June 12, 2009

MICHAEL S. MALONE:

Be careful what you wish for.

No segment of American industry did more than high tech to elect Barack Obama as President of the United States. The 2008 Obama campaign will go down in history as having made better use of digital technology than any before it. From a hugely powerful website to the reproduction of the “Hope” poster on thousands of Facebook pages to the President’s own ‘tweet’ on election night, Silicon Valley played a crucial role in the success of President Obama . . .and Silicon Valley naturally assumed that the new President would do the same in return.

It hasn’t quite turned out that way. . .

The first surprise to many Valleyites is how innately anti-entrepreneurial the new Administration has turned out to be. Candidate Obama looked like a high tech executive – smart, hip, a gadget freak – and he certainly talked pro-entrepreneur. But the reality of the last six months has been very different.

Another bunch figures out who the rubes are.

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