Experts Say Elon Musk's Ridiculous "DOGE" Initiative Could Actually Crush Innovation

Quick Summary:

  President-elect Donald Trump has appointed multi-hyphenate billionaire Elon Musk and Big Pharma shill Vivek Ramaswamy to lead a new "Department of Government Efficiency" or DOGE, an apparent effort to inflict "temporary hardship" on the American people while making massive cuts to the federal government.

But whether applying that kind of Silicon Valley-style thinking to government bureaucracy will prove effective remains dubious at best.

As Politico reports, indiscriminate budget cuts could sever key public-private partnerships and leave United States startups behind.

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Article Details

Author / Journalist: Victor Tangermann

Category: Technology

Markets: United States

Topics: Vivek ramaswamy Elon musk The digest Future Society Innovation

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 16:18:06 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 23768359

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