Pivot More GOP Twitter suspensions, Parler is back, and FTC Commissioner Rebecca Slaughter on the future of big tech
Jan 19, 2021
FTC Commissioner Rebecca Slaughter joins the conversation to unpack the challenges of regulating big tech amidst rising misinformation. She dives into antitrust lawsuits against Facebook, emphasizing the need for effective enforcement to maintain market competition. The discussion also touches on Twitter's controversial suspensions and Parler's comeback, highlighting the urgent demand for accountability across social media platforms. Slaughter offers insights into the FTC's future role in shaping tech regulations under the Biden administration.
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Parler's Resurgence
- Parler's CEO, John Mates, returns with a high-minded message about free speech.
- Scott Galloway sees Parler as a "heat shield" for larger companies like Facebook and Google.
The Algebra of Deterrence
- Implement an "algebra of deterrence" where the likelihood of getting caught times the penalty exceeds the potential upside of breaking the law.
- This has proven effective in other areas, such as college admissions scandals.
FTC's Challenges and Priorities
- The FTC faces challenges in regulating tech due to limited resources and novel legal issues.
- Commissioner Slaughter emphasizes the need for effective deterrence and smarter enforcement strategies.
