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The Realignment

Ep. 83: Alex Kantrowitz on Breaking Up Big Tech, Stock Market Bubbles, and Which Companies Will Win Post-COVID

The Realignment

The Realignment

Technology, News Commentary, National Security, Marshall Kosloff, International Relations, News, Public Policy, Economics, Politics, Saager Enjeti, U.s. Politics, Policy

4.82.5K Ratings

🗓️ 15 December 2020

⏱️ 70 minutes

🧾️ Download transcript

Summary

Subscribe to The Realignment podcast’s new newsletter via https://therealignment.substack.com/ Alex Kantrowitz, author of Always Day One: How the Tech Titans Plan to Stay on Top Forever and founder of the Big Technology newsletter and podcast, joins The Realignment to discuss the past, present, and future of the tech industry.

Transcript

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0:00.0

Marshall and Saga here welcome back to the realignment

0:09.4

Testless value is is totally out of control and completely irrational listen anyone who believes this market is rational

0:17.0

You want to send me hate mail go ahead. It's totally irrational. It's due to the the factors that

0:22.9

We're living in right now where people have no idea where to put their money

0:26.0

So putting into stock market it doesn't make any sense maybe we'll catch up to those valuations if our economy starts to grow

0:32.2

But I do not see it and I'm not saying Tesla's not a great company. I'm just saying it's overvalued

0:49.5

This week we have an awesome episode of Alex Cantoritz of the big technology

0:55.0

Podcasts and the big technology

0:57.5

Substack Alex was a senior technology reporter at Buzzfeed before he released a book

1:02.3

You should all check out always day one how the tech titans plan to stay on top forever

1:07.6

This was a great show for us to help end the year with if you've noticed the past several months

1:12.9

We focused on the power of the tech industry and the way that all the events during the COVID-19 pandemic have really

1:18.5

Furthered that power so definitely go back and take a listen to our Scott Galilee episode if you haven't done that yet

1:24.2

But the way we ended up approaching this episode we went through

1:28.0

Every single major theme of the industry moving forward from the big IPOs of Airbnb to Amazon's

1:34.6

Dominance during the pandemic to China and Tik Tok to the FTC loss of Instagram

1:39.9

So we cover a lot of things. I really enjoyed speaking with Alex because what he did is that he pushed back and he pointed out

1:46.6

Areas that we just frankly had never thought of one of my favorite points that he made

1:50.4

He's like yeah look like maybe you break up Google, but that actually might empower Apple and I was like oh wow

1:55.5

Like I'd never thought about that before what he's really getting at is there a second third fourth order effects to government policy

2:01.3

I'm not arguing against government policy

2:03.4

But we got to go in a very clear ride with exactly the type of society that we want on the other end

...

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