A proposed rule from the FTC would ban non-compete clubs. Chairman Lena Kohn said agreement's deprived workers of higher wages and businesses of talent pools that they need to build and expand. The agency estimates the rule would increase worker wages by $300 billion per year. An estimated 16 to 18 percent of US workers have non- Compete provisions in their contracts.
Kara and Scott are back together! They discuss the new power balance in Congress, how A.I. will and won't transform, and a potential ban on non-compete clauses. Plus, Jack Ma will give up control of Ant Group, and echoes of January 6th in Brazil. Today's Friend of Pivot is Mike Allen of Axios, who stops by to chat about his new book, “Smart Brevity: The Power of Saying More with Less,” and the changing landscape of the news business.
You can find Mike Allen on Twitter at @MikeAllen and can find Smart Brevity here.
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