Motley Fool Money Apple, Amazon, and Common Sense Technology
Oct 16, 2020
Jim Steyer, Founder and CEO of Common Sense Media, discusses the urgent need for tech regulation and its impact on youth. He highlights the challenges of social media and advocates for healthier tech practices. The conversation also dives into Apple's new product launches and the shifting landscape of technology, along with insights on Amazon's booming third-party seller market. Steyer reflects on the importance of responsible engagement in a digital world, emphasizing a balance between innovation and corporate responsibility.
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Apple's Need to Innovate
- Apple needs to innovate to maintain its revenue and cash flow.
- The iPhone 12 Mini, priced at $699, caters to the cyclical consumer preference for smaller phones.
5G Rollout and Adoption
- 5G's consumer impact will take time due to infrastructure limitations.
- Apple's 5G phones are a step forward, but widespread adoption depends on network buildout.
Navigating Technology with Children
- Delay giving children smartphones and limit their screen time.
- Regulate content and have open conversations about tech's pros and cons.
