Technology entrepreneurs are well-known for high risk tolerance, defying status quo thinking, and ignoring obsolete regulations. With political realities quickly changing the talent landscape on which internet fortunes are built, tech leaders need to do what they do best: adapt and innovate.
Competitive advantage will still rely on attracting the best, but Investors and leaders also need to think about how to cultivate the skilled talent they need here in the US. I'm optimistic that Silicon Valley companies will quickly see how a new political environment can still accommodate their business priorities, progressive ethos, and disruptive advantages.
That will win them a seat at the table while protecting their interests.
Silicon Valley has to be realistic. “There are going to be grudges that will be held for a very long time,” said Larry Irving, formerly vice president of global government affairs for Hewlett-Packard and now a telecommunications and information technology consultant. Tech needs a new social compact. It should be less about delivering value to shareholders and more about delivering the benefits of tech — jobs, retraining, education — to a larger swath of Americans. That’s how Silicon Valley can get a seat at the Trump table and still be true to itself.