Why Big Tech’s Congressional Testimony Will Be a Bust

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Later this month, the CEOs of Amazon, Apple, Facebook, and Google will appear before the House Judiciary Antitrust Subcommittee. On PivotPodcast, karaswisher and profgalloway discuss why the group setting puts lawmakers at a disadvantage

He’ll probably do well in front of Congress — if he actually shows up. Photo: Mandel Ngan/AFP via Getty Images Later this month, the CEOs of Amazon, Apple, Facebook, and Google will appear before the House Judiciary Antitrust Subcommittee as part of its investigation into the companies and their dominion over the tech industry.

Subscribe on: Apple Podcast Google Podcast Spotify Scott Galloway: I think we’re already being played. Or I think Congress has already been played. By bringing all four of them, you create this amorphous impression of all of big tech. The reality is it’s kind of the mother of all reduction. Apple is an entirely different company than Facebook. It requires regulation of the app store, or maybe even spinning the chip unit, which no one ever talks about.

Galloway: Yeah, I think it’s going to be like Howard Hughes when he testified, where everyone was worried about it and he ended up making the Senate panel he testified in front of look ridiculous, and he came off looking great. I think Bezos is kind of the Howard Hughes of our generation, minus the neurosis. I think he’s just an incredible visionary. Anyway, I think they’ve already won. I hate to say this. They’re going to be really well-prepared.

Galloway: The thing I think that would add the most value to these is if we could have some sort of citizen representative to ask questions not of the panelists, but of the people that sit on these committees. Swisher: What can they do? I think a lot of the whole Trump thing has shown how little impact Congress really has. They just went on a two week [break] without doing anything about coronavirus, around people’s jobs, around rent, around anything. They couldn’t agree. And so into the void it goes. And I think that’s the issue. What do they have except for calling people together? And there is certain PR-ness to these testimonies.

 

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karaswisher profgalloway LOL these guys are great at this kind of communication... totally respectful while killing you intellectually

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