Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Tech Titans Seize Power: Billionaires Aim for Political Dominance
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
Tech Billionaires Already Captured the White House. They Still Want to Be Kings
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Technology > Tech Titans Seize Power: Billionaires Aim for Political Dominance
Technology

Tech Titans Seize Power: Billionaires Aim for Political Dominance

Technology Desk By Technology Desk September 27, 2025 4 Min Read
Share
SHARE

During a recent discussion, Praxis co-founder Brown drew parallels between Praxis and Israel, emphasizing the journey of a scattered, stateless people with aspirations of returning to their historical homeland. He noted, “There were these stateless people who were scattered,” and emphasized the aim of building a state. Srinivasan, another key figure in the organization, has been more explicit in previous statements, describing his vision as akin to “tech Zionism.”

The concept of a network state enables “the West” to be represented without geographical presence. In addition to a location in Vandenberg, Praxis has announced plans to explore opportunities in countries such as Morocco, Japan, and the Dominican Republic for establishing a Special Economic Zone (SEZ). Although Brown does not categorize Morocco as Western, he stated that Praxis is open to collaborating with nations willing to provide land. His promise includes attracting companies and tech talent that could significantly enhance local economies, though it remains uncertain if residents within these zones would gain “citizenship” in a Praxian SEZ. In the interim, through Praxis Development, the group aims to acquire residential properties for its members as a transitional step towards securing “real territory, real assets, and real power.”

Critics have labeled these efforts as a neo-colonial endeavor. Gil Duran, a former political consultant and author of the newsletter The Nerd Reich, described it as a “colonial project, aimed at tech empire.” He commented, “It sounds like colonization 2.0. When you go to another person’s country and create your own country there, no matter your excuse, no matter your rationale.”

In a similar vein, a recent post on the Praxis X account referred to the initiative as a “Cyberpunk East India Company.”

The SEZ strategy has been exemplified by Próspera, a charter community supported by Pronomos Capital on the island of Roatán in Honduras. Próspera has established an arbitration system, low taxes, and a defined code of conduct. Vitalia, the original project of Ion, contemplated setting a permanent base within Próspera.

Leaders of Próspera assert that they do not identify as a network state; rather, their ambition is to achieve “city-scale development that advances human progress and prosperity—within Honduran sovereignty and law.” In 2017, the Honduran government under Juan Orlando Hernández Alvarado granted Próspera its charter. However, Hernández faced arrest in 2022 for drug trafficking and was later convicted. His successor repealed Próspera’s SEZ status, claiming such zones infringed upon the nation’s sovereignty. In response, Próspera has filed an $11 billion lawsuit against the Honduran government for failing to uphold “guarantees of legal stability.” The case remains unresolved.

Ion indicated that he would manage future projects differently with his Viva City initiative.

At the Viva Frontier Tower, after a morning rave and a series of workshops focused on health and longevity, Ion, now dressed casually in a T-shirt and jeans, guided a small group of attendees through his temporary location. While the images showcased on the group’s website present a vibrant, semitropical seaside utopia reminiscent of Monaco and Atlantis, the actual setting—a repurposed WeWork space—remains in various stages of upkeep.

TAGGED:EducationTechnology
Share This Article
Twitter Copy Link
Previous Article Sify Infinit Spaces Ltd potential IPO receives board approval Sify Infinit Spaces Ltd Gets Green Light for Upcoming IPO
Next Article As raw jute prices hit record high, India imposes stock limit for traders, balers, jute mills India Sets Stock Limits as Jute Prices Soar to Record Highs
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Varmora Granito raises ₹212.4 crore from anchor investors ahead of IPO

Varmora Granito Secures ₹212.4 Crore from Anchor Investors Before Upcoming IPO

September 22, 2026
Photos: Gaza’s children return to class in tents and ruins

Gaza’s Children Resume Classes Amidst Tents and Ruins After Recent Conflicts

September 22, 2026
Moneyview sets IPO price band at ₹32-34, eyes ₹750 cr fresh capital

Moneyview Targets ₹750 Crore Capital with IPO Price Band Set at ₹32-34

September 21, 2026
NSE IPO Day 3 Live: Largest IPO nears 2x subscription, last day to bid

NSE IPO Day 3: Largest Offering Approaches 2x Subscription, Final Bidding Day Today

September 21, 2026
What will drive stock markets this week? Analysts flag oil moves, West Asia worries and more

K.P.R. Mill: Today’s Top Stock Pick for September 21st Market Update

September 21, 2026
IPO pipeline stays strong with 72 firms seeking to raise ₹1.70 lakh crore

72 Companies Aim to Raise ₹1.70 Lakh Crore, Keeping IPO Pipeline Robust

September 21, 2026

You Might Also Like

Union Budget 2026: Cloud & AI take center stage in India’s digital strategy
Technology

India’s 2026 Union Budget: Cloud and AI Drive Digital Transformation Agenda

9 Min Read
Dell releases AI India Blueprint at India AI Impact Summit 2026
Technology

Dell Unveils AI India Blueprint at 2026 AI Impact Summit

3 Min Read
Hassan Took a Bike Ride. Now He's One of the Thousands Missing in Gaza
Technology

Hassan’s Bike Ride: A Tragic Tale of Those Missing in Gaza

6 Min Read
Industry 5.0 will be about manufacturing with human-machine collaboration
Technology

Industry 5.0: Revolutionizing Manufacturing Through Seamless Human-Machine Collaboration

4 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?