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E36: New FTC Chair, breaking up big tech, government silent spying, Jon Stewart, wildfires & more
All-In with Chamath, Jason, Sacks & Friedberg
Google's Making a Massive Sum of Money
In the short term, these giant monopolies can engage in predatory pricing to lower the cost for consumers. Google is tricking them to get enormous amounts of user information, personal information, user generated content, and they get nothing for it. But down stream, with all that data, google's making a massive amount of mone. And so you're talking about an enormous trade off where ogl basically has a built, you know, a multi trilliom dollar asset, and has leaked away less than ten or 15 % of the value.
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