Amazon, Apple, Google and Facebook Top Execs Testify Before Congress in Historic Antitrust Hearings
- Thread starter DEAD7
- Start date
Zuckerberg's opening statement
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They arent letting them answer... the fix is in.Gov. gonna Gov.
ADevilYouKhow
Rhyme Reason
dora_da_destroyer
Master Baker
Break up big tech
As someone who works in the tech industry, I can confidently say absolutely nothing will come from this.
The average politician's grasp of these companies profit models, and how they function is way way too limited for them to even know how to draft policy that would reel them in.
Maybe once we start seeing younger elected officials who have private industry experience in working w/ these platforms more intimately, we'll see more thoughtful critiques + policy. But I would say we're still like 5-6 years away from that.
It's hard to even watch these for me because the questions from these officials are too elementary and ill-informed.
The average politician's grasp of these companies profit models, and how they function is way way too limited for them to even know how to draft policy that would reel them in.
Maybe once we start seeing younger elected officials who have private industry experience in working w/ these platforms more intimately, we'll see more thoughtful critiques + policy. But I would say we're still like 5-6 years away from that.
It's hard to even watch these for me because the questions from these officials are too elementary and ill-informed.
Any regulation from this will further entrench these giants. Calling it now.
You better hope AOC don’t become speaker because she knows exactly how big tech is run
"In many areas, we are behind our competitors, The most popular messaging service in the U.S. is iMessage. The fastest growing app is TikTok. The most popular app for video is YouTube. The fastest growing ads platform is Amazon. The largest ads platform is Google. And for every dollar spent on advertising in the U.S., less than ten cents is spent with us." - Mark Zuckerberg
Sliding them under bus to protect himself.
Sliding them under bus to protect himself. 
I was going to say, boomer's gonna boomer. That's all I was expecting from this.
Half of the question were, "Has your business ever engaged in common business practices or devised ways to outdo your competition?"
So few of the issues raised are addressed by breaking them up
except google... they may need to be broken up.
So few of the issues raised are addressed by breaking them up
except google... they may need to be broken up.
The consumer welfare standard is one of the most durable and damaging economic frameworks of last 50 years?