Mark Cuban shared some strong opinions during his recent appearance on The Daily Show. Cuban discussed a wide range of topics, but his critique of the current state of Silicon Valley and its relationship with politics particularly stood out.
Cuban, known for being independent with some libertarian views, is now seen as a favorite among liberals, and his comments showed why.
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Cuban said about the tech industry, “Watching what’s happened in Silicon Valley is insane.” He explained that it’s no longer just about supporting political figures like Donald Trump – there’s something bigger and more worrying going on. “They want Trump to be the CEO of the United States of America, and they want to be the board of directors that makes him listen to them. It’s not a good thing,” Cuban said.
Cuban feels that these tech moguls have lost touch with reality. “They’ve gotten to the point now where they feel like they should control the world and that there should be a CEO in charge of everything,” he remarked, pointing out how their success and wealth have given them a sense of entitlement to run not just businesses but the government too.
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When Stewart asked him if they do it out of boredom, Cuban replied that it's just about what they can do next. They’ve done so much already, and they're always looking for the next big thing.
The conversation with Jon Stewart turned to Elon Musk, who Cuban says is “trying to be the most influential man in the world.” Musk's control over Twitter (now called X) gives him massive power to shape global conversations. “Literally, wherever his thumb wants to go, he gets to push as hard or light as he wants,” Cuban said, highlighting how much influence Musk has through his platform.
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Cuban talked about artificial intelligence (AI), which he thinks has much potential but is hard to predict. Despite the uncertainty, he’s sure that the U.S. is at the forefront of AI development, which he believes is important for national security and business. “We are, without question, the leader,” he said, emphasizing how crucial it is for the U.S. to maintain its lead.
Cuban also talked about his early interactions with Donald Trump, revealing how he quickly realized that Trump wasn’t interested in fixing the system but taking control of it. “About the third time I talked to him,” Cuban said, he figured out that Trump “wasn’t about changing it.” Instead, Trump saw the presidency as an extension of his business empire, a view Cuban found disturbing.
However, as Cuban believes, not every Silicon Valley entrepreneur is behind Trump and wants to install Trump as CEO. LinkedIn Co-Founder Reid Hoffman and others are among over 400 venture capitalists rallying behind Vice President Kamala Harris in her presidential bid. It seems VCs are split down the middle, just like the rest of the country.
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