directly into his own mouth for two years. asserted
he → test → years
But this is an issue that will continue to rise in democratic salience, in part because it relies on the undemocratic manufacture of consent, an inexorable march deliberately designed to circumvent scrutiny. asserted
it → continue → scrutiny
A recent report by Spotlight on Corruption found that over two years, ministers met only two community groups and no environmental organisations while developing the policy, while at the same time ministers and senior civil servants were hired to 38 roles at AI companies. asserted
ministers → find → companies
Naturally, you are likely to hear very little opposition to any of this, either from the billionaire-owned press or the official opposition; indeed, Kemi Badenoch is perhaps the only major party leader you can imagine typing “what do I think of AI” into an AI prompt. asserted
I → hear → prompt
You will occasionally hear the assumption, made on both sides of the Atlantic and often on the flimsiest of evidence, that voters are increasingly fed up with democracy. asserted
voters → hear → democracy
But what if we’re getting this the wrong way round? asserted
we → get → this
What if, in fact, it is those who are supposed to be upholding democracy – the politicians and media and captains of industry, all slowly stewing in X-brained algorithmic talking points – who are beginning to tire of it? asserted
who → suppose → it
While Musk spends enormous chunks of his fortune trying (and failing) to tip the electoral scales in favour of the hard right, Reform UK rakes in £72m in donations from two cryptocurrency billionaires. asserted
UK → spend → billionaires
Bonus question: do we think the brave men and women out there on the tech frontier will respond to democratic setbacks by demanding more democratic accountability, or less? asserted
men → think → accountability
And, of course, in these febrile and fragile times you have to take your wins wherever you get them. asserted
you → have → them
But as any ChatGPT user will tell you, making bold claims on the basis of a bare minimum of data is always an exercise fraught with risk. uncertain
making → tell → risk
Saying no once will never be enough. asserted
Saying → say → no
In a note to investors last week, Goldman Sachs wrote: “We expect the datacentre issue to somewhat fade in importance and any moratoria on datacentre development to be short-lived.” asserted
moratoria → write → development
You can decide for yourself what it means by that. asserted
it → decide → that
On Tuesday 1 December 2026, join your favourite Guardian writers for an evening of candid conversations, witty remarks and surprises as we look back on the year-defining stories of 2026. asserted
we → join → 2026
Give feedback · no sign-in needed

No sign-in needed for now. Your note is sent without a name, so it cannot be answered.

History Support