alt Hacker NewsDid you read tfa?
The key word here is populism. Finding scapegoats (immigrants, woke feminists, lazy unemployed people) to explain away societal ills caused by inequality. Of course tech billionaires prefer blaming the scapegoats to blaming themselves. It serves as a political shield, so that they can continue to hoard wealth and control.
In the 30s, industry leaders aligned themselves with Hitler and Mussolini. They both focused on technology as a means of control. Capitalists also see the benefit of cheap labor and a war economy.
Right wing populism and technocracy are a match made in heaven, because fascism is good for the bottom line.
You can eat olives without martini.
The actual problem with technocracy (if done right) is that the work of experts grows increasingly incomprehensible to average men. Even if things work out perfectly, experts can't properly take risks or make a leap of faith in other people's name. (Not to argue our current democratic model is any good at it)