Instagram's co-founders slam Elizabeth Warren's proposal to break up tech giants at SXSW, saying it is not 'nuanced'

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Instagram co-founders Kevin Systrom and Mike Krieger said that presidential candidate Elizabeth Warren's proposal of breaking up tech companies wasn't nuanced enough.

on Monday, Systrom initially said"Do we get our job back?," before clarifying that he was joking.

"We live in a time where I think the anger against big tech has increased tenfold," he said."Breaking companies up is a very specific prescription for a very specific problem." "It's going to take a more nuanced proposal, but my fear is that something like a proposal to break up all tech is playing on everyone's current feeling of anti-tech, rather than doing what I think politicians should do, which is address real problems and give real solutions," he said."Better ideas came out because of it — we grew both companies, not just one company," he said.

Source: News Formal (newsformal.com)

 

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Gosh, I'm just so shocked that they would react this way... shocked I say! I didn't see this coming at all. 🤣🤣🤣

Soft narrow-headed tech millionaire afraid of breaking up monopolies. Maybe lick a wallaby nut, sir?

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