https://techcrunch.com/2019/03/09/elizabeth-warren-reportedly-also-wants-to-break-up-apple/ šæļøš
To be fair, the way Apple controls the App Store is just disgusting
Iām excited to use mapquest once google maps and Apple maps become unavailable on their respective platforms
President Bidenās future Technology Czar, Elizabeth Warren
Tech has changed a bit to huge massive companies. I don't think any of the big ones should be broken up, but we should encourage startups and a level playing field (if not small cap advantage).
Isnāt that what VCs are for?
VCs provide funding; that's a good thing. Not the same as having regulations that keep a level playing field.
Sheās trying to be populist, riding the current sentiment against FANG. This will likely kill her candidacy for Dem candidate as many will see it too extreme, and threatens to cripple too many large companies with hundreds of thousands of jobs at stake. Using this argument of platform utilities, every company with cloud services like Microsoft, Adobe and even startups like Magic Leap would all fall under this large umbrella - she doesnāt realize the far reaching implications of her words.
The implication is that she has taken herself out of the running for president.
If there is an organization that's too powerful, it's Banks. They have more analytics on your spending and geo than most realize. But are we living in a society where you can't be too successful?
Yes, since Trump got into power, big banks can now begin managing and investing in other peopleās money while financing those same companies and investing in them all under one roof. Banks will argue they have walls in place, but then you can use the same argument to allow the big tech companies to stay in place.
āIf you run a platform where others come to sell, then you donāt get to sell your own items on the platform because you have two comparative advantages,ā Warren said. Shouldnāt she start with applying such rule to wall street? Or is it that tech bashing ins more trendy?
Do you think she meant to say, ācompetitive advantagesā?
She should break up the DNC instead.
Savage
Damn