The problem is that they are far too incompetent and have zero clue about tech, and only understand real estate, that simplest of business that can be executed with mere lizard-brain intelligence.

Tech is also about small startups disrupting large giants, which is completely antithetical to current Republican leadership ideals, where the wealthiest get all gains, regardless of who does the work.

It will take many years of full-on Democratic leadership to reconfigure the Republican Party back to a somewhat innovation-friendly business party. Meanwhile the Democrats, under Biden, were by far some of the most business-friendly politicians we have seen in perhaps a century, spurring massive investment in factories and industry, mostly across red states. But because it's a politically incorrect fact, it never gets reported.

This neat little dichotomy between "free market capitalism" and "centrally planned socialism" is a cute story but also complete fiction. In "capitalist" countries the government basically always runs R&D during any period of time when the stakes are high, and in "communist" countries there are always markets, and they are always sanctioned to some degree.

All of the foundational progress for American leadership in high technology was centrally planned and administered, all of it one way or another: through ATT, through NASA, through the DoD, through the universities. Value creation occurs under the watchful eye of the DoD.

Once in a while we go on an orgy of extractive wealth transfer like now, instead of creative innovation like usually, and the top industry guys always fuck it up. And on cue, yeah this is going great.