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TS Teddy Schleifer Teddy Schleifer Reporter at The New York Times who covers money in politics: billionaire donors, super PACs, dark money and campaign finance, including Elon Musk's spending on...

“This is not the 2025, 2026 bull run that the industry had politically. Going forward there's obviously going to be a Democratic majority in both chambers, which are not going to be as pro-AI and pro-data center as the Republican majorities this industry has enjoyed for the last two years. I think we're going to look back on the last year and a half as a bygone era when it was so unencumbered that we didn't appreciate it in the moment.”

Big Technology · Tech Strategy & Big Tech · November 2026

“This is not the 2025, 2026 bull run that the industry had politically. Going forward there's obviously going to be a Democratic majority in both chambers, which are not going to be as pro-AI and pro-data center as the Republican majorities this industry has enjoyed for the last two years. I think we're going to look back on the last year and a half as a bygone era when it was so unencumbered that we didn't appreciate it in the moment.” — Teddy Schleifer, Big Technology

Context

Asked for his first reaction to the midterm results, the New York Times reporter on money in politics says the AI industry's friendly political climate is over.

Transcript

Big Technology Around 01:52 into the episode
Teddy Schleifer

Thanks for having me.

Alex Kantrowitz

…lot of these candidates were talking about data centers. They're talking about AI safety in their victory speeches, like John Assof did, the Georgia senator, when he won on Tuesday. So what are the implications for the AI Buildout? out? And what's your broader reaction to what happened off the bat?

Teddy Schleifer

Yeah, I mean, it's clearly going to be a new time for the tech industry. I mean, this is not the 2025, 2026 bull run that the industry had politically. I mean, going forward, there is going to be obviously a Democratic majority in both chambers, which are going to be not as pro-AI and non-judge pro-data center as the Republican majorities that this industry has enjoyed for the last two years. And, you know, just how bad it is, I don't totally know yet. But I think we're going to look back on the last year and a half as a bygone era when it was so unencumbered that we didn't appreciate it in the moment.

Alex Kantrowitz

Now, for me, when I think about U.S. politics, I always think, well, the bark is typically louder than the bite, and especially regarding their regulation of tech and the rules they've applied to tech, they haven't really done much, even though there've been like clear excesses. Like all these…

Teddy Schleifer

Yeah, I mean, this is as close to a national referendum as you're going to get. I mean, this is obviously a brand new industry with where the politics are still being sorted out in real time. And clearly, a lot of Americans in 38 different places, at least, feel the same way. I haven't reported a…

Alex Kantrowitz

Now, you're the world's preeminent reporter on how tech money influences politics. And thank you. It's true. It's true. Okay, folks, for those listening, Teddy and I are friends in case you can't figure it out, but it's really true. No one does it like you, Teddy. And I just want to hear your…

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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