connectVideo2020 Democratic presidential candidate Elizabeth Warren proposes the break-up of the big tech companies
Contributor Jehmu Greene and former Obama for America spokesman Zach Friend to weigh on Sen. Elizabeth Warren’s proposal to break the big tech companies.
Beto O’rourke does not agree with fellow 2020 presidential candidate Elizabeth Warren going to break big tech companies like Facebook and Google.
“I’m not sure if five more Facebooks, if you broke Facebook in five parts, or one of these other great social media or technology companies, makes as much sense as regulating them, given the power that they have,” O’rourke said Wednesday in response to a question from CNN.
Warren’s far-reaching proposal, which they described in a post on Medium would see companies like Amazon and Google is designated as the platform tools that could not own marketplaces and participants in the markets. For example, Amazon would no longer be allowed to own Amazon Basis. In addition, it would involve the settlement of mergers such as the Facebook purchase of Instagram and Google’s acquisition of Nest or Ad Sense.
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“The way in which they can be used willingly or not to the undermining of our democracy and affect the outcome of the elections,” O’rourke said. “[The regulation] is the way that I would prefer this country to take, but I am aware how serious this challenge is now for the reasons that I have just described.”
In the announcement of its proposal, Warren noted that “almost half of all e-commerce” in the USA, go through Amazon, while more than 70 percent of all Internet traffic comes from sites that are owned or operated” by Google and Facebook, including sites such as YouTube and Instagram.
In his remarks, O’rourke also made a joke about the fine-print filled with an extremely long terms of service agreements touted by tech companies that most Americans don’t read.
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“Our privacy is violated, we are faced with a 37-page user agreements, and I want the asterisk, in case someone checks — I don’t know how long the user agreements, I’m not going to go through with them I just have to say that I agree, as most people do without knowing a word, that in them,” O’rourke said. “[We need to] regulate them more seriously.”
Beto O’rourke, and Massachusetts Sen. Elizabeth Warren have different ideas about how to tackle the problems of the Large Tech.
Other Democrats running in 2020 have offered their own takes on the backlash against Big Tech.
Pete Buttigieg, the 37-year-old mayor of South Bend, Ind., who formed an exploratory committee in January, told Axios that companies like Facebook and Google are “monopoly” and said that there was a need for stricter regulations on the federal level.
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Vermont Sen. Bernie Sanders has a regular beat Amazon about the treatment of workers, and New Jersey Sen. Cory Booker, long seen as a friend of Silicon Valley, recently said tech companies need to take responsibility for “spreading hatred” in the wake of the New Zealand mosque massacre that was livestreamed on Facebook and then spread virally across multiple social media platforms.
A recent Morning Consult poll found that 52 percent of voters, including 49 percent of Republicans, said regulating Large Tech should be a “top” or “important” priority for the Congress.
Fox News’ Chris Ciaccia, contributed to this report.