Reid Hoffman cautions that the U.S. risks alienating its allies, which could negatively affect American businesses, particularly in the tech sector. He criticizes the current administration's approach, suggesting it's contrary to fostering long-term partnerships. Hoffman emphasizes the need for collaboration among democratic nations, stating that neglecting diplomacy may empower international rivals. He highlights that actions perceived as adversarial can lead customers to consider alternatives, potentially diminishing the market share of iconic American companies like Tesla in favor of other options like BYD.
"One of the problems with the current general administration approach of 'how to lose friends and alienate people' - the opposite of Dale Carnegie - is that that will create substantial problems for all American industry, including the tech industry."
"I mean, obviously most of the actions, and most of the gestures, tend to be the - when you come over to Europe and say, it's an America, not just America first, it's an America-only kind of position, that obviously breaks alliances."
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