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What Does A Donald Trump Presidency Mean to Tech World?

What Does A Donald Trump Presidency Mean to Tech World?

An era of a tech geek (Mr. Barack Obama) as an American president is over!

Now, we have our 45th president right here! Mr. Trump is one of the high profile businessmen from the U.S.A.

Recently, we all witnessed the inauguration of Donald Trump as a president of the United States of America. Victory of Trump was one of the great upsets in the political history of the U.S., as it was quite unexpected for most of us. But, the fact is now he is our new president.

During his election rally, campaigns, and debate, Trump won the heart of Americans with several realistic and unrealistic statements related to the betterment of American people, professionals, and economy. He revealed his agenda for different sectors such as energy, manufacturing, IT, healthcare, etc. to boost the U.S. economy.

Let’s discuss how IT will get affected under a Trump presidency. Have profound insights on the various actions he announced to improve information technology domain of America. Understand the negative and positive impacts of his efforts on the entire industry and market leaders.

Net Neutrality

In simple words, Net Neutrality facilitates every internet user with equal rights to access the internet data. Each user should receive the same content and speed while accessing the internet.

To support this concept, FCC (Federal Communication Commission) has passed a few new regulations in 2015. According to the new rules, the FCC has banned the slow lanes on the internet. The motive behind this decision was to protect the privacy of internet subscribers and penalize the slow internet service providers by charging a good amount as fines.

In 2014, during a debate related to recreating the regulations for net neutrality, he expressed,

“Obama's attack on the internet is another top down power grab. Net neutrality is the Fairness Doctrine. Will target conservative media.” on Twitter.

It seems like he is not clear about the difference between Net Neutrality and Fairness Doctrines as he is comparing both the terms. Mr. Trump suggests that net neutrality is about liberal versus conservative viewpoints rather than about a level playing field for how users access the data.

User Privacy and Encryption

In the case of San Bernardino attack, the FBI (Federal Bureau of Investigation) ordered Apple to loosen their encryption on the iPhone that helps them in an investigation of identifying the shooters. However, Apple denied to weaken the privacy of the users. The majority of tech community supported Apple’s action as the company was more concerned about user’s privacy.

But President Trump was not happy with Apple’s action. During his rally in South Carolina, he said,

“Boycott Apple until such time as they give that information.”

“What I think you ought to do is boycott Apple until they give that security number. I just thought of that—boycott Apple.”

During his interview with Bloomberg, he expressed,

“I would come down so hard on him (Tim Cook, Apple CEO)—you have no idea—his head would be spinning all of the way back to Silicon Valley.”

It seems like, Mr. Trump emphasis on the access of users private data in case of an emergency. It can be fair if users do not have any objection. Well, tech people are not in support to play with user’s privacy and trust.

Foreign Talent Immigration

Trump has openly admitted that he is against the immigration, especially illegal immigration of H- 1B visa holders. However, he announced to increase the wages for legal H- 1B visa holders. So, American companies cannot hire skilled resources who are migrated from other countries at the cheaper rate. Businesses will turn towards hiring the Americans only as immigrated workforce will be expensive.

In the CNN Republican debate, he said,

“I know the H-1B very well. And it's something that I, frankly, use, and I shouldn't be allowed to use it. We shouldn't have it. Very, very bad for workers. And second of all, I think it's very important to say, well, I'm a businessman and I have to do what I have to do. When it's sitting there waiting for you, but it's very bad. It's very bad for business in terms of — and it's very bad for our workers and it's unfair for our workers. And we should end it.”

However, he supports immigration of the people who are willing to migrate to the U.S. for study purpose.

Cyberwar

One of the immensely growing issues around the globe. Trump has shown his interest to work out to increase cyber security of the United States. He commits to plan out effective policies to handle the critical and powerful cyber attacks from Russia, China, and stateless hacking groups.

In the presidential debate of 2016, he told

“It is a huge problem. I have a son - he's 10 years old. He has computers. He is so good with these computers. It's unbelievable. The security aspect of cyber is very, very tough. And maybe, it's hardly doable. But I will say, we are not doing the job we should be doing. But that's true throughout our whole governmental society. We have so many things that we have to do better. And certainly cyber is one of them.”

Right now Mr. Trump doesn’t have clear strategies to prevent the cyber attacks, but he is quite committed to improve cyber capabilities of the U.S. On his campaign website, he said his administration would immediately review all cyber vulnerabilities and defenses of across the country and resolve them in best possible ways.

Tax

The most exciting part of American businesses. Trump declared to reduce the tax rate from 35% to 15%. It helps the U.S.A. businesses in the financial upliftment and bring the jobs back to the country. According to Trump’s policy, he will,

“Eliminate special interest loopholes, make our business tax rate more competitive to keep jobs in America, create new opportunities and revitalize our economy.”

Lower corporate tax rates motivate companies to invest their money in United States. Trump is planning to increase the tax on the import of goods. So, the product that imported from other countries will be available at higher prices and people will be inspired to buy American products due to affordability.

Trump is not a technology geek and on the other hand, he didn’t clarify his tech agendas. So, leaders are worried about the upcoming time of information technology. But we never know the future. Maybe the result of Trump’s actions can be much more positive than we have expected. Ultimately, his purpose is the improve the life of native Americans and economy of America.

The Trump’s presidency is officially started from 20th January, 2017 with his inauguration. We are waiting to see the final results after the implementation of the above steps. Stay tuned with Intuz, a premier mobile app development service provider, to analyze the overall effect of a Trump presidency on the tech industry. After a few months, when Mr. Trump and his administration team will be in a fully functional mode for the upliftment of America, we will track the progress of the U.S.A. technology industry.