Kamala Harris: Technology Policy and Innovation Outlook

Kamala Harris fosters collaboration in tech policy, prioritizing innovation and diverse voices for a united America.

### Kamala Harris: A Collaborative Approach to Technology and Innovation
* 🤝 The conversation highlights the Vice President's commitment to being **open and collaborative** with the technology industry, emphasizing the importance of **listening to the diverse voices** within the tech community.
* 📊 Bloomberg Intelligence indicates that a potential Trump presidency could **disrupt IRA incentives**, while Harris is seen as **maintaining the status quo**, raising questions about whether this constitutes **effective policy**.
* 🌱 In contrast to her opponent's plans to dismantle environmental agencies, Harris has actively supported climate tech, recognizing its **significance for economic growth and innovation**.
* 🤖 On the topic of artificial intelligence, she advocates for a **balanced approach to regulation** that fosters ethical practices without stifling competition, contrary to calls for **mass deregulation**.
* 🔄 The need for leadership changes in regulatory bodies like the FCC and FTC is acknowledged, with an emphasis on the **importance of adapting to new technologies like generative AI**.
* 🌟 Harris is portrayed as a candidate who aims to **unify rather than divide**, fostering a political environment where **differing opinions are welcomed and dialogue is encouraged**.
* 🔮 While acknowledging the potential challenges of a Trump presidency, the focus remains on the belief that **Harris will win** and the commitment to ensuring **diverse voices are represented** in future policy discussions.
* 💬 The overarching theme is the **importance of collaboration and innovation** in shaping a technology-friendly administration that prioritizes the **needs and aspirations of the tech community**.

I wondered if we could move the conversation forward. And all of the time that you spent on the road with the campaign and with your peers and industry. Have you a firmer understanding of the Vice President's policy platform as it relates to the technology industry? Yeah. And you know, thanks for having me back. I think we I think we've gotten a lot from Kamala Harris over the last. It's only been two months, by the way. A lot of it has been a focus on just the approach on how she in that and her administration will be open and collaborative to technology, to innovation, to hearing different voices. You know, look, there's lots of people who have done a lot of coverage on the big billionaires with the microphones, but not enough coverage on the 7 million people who make up the fabric of tech and what their voices say and what they want to see in a new administration. And that's what she's been very open to.

listening to. I think people want specifics. So, for example, our colleagues at Bloomberg Intelligence, which is our in-house research arm, say that if former President Trump reclaims the White House, the IRA incentives will be impacted. Conversely, with Vice President Harris, they basically see continuity that nothing will change. But that's not in and of itself policy. It's just maintaining the status quo. Is that policy? And quite frankly, I think you have to look at things like let's go to climate tech, for example, and look at what her opponent has said about climate tech. And of course, Project 2025 has said about climate tech. One of my co-founders is Julia Collins, who is the CEO of a climate tech company called Planet Ford. And we're very concerned about that. Climate tech just for it's good for the economy. But what it really spurs in terms of innovation and growth for our economy.

Her opponent has said that they're willing to dismantle the EPA, FEMA, etc. Kamala Harris has come out and said, no, we're actually going to support climate tech. We're going to look at growing this industry. And so she has come out and actually been very vocal about, you know, certain areas in tech for sure. I can also talk about A.I. She's come out and talked about being very collaborative in terms of looking at how we approach deregulation, not in a way to stifle company competition, but a way to be ethical, in a way to be supportive of a very new technology that we're all just really trying to wrap our arms around. But let's just talk about regulation for a moment. I'm pleased you went there, Shannon, because we had Vivek Ramaswamy, of course, who is a supporter of Trump in the campaign there on the show on

Friday. And his main focus is the fact that we need to reduce regulation. Just take a listen to what he said. Problem with Washington, D.C. is every time they pass one of these laws, the Inflation Reduction Act or the CHIPS Act, there's so much other baggage they sneak into there that it dilutes the original vision or purpose of the act in the first place. You want to foster semiconductor production in the United States as I do. Here's how we do it. Mass deregulation that lifts those regulatory constraints in the United States. Is there a risk that people believe that Vice President Harris is synonymous to more regulation and therefore a lack of innovation? I don't I think I think the risk is that having this wild, wild West where we have no regulation is very dangerous for innovation, is very dangerous for progress for our country. And I also think that it actually will stifle our competitive advantage. So I think it's actually the opposite. I think that when, you know, industries

have guardrails that are balanced in the way that don't stifle competition, but in a way that give us like a playing field. I think we do better as an industry, if you will. So I disagree with that. And quite frankly, I think that Kamala Harris is really working on policies that will allow us to come up with those guardrails in a way that we can continue to be competitive and stay innovative. What about the people that need to be surrounded if she does become the next president, leads an administration many, many would say synonymous with her as vice president, were those that lead the FCC, those lead the FTC. And therefore, that's an issue for M&A, for your sector. It's also an issue for regulation, particularly around the crypto area. How do you want to see change, if any, of leadership of those sorts of areas? Yeah, I do think that some of those areas do need a change of leadership and

I think that's healthy. I think that I think that that will, you know, we're in a different age, if you will, for the next four years in terms of even how you look at, you know, things like generative A.I. So we do need to have some new leaders. But I think that she is open to bringing together different voices to do that. So I think you'll see some changes. Look, you know, she's been very vocal about she's going to be her own president, that just because certain things happened during the Biden administration doesn't mean it's just going to be status quo and just the same old thing. She's a new person, a new president with different experiences. She's very qualified. In terms of when I think about candidates qualified to be president, having served, you know, our beautiful state of California as the attorney general. So what I think you'll see is some

changes, needed changes, quite frankly, but you'll also see more innovation and more people at the table. Shannon, there are high-profile individuals in the world of technology and venture capital on both sides, right? And last week, Reid Hoffman was on the program, the LinkedIn co-founder, Greylock Partner. One of the points he made was this has been divisive. It's caused tension in relationships, you know, literally between LPs and the venture capitalist. They work with all getting in on deals. What's your experience been at that somebody established in the industry? I got to tell you, my experience has been, and I've been out there, I've been came as saying, I've gone to different states. My experiences, even starting with being at the Democratic National Convention, is that she's bringing in more joy to politics. I'm actually seeing, you know, out there when I talk to people, even if they

don't agree with you. People are willing to listen one on one in a way that is not divisive. You know, Kamala Harris has recently even said that it's okay that you don't agree with her. She wants to be the president for all. She knows that there's people out there that aren't going to vote for her. She knows that there's people out there that are not going to agree with her. And that's okay. And I think that's how we've been approaching this, is that we still need to come together as one united America. And so that is what I'm hearing when I talk to people one on one about this, not this divisive like kind of hate speech, if you will. You come with experience in the financial areas of startups, of wing of other businesses. You're on the boards. How have you talked about companies strategizing for this? If indeed Kamala doesn't become the next

president and we instead a Trump presidency? How do you navigate? Yeah, I think that, you know, we will have to you know, we will have to navigate if that does happen. But I don't like to put those type of things out there in the universe. So we do believe that Kamala Harris is going to win and we do believe that we will have a seat at the table. And that's what's really important. And so honestly, that's what we've been focusing on, is how do we bring together these diverse voices, get them at the table and really talk about spawning and continuing the innovation and our competitive advantage.

Kamala Harris' Potential Silicon Valley Impact

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Bloomberg Technology

Vice President Harris's Approach to the Tech Industry

Vice President Harris has focused on being open and collaborative with the tech industry, aiming to hear diverse voices and perspectives.

Her administration is seen as maintaining the status quo, with no significant changes anticipated.

The importance of climate tech for economic growth and innovation is a key concern, with potential impacts from her opponent's policies.

Kamala Harris's Approach to Climate Tech and Regulation

Kamala Harris opposes dismantling key agencies and instead supports the growth of the climate tech industry.

She advocates for ethical deregulation to support new technologies, including AI.

The debate on regulation is highlighted by Vivek Ramaswamy's call for mass deregulation, while Harris's approach aims to balance regulation with innovation and progress.

Kamala Harris's Potential Impact as President

Kamala Harris is working on policies to establish balanced guardrails that promote competition and innovation in the industry.

There is a need for change in leadership within key regulatory areas like the FCC and FTC, particularly concerning M&A and crypto regulation.

Harris aims to bring together different voices for leadership changes and has expressed her intention to break from the status quo of the Biden administration.

The Impact of Divisive Relationships in Venture Capital

The tension between LPs and venture capitalists has been a significant issue, causing divisiveness in the industry.

Despite the challenges, there is a growing sense of joy and willingness to listen among people, even in politics.

The approach of unity and understanding, as emphasized by Kamala Harris, is seen as a way to bring people together, regardless of their differences.

The speaker emphasizes the importance of not dwelling on negative possibilities, like a Trump presidency.

They express confidence in Kamala Harris winning and believe in having a seat at the table to make a difference.

The focus is on bringing together diverse voices to foster innovation and maintain a competitive advantage.