Senator Warren on Big Tech

       The following is a quote by Senator Elizabeth Warren from an article on medium.com titled Here’s how we can break up Big Tech: “Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation.”

 

Adjustment to that Quote

       Here is a slight adjustment to that quote that seems to make just as much sense: “Today’s Democratic and Republican Parties have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation.”

 

Questions for Senator Warren

       I have a few questions for Senator Warren regarding her quote. Does she believe that the Democratic and Republican Parties hold a monopoly on politics? The answer to that one seems obvious. Does she favor breaking up these political party monopolies like she is in favor of breaking up big tech monopolies? If no, why does she favor breaking up those in one group but not the other? I would be interested in finding out if her rationale for not wanting to break up the Democratic and Republican Parties contradicts her rationale for wanting to break up big tech companies, if this is the position she took.

 

My Take

       While some might be in favor of breaking up big tech companies and others might want to see the two dominant political parties broken up, I would not be in favor of breaking up either directly. Very rarely would I support directly breaking up a company that holds a monopoly in a specific area. Instead, I would encourage competition, better thinking, and smarter strategy for those who want to see monopolies lose some of the great power they have today.