A bipartisan group of tech critics on Tuesday morning launched the “No Big Tech Money” pledge, an effort to curb Silicon Valley’s influence over 2024 candidates.
, up nearly three times from its total in 2016. The vast majority of those contributions went to Democrats. The top recipient in 2020 was President Biden, who received $13.5 million from the industry during his White House bid.The group’s board is composed of several prominent tech critics from both political parties.
The tech-focused pledge is modeled after the “No Fossil Fuel Money Pledge,” which attracted signatures from thousands of Democrats running for the White House, Congress and local offices. Yet such pledges can be challenging to enforce, as federal filings show that campaigns often accept donations from people in those industries — as long as their titles fall outside of the narrow definitions in the pledge.
“We’ve been faced with this mountain of spending, and if we’re going to be successful in taking on and confronting the influence that big tech money has on our political system, we need to do what other issue areas have done,” Haworth said.The pledge does not apply to many tech companies that have long been influential in politics, including Netflix, Oracle and Twitter.
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