Economist Podcasts Facebooklets: breaking up Big Tech
Nov 4, 2019
Miranda Johnson, Southeast Asia correspondent for The Economist, delves into the critical threats facing coral reefs and the millions dependent on them. She explores ambitious political movements aimed at dismantling big tech monopolies, highlighting Elizabeth Warren's intricate proposals. The discussion also covers unconventional leadership models drawn from history, examining how figures like Genghis Khan could inform modern corporate culture while maintaining a balance between competitiveness and employee well-being.
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Warren's Big Tech Breakup
- Elizabeth Warren aims to diminish Big Tech's power through structural remedies like breakups.
- She believes more competition will limit their influence over politicians.
Breakup Challenges
- Breaking up large tech companies like Facebook presents legal and logistical challenges.
- Such breakups can be lengthy and complex, as seen in the Microsoft case.
Facebook Integration
- Facebook's integration of WhatsApp and Instagram complicates potential breakups.
- Critics argue this integration is a strategic move to appear as one inseparable entity.