Donald Trump’s stunning victory in Tuesday’s presidential election foreshadows a massive shakeup for the American economy with far-reaching ramifications for the tech sector. These include tighter restrictions on immigration, pressure to hire more American workers, tougher attitudes to mergers and a weaker stock market that could make tech IPOs such as that planned by Snap harder to pull off.
The win, in many ways a referendum on job loss and globalization, also highlights the incredibly tough national climate tech companies are going to face in the years ahead as they push technologies that further threaten employment, like self-driving cars and trucks.