Hi tech summit at the Trump Tower

Well, well, well – here come the potentates of high technology, flying in from Silicon Valley to meet with the president-elect at Trump Tower.  Joe Rossignol of MacRumors.com writes:

Apple CEO Tim Cook is among a small group of tech leaders who plan to attend President-elect Donald Trump's reported tech summit at Trump Tower in Manhattan on Wednesday, according to Recode

Other attendees will allegedly include the CEOs of Google parent company Alphabet, Microsoft, Cisco, IBM, Intel, Oracle, and Tesla. Amazon CEO Jeff Bezos was also invited, and he is likely to attend, the report noted. 

There could be a few other attendees, as invites reportedly continued to be sent by Trump's chief of staff Reince Priebus, son-in-law Jared Kushner, and presidential transition team adviser and tech investor Peter Thiel late into the week. 

A handful of tech leaders have reportedly declined the invitation, as the report noted some of the technology companies and executives disagree with Trump on a myriad of key issues, ranging from encryption to immigration reform.

The hi tech community in the Bay Area and Seattle, in particular, is virulently hostile to Trump.  In taking this posture, they bet big on a loser, and they now face two years of GOP domination of the elected branches and at least four years of a Trump presidency.  Companies like Apple and Google face an incredible array of hazards from a hostile administration.  Microsoft already stumbled into a realization that antitrust crusaders at home or abroad can inflict enormous damage.  The EU is going after Apple right now complaining that rigged transfer prices transferred profits into low-tax countries, like Ireland, and that billions euros of taxes are owed.

Gee, wouldn’t it be great if Apple had a U.S. government that wasn’t hostile to it?  A government that would take its side in discussions with the Europeans, the Chinese, and anyone else seeing a rich honeypot of money in the high tech sector run by those Yankees?  And a president who doesn’t see Apple, Google, and the rest as enemies?

I suspect there is going to be a rapprochement.  Both sides can help each other.  There is more to gain than lose.  That is how it works in business.

As a friend of mine with an appropriate sense of humor puts it, “the king is dead; long live the king.”