Big Technology Podcast Crossover With The Realignment: Can Tech Survive Washington’s Onslaught?
Jun 22, 2021
Marshall Kosloff and Saagar Enjeti, co-hosts of The Realignment podcast, dive into the intersection of tech and politics with a focus on new bills targeting Big Tech. They discuss the profound implications of the FTC's regulations and the shifting dynamics between Silicon Valley and Washington. Topics include the challenges of data portability in social media, the nuances of antitrust legislation, and the delicate balance of content moderation during misinformation crises, especially in light of the pandemic.
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Increased Big Tech Concern
- Big Tech companies are now more concerned about Lina Khan's appointment as FTC chair and increased FTC funding.
- This combination presents a greater threat than before, increasing alarm in Silicon Valley.
Congress vs. Big Tech
- Congress has become significantly more informed about Big Tech's anti-competitive practices through investigations and hearings.
- These efforts culminated in five bills targeting self-dealing, data portability, FTC funding, and acquisitions.
Bezos' Admission
- Jeff Bezos admitted during a Congressional hearing that Amazon uses third-party merchant data.
- This admission, seemingly accidental, confirmed a Wall Street Journal report and highlighted anti-competitive practices.
