NYU's Galloway Says It's Time to Break Up Big Tech

The video discusses the overwhelming market power of major tech companies like Amazon, Facebook, Google, and Apple. It highlights Amazon's dominance in consumer stocks and Facebook's control over app usage. The speaker argues for breaking up these companies to prevent market failure and suggests that regulation might come from outside Washington, possibly from Brussels or red states. The influence of these companies on politics, such as elections and Russian interference, is also examined.

What is the 'Amazon Singularity' as discussed in the video?

• A point where Amazon's influence on consumer stocks is minimal

• A technological advancement by Amazon

• A scenario where Amazon's actions heavily influence consumer stock trading

• A new product line by Amazon

What percentage of app usage time is dominated by Facebook's apps?

• 50%

• 60%

• 80%

• 70%

What is suggested as a way to prevent regulation of tech giants?

• Merging with other companies

• Breaking them up

• Increasing their market share

• Reducing their cash flow

What was the general perception of Facebook's response to political interference?

• It was overly aggressive

• It was too little, too late

• It was timely and effective

• It was unnecessary

Where is the push for regulating or breaking up tech giants expected to come from?

• A red state or Brussels

• Washington

• Silicon Valley

• The United Nations