Biden win 'would be good for global tech'

Tech lobby group hopeful of greater international collaboration under a Biden administration

Former US vice-president Joe Biden

A tech sector lobby group has said that Joe Biden being elected president of the United States could have a positive effect on the global tech industry.

The Democratic candidate's openness to international collaboration, data privacy, and tougher digital taxation stand in stark contrast to Donald Trump's approach to date, according to Tech London Advocates (TLA).

Early projections indicate Biden is increasingly likely to win the presidential race, holding a slim but steady lead in a number of key battleground states. A Biden victory will have many businesses around the world wondering what they can expect from the 46th President of the United States, and none more so than the tech sector, according to TLA's founder, Russ Shaw.

"His approach to digital policy seems much more actively geared towards partnering with private industry and other governments to set the technology agenda," Shaw told IT Pro.

"For Big Tech companies, Biden still intends to impose stringent antitrust measures, as well as tough taxation and privacy regulations. However, with his history as the vice president of a Silicon Valley-friendly Obama Administration – and California-elected Kamala Harris on his ticket – a victory would likely be the outcome of choice compared to Trump's ongoing allegations of anti-conservative bias from social media giants."

Beyond Silicon Valley, Shaw thinks Biden will be more open to a "multilateral" approach to key issues such as the digital tax proposed by European countries. Trump has previously described higher taxation as "overly protectionist", but Shaw believes Biden will look to heal transatlantic divisions, mainly by ending retaliatory tariffs.

As for the UK, and its post-Brexit trade negotiations, a Democratic victory presents "something unknown", according to Shaw. Biden's views on topics such as data flows might be at odds with a Conservative government in the UK, but we do know that the presidential hopeful is a fan of GDPR-style privacy regulation.

"Ultimately, the UK and global tech sectors can be hopeful that a Biden victory will bring with it a more collaborative approach to international digital diplomacy, as the administration looks to rebuild relationships with allies around the world," Shaw added.

Relations between the US and China are currently strained due to the ongoing trade war, but Shaw feels there is more hope of these tensions easing under Biden. However, he isn't likely to ease restrictions on Huawei, with cyber security and IP theft still likely to be of high concern.

Featured Resources

BCDR buyer's guide for MSPs

How to choose a business continuity and disaster recovery solution

Download now

The definitive guide to IT security

Protecting your MSP and your customers

Download now

Cost of a data breach report 2020

Find out what factors help mitigate breach costs

Download now

The complete guide to changing your phone system provider

Optimise your phone system for better business results

Download now

Most Popular

KPMG offers staff 'four-day fortnight' in hybrid work plans
flexible working

KPMG offers staff 'four-day fortnight' in hybrid work plans

6 May 2021
16 ways to speed up your laptop

16 ways to speed up your laptop

29 Apr 2021
How to move Windows 10 from your old hard drive to SSD
operating systems

How to move Windows 10 from your old hard drive to SSD

30 Apr 2021