The richest 1 percent of the world's population now owns more than half of the world's wealth. The calls for breaking up Big Tech companies are growing louder. On this episode, the author of Open Revolution, Rufus Pollock, proposes a solution (think regulation, but on steroids) for wrangling monopolies, sparking innovation, and getting profits into the hands of more people.
GO DEEPER:
"What the California Wildfires Can Teach Us About Data Sharing," Joi Ito writes in Wired. An old monopoly story: the Hush-a-Phone vs AT&T debacle from Atlas Obscura. And a new one: Infinite choices, few distributors in the digital economy from The Open Markets Institute. And the Senate Intelligence Committee's two reports on news manipulation on social media: The Disinformation Report and The Internet Research Agency and Political Polarization in the US.
Who You'll Hear:
@manoushz (Manoush Zomorodi, host of @zigzagpod and cofounder of Stable Genius Productions), @rufuspollock (Rufus Pollock, author of The Open Revolution)
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