In which Wolf and Michael Guimarin discuss the nature of monopolies and whether we can let giant tech companies keep their thumb on the scale of social balance.
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CHAPTERS:
00:00:00 –Are big tech companies monopolies? App Store hegemony.
00:04:26 – Is the U.S. Treasury a "colony" of Goldman-Sachs? Microsoft's Office domination.
00:08:20 – Big Tech outsources innovation.
00:09:23 – The history of corporate breakups.
00:14:25 – Why break up Google? Is Duck Duck Go even competition?
00:19:32 – Demand-side economies of scale: the Network Effect and Metcalfe's Law.
00:21:27 – Does Google pay people to not compete with them?
00:23:46 – How do you break up Big Tech companies without making American tech less competitive?
00:28:43 – Big Tech's thumb on the scale.
00:31:14 – A framework for breaking up Big Tech: pay attention legislators!
00:32:22 – First Pillar: Disallow Big Tech from owning and operating their own data centers.
00:36:25 – Second Pillar: Disallow Big Tech from running ISP/telephony networks. Section 230.
00:47:51 – Third Pillar: Enterprise license agreements should be made transparent and require disclosure filing.
00:54:19 – Fourth Pillar: Big tech should give money to open source via blind foundations.
00:57:15 – Pitches and closing remarks.