Chapter
Comparing Facebook to Microsoft; the Power of Big Tech Companies
54:33 - 59:53 (05:20)
The power of big tech companies and their ability to crush competitors raise concerns, as seen with Microsoft in the late 90s. Currently, Facebook must now slow down, and the negative narrative about how people use the platform is being fueled by traditional media who feel disintermediated by Facebook.
Clips
The traditional media's negative narrative about social media and its effects on polarization and division is hypocritical since they do the same thing for ratings, and it's driven by their dislike of Facebook disintermediating them.
54:33 - 57:05 (02:32)
Summary
The traditional media's negative narrative about social media and its effects on polarization and division is hypocritical since they do the same thing for ratings, and it's driven by their dislike of Facebook disintermediating them.
ChapterComparing Facebook to Microsoft; the Power of Big Tech Companies
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The power of big tech companies and their ability to crush competitors is a growing concern, similar to the issues Microsoft faced in the late 90s.
57:05 - 59:53 (02:47)
Summary
The power of big tech companies and their ability to crush competitors is a growing concern, similar to the issues Microsoft faced in the late 90s. Facebook's recent actions and censorship suggest they may be heading down the same path as Microsoft, potentially leading to a slowdown in innovation.