How to deal with big tech

00:00 - Problems with big tech
01:07 - The effect of business monopolies
02:28 - How to rein in big tech firms
04:45 - Could regulation harm consumers?
06:45 - Epic Games v Apple
08:48 - Are lawsuits effective?
10:12 - Trump ban from social media

[joncooke]

Barrier to entry is a natural competitive force. Existing competitors creating a controversy and then lobbying new regulations to make entry prohibitively expensive is an unnatural competitive force.

[Finezzato]

The devices we buy belong to us and we need independent repair, Apple

[moiseswar]

Anne McElvoy! I had been listening to you in The Economist podcasts for years and had never seen you physically! I'm happy to put a face to that voice that's been educating me for years!

[robertobarasa]

🇹🇹 always ready to learn from the Economist, love from Trinidad and Tobago

[BuddhaModern]

*Same things needed in India where bAMBANI and bADANI are growing by looting Poors*

[saintmichael]

5:08
Was the interviewer's question "How do you reign in on a business that consumers willingly choose?"

Correct me if I'm wrong but Ms. Klobuchar didn't answer the question.

[baxterma]

Agree 100%! As a consumer, there just ain’t much choices out there in an environment that falsely gives an impression of unending choices. It scares me sometimes when I am gradually realizing this everyday.

[SS-xllo]

Get corporate out of democracy, big money = no democracy

[nguyenlinh]

pls add subtitle on each video. It's helps a lot for people who want to learn English from your channel

[ramieres]

Just buy their shares and see how little you suddenly care about these issues

[slypear]

zomg - priceless
TE: Let's be devil's advocat on that~
AK: Of course, you're The Economist

[deepdude]

Klobuchar is a friend of the country. The gap between rich and poor it is becoming inhumane and Klobuchar knows it. We should all pay close attention to this and support her.

[mipouji]

Government should somehow lower barriers to entry. This (in theory) should help provide innovation or at least a bit of R&D into how consumers information/data can be kept private and secure.

[nothing]

Please also regulate companies so they couldn't harm environment

[Mightymightyable]

I keep hearing about the issues. When will there be a solution?

[englishbest]

Interestingly enough The Economist and Amy Klobuchar are using Google, Youtube, AWS, Microsoft to discuss how to break them up.

[harukrentz]

Google, Facebook, Amazon, & Apple are getting big and bigger. Its quite concerning really.

[callous]

Wish they would put as much energy into solving real problems like healthcare and education, things that actually cost us money

[Minatures]

How to deal with it? Buy their shares, lean back and profit.

[sohishirazi]

I think, being one or two big companies in every field is better and convenient.
But there should be strong law enforcement to control them.
These companies are more likely to be innovative than others... Agree?