E36: New FTC Chair, breaking up big tech, government silent spying, Jon Stewart, wildfires & more
- Jun 17, 2021
- 1:27:34
- Full Episode
Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg
Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast
Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg
Show Notes: 00:00 Besties intro 03:37 Lina Khan appointed to the Chair of the Federal Trade Commission 07:02 Will Lina break up big tech? Which one will be first? 18:02 Potential repercussions to consumers 27:48 Sacks’ antitrust experience at PayPal vs. eBay, Visa & MasterCard 29:50 Google’s multi-trillion dollar data trove 35:40 The U.S. government's capability to silently take data while “gagging” Big Tech 53:32 COVID’s psychic shadow, Friedberg’s office landlord is still requiring masks 1:00:17 Jon Stewart’s lab leak bit on Stephen Colbert’s show 1:10:04 California’s wildfire risk increasing with climate change 1:20:57 Bestie summer plans
Referenced in the show:
Chamath's 2019 Annual Letter re: Big Tech breakup https://www.socialcapital.com/annual-letters/2019
Big Tech Gag Order (mentioned by Sacks) https://www.washingtonpost.com/opinions/2021/06/13/microsoft-brad-smith-trump-justice-department-gag-orders/
Obama Administration Record Seizure (mentioned by Sacks) https://www.nytimes.com/2013/05/14/us/phone-records-of-journalists-of-the-associated-press-seized-by-us.html?referringSource=articleShare
California Forest fire maps (mentioned by Friedberg) https://twitter.com/NWSBayArea/status/1398474379214802951/photo/1
Jon Stewart On Vaccine Science And The Wuhan Lab Theory https://www.youtube.com/watch?v=sSfejgwbDQ8
Brief Summary
The episode discusses Lina Khan's FTC confirmation, big tech regulation, government subpoenas, and California's fire season challenges.
Key points
- Lina Khan's FTC Confirmation. Lina Khan, a critic of big tech, confirmed to the FTC with bipartisan support.
- The Debate on Antitrust Law. Discussion on how antitrust laws may evolve under Lina Khan's leadership.
- The Human Capital Drain. Big tech's salaries are keeping talented individuals from pursuing startups, impacting innovation.
- Apple's Gag Order. Apple was subpoenaed by the Justice Department regarding a Trump administration investigation.
- Secret Subpoenas and Gag Orders. The discussion reveals how individuals can be investigated without their knowledge, raising concerns about privacy.
- The Light of Other Days. A sci-fi book that explores the implications of a world with complete information transparency.
Episode highlights
- Lina Khan's FTC ConfirmationLina Khan, a critic of big tech, confirmed to the FTC with bipartisan support.“This is obviously going to be a challenge for big tech.”3:39Jun 17, 2021
- The Debate on Antitrust LawDiscussion on how antitrust laws may evolve under Lina Khan's leadership.“This is driven by the extraordinary wealth of Jeff Bezos, Zuckerberg, et cetera.”18:09Jun 17, 2021
- The Human Capital DrainBig tech's salaries are keeping talented individuals from pursuing startups, impacting innovation.“There's an entire generation frittering away their most productive years.”22:35Jun 17, 2021
- Apple's Gag OrderApple was subpoenaed by the Justice Department regarding a Trump administration investigation.“This is unbelievable; it's pretty crazy.”35:46Jun 17, 2021
- Secret Subpoenas and Gag OrdersThe discussion reveals how individuals can be investigated without their knowledge, raising concerns about privacy.“You have to notify them; you should not be able to do that secretly.”43:53Jun 17, 2021
- The Light of Other DaysA sci-fi book that explores the implications of a world with complete information transparency.“There's a book by Stephen Baxter called The Light of Other Days.”47:28Jun 17, 2021
- Jon Stewart's Controversial AppearanceJon Stewart's comments on the lab leak theory spark debate about censorship and comedy.“This exact content would have not been allowed on big tech platforms.”1:01:25Jun 17, 2021
- Jon Stewart's ComebackJon Stewart's recent appearance reminded us of the power of comedy to connect and challenge.“He was a caged tiger, man, they let him out!”1:04:38Jun 17, 2021
