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
3 жыл бұрын
The devices we buy belong to us and we need independent repair, Apple
@harukrentz435
3 жыл бұрын
Apple: "we dont do that here".
@HelloWorld-rv8vd
3 жыл бұрын
Mac is the worst device I have brought-_-||
@BuddhaModern
3 жыл бұрын
*Same things needed in India where bAMBANI and bADANI are growing by looting Poors*
@tabsOverSpaces
3 жыл бұрын
It's nowhere similar lol
@slypear
3 жыл бұрын
zomg - priceless TE: Let's be devil's advocat on that~ AK: Of course, you're The Economist
@shvabhchakarwarti3549
3 жыл бұрын
sleep got knocked off from my eyes, and hilarious thing is, she just laughed and agreed, didn't even deny.
@apoenaabreu257
3 жыл бұрын
So savage lol
@sebastienalbouy4471
3 жыл бұрын
I didn't hear this as criticism, more that she knows she is speaking to a serious outlet when it comes to debate and looking at issues from broad perspective.
@saintmichael5253
3 жыл бұрын
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.
@moises8war
3 жыл бұрын
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!
@rubik5046
3 жыл бұрын
Mee, too!
@SS-xl6lo
3 жыл бұрын
Get corporate out of democracy ,big money = no democracy
@robertobarasa4095
3 жыл бұрын
🇹🇹 always ready to learn from the Economist, love from Trinidad and Tobago
@alltheworldsastage4785
3 жыл бұрын
Ayyyyee, another Trini in the house, I'm from deep South La Brea side bro, where you from?
@robertobarasa4095
3 жыл бұрын
Laventille brother 🗣
@alltheworldsastage4785
3 жыл бұрын
@@robertobarasa4095 Alright, cool, cool. 🙌🏾
@CA-by2br
3 жыл бұрын
Wow, another trini
@philosophiesofsunny
3 жыл бұрын
What an irony, talking about monopoly Created by this tech platforms, by the medium created by this tech platforms.
@umidakadirova298
3 жыл бұрын
haha
@SammakaiRichards
3 жыл бұрын
Great insight by the Senator
@stefanoraffo5096
3 жыл бұрын
breaking up these monopolies won't do anything. There is competition for Google for example, Duckduckgo, Bing, Edge, etc. The only problem is that no one uses them. Tech giants pray on networks; the more user one service has, the better. This means that everyone will go to the same place rather than different plates, meaning that a breakup is not a solution.
@freedomlife3623
3 жыл бұрын
I use duckduckgo, so does my husband. We need to bring the awareness to the masses, so people are aware what the risk we are facing using Google.
@luizbranco8350
3 жыл бұрын
Well when it comes to Trump then it´s to do as they please...you voted for these people you now put up with them
@slypear
3 жыл бұрын
"...become another China..." *Discuss*~
@mrmcsteezy
3 жыл бұрын
It’s about not allowing people multiple options for which pieces of tech to use. Everything tech in China is essentially Tencent.
@harukrentz435
3 жыл бұрын
Google, Facebook, Amazon, & Apple are getting big and bigger. Its quite concerning really.
@ramieres85
3 жыл бұрын
Just buy their shares and see how little you suddenly care about these issues
@Joe-jh8po
3 жыл бұрын
There's arguments that breaking up big tech will benefit shareholders. Scott Galloway talked a lot about this if you're interested.
@ramieres85
3 жыл бұрын
@@Joe-jh8po pretty cool channel, thx for that
@MalluStyleMultiMedia
6 ай бұрын
TRUMP 2024
@englishbest
3 жыл бұрын
Interestingly enough The Economist and Amy Klobuchar are using Google, KZitem, AWS, Microsoft to discuss how to break them up.
@BaSingh2006
2 жыл бұрын
So what make her use black berry messenger
@deepdude4719
3 жыл бұрын
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.
@jacobscrackers98
3 жыл бұрын
No one who is an enemy of free speech is a friend of mine.
@jennifercuddy5663
3 жыл бұрын
But the hearings are borderline ridiculous or at least the ones I’ve seen. They should be having Murdoch and co subpoenaed.
@asheru9254
3 жыл бұрын
Delete your Facebook Jennifer
@jennifercuddy5663
3 жыл бұрын
@@asheru9254 I’m not into it. Sorry.
@Mightymightyable
3 жыл бұрын
I keep hearing about the issues. When will there be a solution?
@duncanhw
3 жыл бұрын
Antitrust, perhaps?
@schmidty4992
3 жыл бұрын
Break up the monopolies
@pancakes3250
3 жыл бұрын
@@duncanhw Nope. Not US. Different culture. More individualistic and capitalistic, than Europe. Here, any more anti-trust busting laws, better compensate the companies. Otherwise consumer decision. The best US can do, besides compensating, is funnel more funds into agencies investigating business malpractice. Congressional hearings to inform the public. This wont happen in the current environment. Too much already to deal with, and very expensive. So the only solution, is consumer information by shows like this. Up to the individual. More freedom, more personal responsibility. This is appropriate for the US of course, in my opinion.
@duncanhw
3 жыл бұрын
@@pancakes3250 You don't get what I mean. OP is asking for her solution, but *her* solution is obviously antitrust. That's the whole platform here.
@pancakes3250
3 жыл бұрын
@@duncanhw Ow, i understand, i am sorry.
@SoullessScythe
4 ай бұрын
REIGN IN TECH FIRMS. MAKE THEM SELL. AND NOT TO THEMSELVES. or their subsidaries.
@shligadaba
Ай бұрын
It's those companies' infrastructure. It's their app store or their search engine. If the government wants a hand in it, they should create their own. There are a million search engines out there, you can choose the one you want to use.
@Michaelsbrownie
3 жыл бұрын
I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security rather having different investments is the real deal
@whtsap16174----------
3 жыл бұрын
I totally agree with you, it’s been an eye opening experience for a lot of people.
@ross5548
3 жыл бұрын
Wow Great that's called diversifying a portfolio.
@davidwilson2450
3 жыл бұрын
It's very important for one to have different streams of income☺
@hilsongolden2655
3 жыл бұрын
I've got interest in investing but afraid of doing it on my own to avoid loss from my own end 😕🥴
@Bob-tu5tp
3 жыл бұрын
@Mike Justin I'll recommend my professional Mr Lucas Naved My first investement with him earned me a total profits of $28,300 and ever since then he keeps delivering
@willorwell
3 жыл бұрын
There is competition in tech industry in China. There are probably more choices in some areas even.
@siddhantdeepful
3 жыл бұрын
No there isn't, almost all companies which made it big were some way or the other in bed with the powerful government figures. Hence they were allowed to use more relaxed laws(for loans, wholesale payments and employment) which are not supposed to be allowed under Chinese law. The alternate companies generally tend to popup when the relaxation of the dominate company becomes public knowledge
@sohishirazi1565
3 жыл бұрын
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?
@youtubesucks8024
3 жыл бұрын
That’s a bad example: AT&T is a dumpster fire of a company
@engchoontan8483
Жыл бұрын
Fri Oct 21 year 2022 Review alphabet and meta Review american big tech businesses How to deal with... ...
@shligadaba
Ай бұрын
Limits on 'misinformation' sure sounds like getting rid of freedom of speech.
@managersamuel
3 жыл бұрын
Big Tech appoints US presidents.. That's alot of power of this former democratic country
@nguyenlinh580
Жыл бұрын
pls add subtitle on each video. It's helps a lot for people who want to learn English from your channel
@mipouji
3 жыл бұрын
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.
@battlewarrior11
3 жыл бұрын
I think patent laws are one area. Big companies abuse them by patenting way too many unused ideas with countless wordings to attempt to deny entry to smaller, innovative companies that might disrupt the current market. Patent scams do the same thing and also hurt big companies. They consist of lawyers and crooked judges(I read about one in Texas from Austin Meyer) that claim patents for hundreds of vaguely worded ideas for which they do zero work. All their work is suing and collecting settlement checks.
@robertronning7016
2 жыл бұрын
Listen I know we keep you busy up here in Minnesota where I am from we got bigger fish to fry right here at home and we're going to do it in the name of Sandra drift
@Minatures
3 жыл бұрын
How to deal with it? Buy their shares, lean back and profit.
@atenas80525
3 жыл бұрын
If memory serves me correctly, John D. Rockefeller made MORE money after the break-up
@bertlammens4392
3 жыл бұрын
The share prices rose but that's what stocks always do anyway
@jimmyjimmy5574
3 жыл бұрын
I like this Amy Klobuchar.
@pistolen87
3 жыл бұрын
I agree with much what is said, but I think an important issue not addressed are the network effects. Few people want to be on several different platforms that provide the same service, for example, who would like to have a half of their friends on Facebook and the other half on "copy of Facebook" that provide the same service? Next to none. People want to be where the network is the largest because the content is the greatest, leading to monopolies. I have no idea how to solve this conundrum.
@nothing9220
3 жыл бұрын
Please also regulate companies so they couldn't harm environment
@raulgonzalez8792
3 жыл бұрын
👏👏👏 Louder for the people in the back!! 👏👏👏
@CoolClipsAnimations
3 жыл бұрын
Then why you talking about big teach you are supposed to be saying this to the mining companies
@afranscoisstanderstander7360
3 жыл бұрын
Get rid of them!
@RML0317
3 жыл бұрын
Great idea and then what?
@backto-il9ne
3 жыл бұрын
GO Senator Klobuchar.
@SS-xl6lo
3 жыл бұрын
Nothing will be done corporate first always
@baxterma
3 жыл бұрын
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.
@rubencastro4498
3 жыл бұрын
I think your videos are amazing, the only thing that puzzles me a little and in a very respectful way would like to ask is the following, are you aware of the fact that "America" is an entire continent and no the name of "The United States of America"'?
@lucifers6660
3 жыл бұрын
10:41 onwards can tell she is such a hypocrite.
@Anonymous-ic7ty
3 жыл бұрын
Did anyone else here Lorn “Sega Sunset” in the first few seconds?
@Tan92lfc
3 жыл бұрын
Amy Klobuchar likes Snow
@callous21
3 жыл бұрын
Wish they would put as much energy into solving real problems like healthcare and education, things that actually cost us money
@hellloooworld1124
2 жыл бұрын
Don’t trust fb aka meta
@ashleydadyaltamirano1263
3 жыл бұрын
The people of Mexico are protesting for your publication of President López Obrador. It’s an offensive image far away from the conception of our government and the minimum ethic of journalism. In the electoral times I respectfully ask who pay for that?
@unveiledeyes6558
3 жыл бұрын
Never give up an opportunity to drag China in the picture. Talk about gatekeeper enterprises. The truth is China is actually taking steps to deal with their own big tech companies (e.g. Alibaba, Meituan) which are adversely impacting, among other things, small and medium business viability and fair competition ... fact-check Senator (assuming facts and truth still matters)
@luizbranco8350
3 жыл бұрын
A company makes the profit margin a market allows it to make lady...who are you to say what is high or not? do you want to regulate margin by law?crazy...
@EveHyland-in8jb9ti9y
3 жыл бұрын
Facts! Smart lady. Blessings from Scotland. 🙏🏴 Noone should get banned. What about all the bare face lies Democrats tell the public every day?
@dontyoufuckinguwume8201
3 жыл бұрын
Yes, lets turn Twitter into 4chan, great idea!
@freedomlife3623
3 жыл бұрын
Examples, please.
@watchmeasifly
3 жыл бұрын
Consumer harm is no longer the only metric by which a monopoly should be measured, it's a very archaic form of playing devil's advocate when it comes to measuring the extreme power disparities present in the market today. The economist surely would have once read Hobbes and Smith, and realize that the entire premise of capitalism and the protection of private property is based on the fact that all actors within a market start out at the level of subsistence and therefore have an equal access to the market. This was never true, especially in England's racist and imperialist history, but even by that measure alone it's obvious that news organizations should grow up and stop trying to thread the needle by using imperialist legal views that were created through the lens of elites protection of other elites.
@TokenBlackman7
3 жыл бұрын
Cloud-boot-jar
@Moe5Tavern
3 жыл бұрын
The last part shows a poor understanding of freedom of speech. It's not about whether Trump is lying or not, it's about how dangerous it is to forbid delete or forbid words. I am German and my grandpa told me about the time when the media and elections were not free anymore. It's a horrible thing because back then, the nazis portrayed all dissidents as "being crazy, liars and criminals". It is different now of course but there are some parralels we should learn from.
@atenas80525
3 жыл бұрын
Successful companies are broken down by the government, broken companies are attempted to be made successful by decades and decades of government subsidies
@MrWilliamwright
3 жыл бұрын
I like the way she tries to sell the idea as pro capitalist but which in reality is closer to china's system, basically a state run pseudo capitalist system.
@wilfredv1930
3 жыл бұрын
The future will be owned by corporations, get used to it Delay that wont stop it
@del10bb
3 жыл бұрын
Anyone know the music played in the intro? It’s been on many videos been looking for it for years.
@razzles3837
3 жыл бұрын
florida gov. desantis signs law to hold big tech companies accountable for content practices. moderation DeSantis has been critical of what he views as censorship engaged in by the company’s largest technology companies and has accused platforms like KZitem of attempting to stamp out ideas that go against its "narrative."
@bogdanbuzadzic
3 жыл бұрын
What about over pricing of Insulin in the US? What about thinking about real problems, you useless politicians. Shame on you.
@johnlecraw6065
3 жыл бұрын
Alibaba and Tencent would absolutely love these companies to be broken up
@duncanhw
3 жыл бұрын
Alibaba is being broken up by China
@johnlecraw6065
3 жыл бұрын
@@duncanhw ohh yeah, but thats because they or at least Jack Ma spoke out against the party
@duncanhw
3 жыл бұрын
@@johnlecraw6065 He spoke out after China reined in on him.
@slypear
3 жыл бұрын
@@duncanhw Ad infinitum/nauseum
@jessegartung294
3 жыл бұрын
They need to break up because they spread shows and movies that spread racism like the oriville
@saintmichael5253
3 жыл бұрын
The thing Australia wanted to do (5:40) is the equivalent of telling a 7 year old boy who wants to bring a newspaper to his class for a class project that anyone who looked at would have to pay.
@ベネッセ原田会長
3 жыл бұрын
これは全く聞き取れないよ
@blackstar-vh8vz
3 жыл бұрын
Well, only one thing ,. stop used,.in those in control,.check this monopoly,.buying small companies,.
@alshjamal
3 жыл бұрын
The newer companies can't pay the the best talent the wage they deserve. So naturally they will fall behind unless they get investors or government support.
@harrison6082
3 жыл бұрын
You aren't supposed to copy them. You need to have a business that either does something new. That requires creativity more than anything else. Amazon is very competitive, I would not want to compete with them directly.
@yhwh6466
3 жыл бұрын
👁️👆⏳🔥☠️
@alydaart
3 жыл бұрын
Bulshit
@tellingfoxtales
3 жыл бұрын
Decentralised platforms will disrupt big tech, whether the state intervenes or not.
@ernie7778
3 жыл бұрын
Did you delete one clip recently about radicality?
@crocobaur5407
3 жыл бұрын
i think she really wants to be president
@samchapple6363
3 жыл бұрын
Comcast? The result of ATT breakup
@atenas80525
3 жыл бұрын
Can we fact check public education?
@guff9567
3 жыл бұрын
What about Big State and Big Pharma?
@tubester2023
3 жыл бұрын
Trivia: Economist Editor's eye make-up was done by her grand daughter
@nickduss
3 жыл бұрын
And you're phone has been hijacked by your 2yo nephew?
@mahadzirabdkarim4800
3 жыл бұрын
also the SPECULATORS !
@alltheworldsastage4785
3 жыл бұрын
2nd.
@graalbitcoin6311
3 жыл бұрын
You are first
@ytoh6408
3 жыл бұрын
Laurel mark last MSI PTC last yeah keeping u hawk Marriott user hookup
@HemanthYarlagadda
3 жыл бұрын
Thumbnail is in another language
@duncanhw
3 жыл бұрын
Klobuchar is her name
@HemanthYarlagadda
3 жыл бұрын
@@duncanhw oh ok
@Nishith8
3 жыл бұрын
Decentralise them or open source their protocols and APIs instead of breaking them.
@TomNook.
3 жыл бұрын
The irony being that big tech companies are the biggest contributors to open source.
@ajjohn185
3 жыл бұрын
The more you know, the less you want to know....
@leozhu4152
3 жыл бұрын
A big knowledge for me
@TomNook.
3 жыл бұрын
Big tech dominate because they offer so much and ask for little - or rather ZERO money in return.
@jroig824
3 жыл бұрын
Because you're the product and the real customers are the companies that buy access to you and other milions of people
@freedomlife3623
3 жыл бұрын
I rather pay for service rather than my information. Just like I pay for KZitem premium, so I don’t have to watch any ads and save my time.
@TomNook.
3 жыл бұрын
And which you've seen, billions are accepting.
@peter802
3 жыл бұрын
Ask China
@SammakaiRichards
3 жыл бұрын
Thanks
@ginalley
3 жыл бұрын
1:43 Isn't this arguments against big pharma not big tech? Can someone explain how this is a big tech issue
@ginalley
3 жыл бұрын
@Orange Juice I was a fookin legend in gin alley dont fookin forget tanner
@ginalley
3 жыл бұрын
@Orange Juice game of thrones, karl tanner
@neeper27
3 жыл бұрын
There needs to be penalties for individuals. Put a few greedy psychopathic executives in prison. Their billions won’t help them there
@75338
3 жыл бұрын
I'm wondering if The Economist is starting to seriously show its leftist bias by essentially producing a fawning uncritical commercial for a very liberal US politician? I personally like her, but this video should really be called "Democrat Amy Klobuchar answers our questions about big tech companies."
@nakosimpson7459
3 жыл бұрын
Trp
@alparslankorkmaz2964
3 жыл бұрын
Nice video.
@jclad5145
3 жыл бұрын
Bruh reddit be lying to me about Amy Klobuchar, now that I've actually heard her talk she is way smarter than reddit Bernie Bro posts made it seem like
@BlondeQtie
3 жыл бұрын
Easy. Make laws to punish them for every abuse of power, inequality and leaving things in the dark. They need to let someone from the government check the algorithms for search engines, they are not allowed to sell or use user data without permission, you cannot charge some this and others that, you cannot avoid taxes because your office is officially in Liechtenstein or on the Caymans, they aren’t allowed to have a 2000% profit margin, they have to source their materials sustainably, they hav to make sure everyone in the production chain is paid fairly. I like that a lot of people work on the „best product“ and google‘s services and microsoft and apple are doing amazing things, too. Don’t let them do the grey area or illegal stuff, that’s enough.
@kjoemack7013
3 жыл бұрын
catch-up dropkicks
@Zzzooooppp
3 жыл бұрын
The economist has very clearly moved further left from their original stated ideology.
@shubhamchaudhary5309
3 жыл бұрын
So what u guys gonna do about Elon Musk space exploration monopoly...
@ryanprentice
3 жыл бұрын
Nanomachines in the blood stream delivered by injection is from Metal Gear Solid (1998).
@jeanyatim4208
3 жыл бұрын
It was ok. However the interviewer did not exploited the contradictions stated by Sen. Klobuchar. I may not like D.T. speeches; however, she is empowering censorship from the same monopolies she is trying to break.
@freebie808
3 жыл бұрын
The E in Elon stands for E-waste, (electric waste) E-waste-man.
@ChrisTaylor-NEP
3 жыл бұрын
Klobuchar doesn't have a clue. She was unable to suggest one piece of legislation which would reign in big-tech. Just hot air, rhetoric and generalisations. On the other hand, sometimes it's great to have ineffective legislators - at least they can do no harm.
@righthonourablezeus3828
3 жыл бұрын
A self-declared 'leader on this issue' but she just regurgitated commonly known descriptions of the problem that's all. Nothing in the way of solutions or even a broad policy...
@arindamkumar7725
3 жыл бұрын
Governments should not have the power to break up companies.
Пікірлер: 279