Could Techno-Optimism Sway the Election?

The rapidly growing movement promotes “dangerous” politics according to Allison Byers.

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The Story: The techno-optimists and their philosophy of innovation at all costs is gaining political traction in America.

This group of tech influencers is mostly made up of affluent, white, middle-aged men, whose names and faces are swiftly gaining influence. Among the most recognizable are Marc Andreessen, David Sacks, and Elon Musk.

Utilizing social media, podcasts, journalism projects, and political contributions, they've transformed a major social media platform (X), boosted a prominent third-party candidate in the presidential election (RFK Jr.), and established a robust podcast network. Several of them have even appeared on the Joe Rogan Podcast, collectively garnering tens of millions of views.

Although the techno-optimists lack a formal political party structure, they share a philosophy that emphasizes free speech, support for artificial intelligence, and skepticism of mainstream media, DEI, and political correctness.

This group of men are not just outspoken about their political views—they have started to put their money where their mouth is. Hedge fund manager Bill Ackman and a16z’s Ben Horowitz are now financially supporting political candidates who align with their tech-focused vision.

Ackman pledged $1 million to back Minnesota’s Rep. Dean Phillips, while Horowitz announced in a December blog post that partners from his firm now plan to fund political candidates who align with their views on supporting technology advancement.

While the impact of the techno-optimist movement on election votes is uncertain, its growing following warrants attention.

Expert Take: Allison Byers is founder & CEO of Scroobious, a video pitch platform for diverse founders to be discovered by and connected to angels, VCs, and corporate investors. She considers herself a “techno-optimist,” but does not align with the “extreme” ends of the philosophy.

“When we talk about techno-optimist, we are looking at a spectrum,” says Byers. “There are plenty of people who are optimistic about technology and also act to understand the potential risks and ethical concerns as an equal part of that optimism.” Byers says she falls under that camp, and believes that “a lot of people would” fall under it too.

Byers is concerned with the direction the techno-optimist philosophy is going. “Where techno-optimism can become dangerous is when it takes on a political or religious-like tone. For instance, if you read Marc Andreessen’s ‘Techno-Optimist Manifesto,’ it really feeds into an emotional reaction and fear-mongering.” Byers mentions Andreessen’s statements that say, “We are being lied to.” She wonders who Andreessen is referring to: “Who is lying to who?”

Although the techno-optimists have not yet formed a formal political party, Byers thinks the tech elites have the influence to sway an American election with their tens of millions of listeners and followers on podcasts and social media.

But she doesn’t trust their motives, believing their ostentation of good intentions are betrayed by their track records of investments. Byers says, “If you read or listen to techno-optimists that are on this more extreme end, or the very high net worth individuals, politically powerful, the large fund managers, they emphasize the power of innovation and technological progress to address global issues—poverty, disease, climate. But, if you look at their investing patterns, they haven’t changed. They are still putting 98% of their dollars, if they are venture capitalists, to men. And 99.5% of dollars to white founders. This is in 2023.”

Bari Weiss, founder of The Free Press, recently wrote an anti-DEI manifesto that aligns with the techno-optimist philosophy. “It is time to end DEI for good,” she writes. “No more standing by as people are encouraged to segregate themselves. No more forced declarations that you will prioritize identity over excellence. No more compelled speech. No more going along with little lies for the sake of being polite.”

Byers doesn’t buy it. She believes that DEI initiatives do not stand in the way of technological progress, but actually promote it. “This core belief from techno-optimists that technology will save our society, and we must pursue it at all costs if we want to grow… well research has repeatedly shown that a diverse team is more productive than a homogeneous team.

Byers continues, “And so when you listen to that type of rhetoric and you see these campaigns against DEI or diversity, it’s a paradox. Fighting for technological advancement while simultaneously fighting to stifle diversity in tech are mutually exclusive.

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