All-In with Chamath, Jason, Sacks & Friedberg

E36: New FTC Chair, breaking up big tech, government silent spying, Jon Stewart, wildfires & more

Jun 18, 2021
The discussion kicks off with Lina Khan's appointment as FTC Chair and her plans to tackle big tech monopolies. The team dives into the potential impacts on consumers and reflects on antitrust experiences from major tech players. They highlight concerning government surveillance practices and ethical dilemmas relating to data privacy. Shifting gears, the conversation touches on Jon Stewart's comedic take on the lab leak theory, alongside a sobering look at California's increasing wildfire risks linked to climate change.
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INSIGHT

Lina Khan's Focus

  • Lina Khan, the new FTC Chair, is a credible and knowledgeable critic of Big Tech.
  • She is concerned about consumer welfare and potential harms beyond pricing.
INSIGHT

Amazon's Predatory Pricing

  • Lina Khan argues Amazon uses its control of essential infrastructure (AWS, logistics) to unfairly dominate new product categories.
  • This predatory pricing, subsidized by monopoly profits, stifles competition.
ANECDOTE

Tech Antitrust Paradox

  • Chamath Palihapitiya points out that traditional antitrust law, like the Sherman Act, focuses on raising prices.
  • Tech companies often lower prices, which can also stifle competition.
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