Zirra Wisdom
Posted On

Who is the best presidential candidate for the U.S tech industry? According to a survey conducted by Zirra on SurveyMonkey with 321 respondents, the answer is Hillary Clinton. 46% of respondents think that Clinton is a better outcome for the tech industry, while only 26% gave their vote to Donald Trump on this issue. 28% of the respondents, however, didn't think either of the candidates will have any effect on the tech industry.

alt

These findings are not surprising in light of the two candidates' policies. Whereas Clinton almost recites Silicon Valley's wish list, Trump is opposed to most of the legislation being pushed by tech companies.

Clinton supports free trade and holds liberal views towards immigration issues. She is willing to extend visas for tech immigrants and students while also broadening computer science studies in public schools. The Democratic party and the Obama administration, in general, are quite sympathetic towards technology sectors. President Obama might find his next move in Silicon Valley, while the majority of his staff has already agreed to job offers from top tech companies such as Facebook and Amazon.

Trump's policy on tech immigration is not popular in Silicon Valley: he advocates increasing mandated wage levels for workers arriving with H-1B visas and prioritizing hiring Americans. Both can hamper tech immigration to the U.S.

On the whole, respondents point to a noticeably greater perceived risk of reductions in high-tech company valuations, and in investments made in these companies, if Donald Trump wins rather than Hillary Clinton.

alt

alt

alt

The tech industry, however, is perceived as marginal among the sectors affected by the outcome of election. Most respondents thought that banking, insurance, healthcare and energy will be more easily affected by the candidates' policies. In fact, tech and defense are rated as least affected by the outcome of this election.

alt

alt