The Washington Post published an interesting op-ed
by Katherine Boyle, a VC at General Catalyst, that argues power is ebbing away from Washington DC to Silicon Valley. A lot of tech people make this argument these days, and not just in the US, but even if Silicon Valley is in the ascendant, the government counter-revolution will not be painless for the tech world.
This is going to be a key theme of the next decade: nation states using their international clout to shape or cripple technology standards as a tool of both intra- and international competition. Henry Farrell, in a long but superb overview
, calls it “weaponising interdependence”. Expect this to intensify.