In a telephone call with investors after the November 5 election, founder George Zoley hailed Trump's victory as a political sea change, with the GEO Group positioned to capitalize on new policies.
As spending on immigration enforcement and border security has ramped up in the US, the private sector has sought to take advantage of the lucrative opportunities by pitching surveillance tech, biometric scanning, and detention facilities.
There is this framing of immigration as a problem that governments need to manage, and the private sector has stepped in to offer solutions, whether through drones or artificial intelligence.
Experts highlight that with Trump's administration, private companies like GEO Group and CoreCivic have seen massive stock increases, signaling a financial boon linked to the pursuit of mass deportation.
#trump-administration #mass-deportation #immigration-enforcement #private-prisons #surveillance-technology
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