Bill Gates doesn't think breakups are the solution to big tech's problems

Bill Gates doesn't think breakups are the solution to big tech's problems 1
Why it matters: Gates is no stranger to antitrust regulators, having publicly gone against the US government during his time at Microsoft in a highly publicized antitrust case in the late 90s. That experience makes what he has to say all the more interesting.

Bill Gates in a recent interview with Bloomberg Television’s Erik Schatzke weighs in on the government’s recent probe into the practices of big technology companies like Amazon, Apple, Facebook and Google.

In a nutshell, Gates said that if a company is behaving badly, the best course of action would be to address the matter directly. “You should just say, okay, that’s a banned behavior.” Splitting a company into two and having two entities doing a bad thing doesn’t seem like a solution, he said.

Gates added that there is a pretty narrow list of things in which a breakup is the right answer to.

[embedded content]

Touching on another sensitive topic, taxes, Gates said companies are behaving totally legally and doing a lot of innovative things with regard to how they structure themselves for the purpose of tax breaks. “People should look if they want to change that going forward, that’s the real question.”

As for social media, Gates said nobody had a crystal ball and could have known that these platforms would radicalize people or split them into different groups. “What the solution should be – you know, have us reading a common front page and not being pulled to extremes,” isn’t necessarily the responsibility of tech companies. “Government really needs to talk about what those rules should be,” he said.

Instead, “it’s up to society to make sure [that the innovation of big tech companies] don’t have negative side effects.”

Masthead credit: Bill Gates by Frederic Legrand – COMEO

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 61,086.00
ethereum
Ethereum (ETH) $ 4,091.20
binance-coin
Binance Coin (BNB) $ 480.26
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.14
solana
Solana (SOL) $ 193.48
xrp
XRP (XRP) $ 1.09
polkadot
Polkadot (DOT) $ 43.51
dogecoin
Dogecoin (DOGE) $ 0.249059
usd-coin
USD Coin (USDC) $ 1.01
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 61,086.00
ethereumEthereum (ETH)
$ 4,091.20
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 630.57
litecoinLitecoin (LTC)
$ 196.43
bitcoinBitcoin (BTC)
52.459,13
ethereumEthereum (ETH)
3.513,42
tetherTether (USDT)
0,858775
bitcoin-cashBitcoin Cash (BCH)
541,52
litecoinLitecoin (LTC)
168,69
bitcoinBitcoin (BTC)
44,328.58
ethereumEthereum (ETH)
2,968.88
tetherTether (USDT)
0.725675
bitcoin-cashBitcoin Cash (BCH)
457.59
litecoinLitecoin (LTC)
142.54

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021

Blockchain/Cryptocurrency Questions and Answers

ICo Presale
The Science Behind ICO Presales…
October 14, 2021
Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin60,272 1.48 % 2.63 % 1.46 %
Ethereum4,038.9 1.76 % 0.50 % 4.78 %
Binance Coin474.16 1.54 % 1.89 % 1.36 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.120 1.50 % 2.25 % 3.02 %
Solana189.38 2.98 % 6.64 % 19.66 %
XRP1.080 1.15 % 1.47 % 5.16 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2661 6.98 % 7.48 % 11.54 %
USD Coin1.000 0.14 % 0.20 % 0.17 %

bitcoin
Bitcoin (BTC) $ 61,086.00
ethereum
Ethereum (ETH) $ 4,091.20
binance-coin
Binance Coin (BNB) $ 480.26
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.14
solana
Solana (SOL) $ 193.48
xrp
XRP (XRP) $ 1.09
polkadot
Polkadot (DOT) $ 43.51
dogecoin
Dogecoin (DOGE) $ 0.249059
usd-coin
USD Coin (USDC) $ 1.01