Meanwhile, we obsess over the iPhone 7 or breathlessly argue about which wealthy oligarch will ascend to the American throne. (It’s worth noting that neither Donald Trump nor Hillary Clinton have plans to curb the power of the Frightful Five if elected president. Clinton’s economic plan reads like a love letter to big tech.) But maybe the presidency is becoming the equivalent of Britain’s monarchy: a largely symbolic institution beholden to the real decision makers running the country from their shiny, well-scrubbed office parks in Silicon Valley.