Lina Khan – FTC Chair on Amazon Antitrust Lawsuit & AI Oversight | The Daily Show

There's been very little that's given me hope for the future like seeing the FTC come back into it's own. Government has so many nasty gnarly aspects to it, but nominally it should be watching out for the American people. And the FTC full well ought to be the tip of the spear at keeping some balance to what would otherwise be a Thomas Piketty-style extractive stratification by the rich. It has been such a delight seeing the slumber of Reagan cast off, seeing the FTC active again. In person interviews are rarely super deep, but it's interesting seeing people get to talk out what they are up to. The interview with Linda Khan at the Daily Show in April was nice to see. ▶ this video Hell yeah this awakening will ruffle some feathers. But my during my entire life it feels like the government has been utterly asleep at the wheel, in max (economic) liberalism overdrive mode. I don't think we can take this denigration much longer; restoring the world so that businesses aren't always leaving us feeling pillaged & blown about capriciously is an enormous phase shift we desperately need, which is integral to believing in some kind of social contract. And ideally the economy can do better if someone is out there defending competition.

Most stuff not easy to describe in a few blurbs, imho. Here’s an article (gift link, so no paywall) that describes the whole situation: link Good interview with Jon Stewart: ▶ this video Simple examples are: - Kroger and Albertson’s (grocery stores) - Illumina and Grail (cancer detection) - Amazon for dark patterns regarding signing up for prime, and for privacy violations with Alexa and Ring - Lost challenge to Microsoft and Activision-Blizzard (good to look into, not sure about the specific case) - FTC released a framework for anti-trust that should be a regulatory win.

I’m so impressed with the FTC lately, here is an excellent interview Jon Stewart did with the FTC chair Lina Khan: ▶ this video I did joke I’m really surprised the vested interests selected someone competent who wants to hold these companies accountable to the public.

Glad to see Corey mention the Steward/Khan interview. Not only did she speak Peoplese, she pretty much sketched out (in the limited time she got) the main forces at work in the past 30 years of monopolization. Now, hoping to see FTC find their big stick. ▶ this video

▶ this video Apple asked Stewart not to have Khan on a podcast. Nor would they let him do the comedic segment on AI.