Science, Technology, and Society
The emerging concept of techno-capitalism represents a fundamental shift in the global technological and economic order. Driven notably by policy shifts in the United States, especially during the Trump era, techno-capitalism merges private technological innovation with unrestrained capital, where the state serves more as a facilitator than a watchdog.
This model prioritises the deregulation of critical sectors such as artificial intelligence and financial technology, encouraging vast flows of investment between the state and powerful private players. It fosters a ‘tech broligarchy’—an alliance of state actors and Silicon Valley elites—who shape both technological trends and policy directions.
Unlike earlier frameworks where technology was harnessed primarily for developmental goals, techno-capitalism positions technological supremacy as a tool of geopolitical influence. It reduces public oversight while consolidating control in the hands of a few transnational corporations, raising important questions about equity, democratic accountability, and global digital sovereignty.
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