1 00:00:05,872 --> 00:00:11,811 ♪ ♪ 2 00:00:11,878 --> 00:00:19,386 ♪ ♪ 3 00:00:19,452 --> 00:00:31,064 ♪ ♪ 4 00:00:31,131 --> 00:00:33,400 [CHEERS AND APPLAUSE] 5 00:00:33,466 --> 00:00:34,434 >> John: WELCOME, WELCOME, 6 00:00:34,501 --> 00:00:35,468 WELCOME TO "LAST WEEK TONIGHT." 7 00:00:35,535 --> 00:00:37,904 I'M JOHN OLIVER. 8 00:00:37,971 --> 00:00:38,505 THANK YOU SO MUCH FOR JOINING 9 00:00:38,571 --> 00:00:38,972 US. 10 00:00:39,038 --> 00:00:39,839 IT'S BEEN ANOTHER BUSY WEEK. 11 00:00:39,906 --> 00:00:41,374 BORIS JOHNSON NARROWLY SURVIVED 12 00:00:41,441 --> 00:00:42,442 A NO-CONFIDENCE VOTE, THE U.S. 13 00:00:42,509 --> 00:00:44,611 POSTAL SERVICE UNVEILED A NANCY 14 00:00:44,677 --> 00:00:45,512 REAGAN STAMP IN AN APPARENT 15 00:00:45,578 --> 00:00:47,547 ATTEMPT TO CANCEL OUT PRIDE 16 00:00:47,614 --> 00:00:49,182 MONTH, AND THE HOUSE COMMITTEE 17 00:00:49,249 --> 00:00:51,618 INVESTIGATING JANUARY 6TH HELD 18 00:00:51,684 --> 00:00:52,185 ITS FIRST PRIME-TIME HEARING, 19 00:00:52,252 --> 00:00:52,652 PROMPTING A CRISIS FOR 20 00:00:52,719 --> 00:00:54,521 CONSERVATIVE MEDIA. 21 00:00:54,587 --> 00:01:01,861 FOX NEWS OPTED NOT TO AIR IT AT 22 00:01:01,928 --> 00:01:05,665 ALL, AND OAN WENT ONE BETTER, 23 00:01:05,732 --> 00:01:08,401 AIRING A TRIBUTE TO TRUMP 24 00:01:08,468 --> 00:01:10,003 INSTEAD, FEATURING THIS 25 00:01:10,069 --> 00:01:10,503 EXQUISITE TRANSITION TO 26 00:01:10,570 --> 00:01:11,237 COMMERCIALS. 27 00:01:11,304 --> 00:01:12,639 >> YOU HAVE INSPIRED COUNTLESS 28 00:01:12,705 --> 00:01:13,306 MILLIONS AND SHOWN OUR NATION 29 00:01:13,373 --> 00:01:14,641 WHAT IT TRULY MEANS TO MAKE 30 00:01:14,707 --> 00:01:16,176 AMERICA GREAT AGAIN. 31 00:01:16,242 --> 00:01:17,110 FOR ONE AMERICA NEWS, I'M 32 00:01:17,177 --> 00:01:18,511 PEARSON SHARP. 33 00:01:18,578 --> 00:01:20,180 >> GENERIC VIAGRA DELIVERED 34 00:01:20,246 --> 00:01:21,181 WITHIN 48 HOURS IN DISCREET 35 00:01:21,247 --> 00:01:23,216 PACKAGING ON APPROVAL. 36 00:01:23,283 --> 00:01:26,186 NO ONE WILL KNOW BUT YOU. 37 00:01:26,252 --> 00:01:28,855 OH, AND YOUR MAILBOX. 38 00:01:28,922 --> 00:01:30,056 [LAUGHTER] 39 00:01:30,123 --> 00:01:30,857 >> John: PERFECT. 40 00:01:30,924 --> 00:01:31,758 ABSOLUTELY NO NOTES. 41 00:01:31,825 --> 00:01:34,894 WITH THE SOLE EXCEPTION OF, 42 00:01:34,961 --> 00:01:36,830 MAYBE SPARE A THOUGHT FOR THE 43 00:01:36,896 --> 00:01:37,797 MAILBOX THERE. 44 00:01:37,864 --> 00:01:38,765 IT JUST GOT GIVEN A RAGING FLAG 45 00:01:38,832 --> 00:01:39,466 BONER BY DISCREETLY PACKAGED 46 00:01:39,532 --> 00:01:40,400 PILLS, AND NOW IT JUST NEEDS TO 47 00:01:40,467 --> 00:01:41,134 SIT THERE FRUSTRATED AND HOPE 48 00:01:41,201 --> 00:01:43,670 FOR A PIGEON TO LAND JUST RIGHT. 49 00:01:43,736 --> 00:01:45,038 [LAUGHTER] 50 00:01:45,104 --> 00:01:45,972 BUT WE'RE GOING TO START BY 51 00:01:46,039 --> 00:01:46,473 CHECKING IN ON THE 52 00:01:46,539 --> 00:01:47,707 MIDTERM ELECTIONS AGAIN. 53 00:01:47,774 --> 00:01:48,541 THIS TIME, IN ARIZONA, CURRENTLY 54 00:01:48,608 --> 00:01:49,175 REPRESENTED BY TWO DEMOCRATS IN 55 00:01:49,242 --> 00:01:50,143 THE SENATE. 56 00:01:50,210 --> 00:01:51,444 KYRSTEN SINEMA, THE ONLY 57 00:01:51,511 --> 00:01:52,412 SENATOR WHO SEEMS TO BUY ALL HER 58 00:01:52,479 --> 00:01:53,446 CLOTHES EXCLUSIVELY FROM 59 00:01:53,513 --> 00:01:56,850 GIRLBOSS PYRAMID SCHEMES. 60 00:01:56,916 --> 00:01:57,784 [LAUGHTER] 61 00:01:57,851 --> 00:01:58,785 AND MARK KELLY, WHO'S UP FOR 62 00:01:58,852 --> 00:01:59,619 REELECTION. 63 00:01:59,686 --> 00:02:00,353 REPUBLICANS THINK THEY HAVE A 64 00:02:00,420 --> 00:02:01,421 REAL CHANCE OF UNSEATING HIM, 65 00:02:01,488 --> 00:02:02,188 WHICH HAS LED TO A COMPETITIVE 66 00:02:02,255 --> 00:02:03,456 PRIMARY. 67 00:02:03,523 --> 00:02:04,691 THE BEST-KNOWN CONTENDER IS 68 00:02:04,757 --> 00:02:05,959 PROBABLY MARK BRNOVICH, 69 00:02:06,025 --> 00:02:07,527 ARIZONA'S CURRENT AG, WHOSE 70 00:02:07,594 --> 00:02:08,495 WHOLE VIBE CAN PROBABLY BEST BE 71 00:02:08,561 --> 00:02:10,296 SUMMED UP BY THIS VIDEO HE 72 00:02:10,363 --> 00:02:11,764 RELEASED TO CELEBRATE THE END OF 73 00:02:11,831 --> 00:02:13,533 THE STATE'S BAN ON NUNCHUCKS, 74 00:02:13,600 --> 00:02:14,601 WHICH PROVED SO POPULAR, HE 75 00:02:14,667 --> 00:02:16,970 LATER RELEASED THIS SEQUEL: 76 00:02:17,036 --> 00:02:17,470 >> PEOPLE, YOU WANT MORE 77 00:02:17,537 --> 00:02:24,577 CHUCKS? 78 00:02:24,644 --> 00:02:29,482 [LAUGHTER] 79 00:02:29,549 --> 00:02:30,750 >> John: I KNOW THAT'S 80 00:02:30,817 --> 00:02:31,918 RIDICULOUS, BUT I'M PERSONALLY 81 00:02:31,985 --> 00:02:32,886 ENJOYING DANNY McBRIDE'S NEWEST 82 00:02:32,952 --> 00:02:33,820 CHARACTER AND I'M EXCITED TO SEE 83 00:02:33,887 --> 00:02:38,491 WHERE HE GOES WITH IT. 84 00:02:38,558 --> 00:02:39,359 BUT BURNOVICH FACES RESISTANCE 85 00:02:39,425 --> 00:02:40,360 FROM DIE-HARD TRUMP SUPPORTERS, 86 00:02:40,426 --> 00:02:40,994 WHO FEEL HE DIDN'T DO ENOUGH TO 87 00:02:41,060 --> 00:02:41,861 TRY AND OVERTURN THE 2020 88 00:02:41,928 --> 00:02:42,462 ELECTION. 89 00:02:42,529 --> 00:02:45,365 WHICH HAS OPENED UP SPACE FOR 90 00:02:45,431 --> 00:02:49,002 CANDIDATES LIKE JIM LAMON, 91 00:02:49,068 --> 00:02:51,771 A RETIRED ENERGY EXECUTIVE WHO 92 00:02:51,838 --> 00:02:52,539 HAS MADE WAVES WITH THIS TV 93 00:02:52,605 --> 00:02:53,640 SPOT: 94 00:02:53,706 --> 00:02:54,507 >> THE GOOD PEOPLE OF ARIZONA 95 00:02:54,574 --> 00:02:56,109 HAVE HAD ENOUGH OF YOU. 96 00:02:56,175 --> 00:02:59,479 IT'S TIME FOR A SHOWDOWN. 97 00:02:59,546 --> 00:03:04,117 ♪ ♪ 98 00:03:04,183 --> 00:03:04,951 I'M JIM LAMON AND I APPROVE THIS 99 00:03:05,018 --> 00:03:07,253 MESSAGE. 100 00:03:07,320 --> 00:03:08,321 >> John: WELL, YOU SHOULDN'T 101 00:03:08,388 --> 00:03:09,989 HAVE APPROVED IT, JIM, BECAUSE 102 00:03:10,056 --> 00:03:12,492 YOUR AD IS TERRIBLE. 103 00:03:12,559 --> 00:03:16,262 "SHIFTY KELLY" IS SUPPOSED TO BE 104 00:03:16,329 --> 00:03:17,297 MARK KELLY, WHO'S MARRIED TO 105 00:03:17,363 --> 00:03:17,997 GABBY GIFFORDS, WHO SURVIVED 106 00:03:18,064 --> 00:03:18,831 BEING SHOT IN THE HEAD IN 2011. 107 00:03:18,898 --> 00:03:19,866 SO SHOOTING AT HER HUSBAND IS, 108 00:03:19,933 --> 00:03:22,235 AT BEST, INSENSITIVE. 109 00:03:22,302 --> 00:03:23,403 IT'S FRANKLY AMAZING A GROWN MAN 110 00:03:23,469 --> 00:03:24,571 DRESSED IN A SHERIFF COSTUME 111 00:03:24,637 --> 00:03:25,638 THAT LOOKS LIKE IT WAS 112 00:03:25,705 --> 00:03:27,574 DISCONTINUED BY PARTY CITY IS 113 00:03:27,640 --> 00:03:28,441 SOMEHOW JUST THE SECOND MOST 114 00:03:28,508 --> 00:03:30,710 DISTASTEFUL PART OF THAT AD. 115 00:03:30,777 --> 00:03:32,078 BUT SURPRISINGLY, TRUMP DIDN'T 116 00:03:32,145 --> 00:03:33,012 ENDORSE LAMON, EITHER. 117 00:03:33,079 --> 00:03:33,846 INSTEAD, HE'S ENDORSED 118 00:03:33,913 --> 00:03:35,782 BLAKE MASTERS. 119 00:03:35,848 --> 00:03:37,150 AND IF YOU THINK HIS NAME ALONE 120 00:03:37,216 --> 00:03:38,551 MAKES HIM SOUND LIKE A THIRD 121 00:03:38,618 --> 00:03:41,821 TIER BOND VILLAIN WAIT UNTIL YOU 122 00:03:41,888 --> 00:03:43,022 HEAR ABOUT HIS EVERYTHING 123 00:03:43,089 --> 00:03:44,123 ELSE. 124 00:03:44,190 --> 00:03:44,958 BECAUSE MASTERS IS A PETER 125 00:03:45,024 --> 00:03:45,925 THIEL-BACKED, SELF-DESCRIBED 126 00:03:45,992 --> 00:03:47,093 "CONSERVATIVE NATIONALIST." 127 00:03:47,160 --> 00:03:48,261 AND SINCE TRUMP'S ENDORSEMENT, 128 00:03:48,328 --> 00:03:49,729 THINGS HAVE STARTED TO SURFACE 129 00:03:49,796 --> 00:03:52,899 ABOUT HIM, LIKE THIS AUDIO, FROM 130 00:03:52,966 --> 00:03:55,268 A PODCAST THAT HE APPEARED ON 131 00:03:55,335 --> 00:03:56,069 BACK IN APRIL. 132 00:03:56,135 --> 00:03:56,703 >> WE DO HAVE A GUN VIOLENCE IN 133 00:03:56,769 --> 00:03:58,438 THIS COUNTRY AND IT'S GANG 134 00:03:58,504 --> 00:03:58,771 VIOLENCE. 135 00:03:58,838 --> 00:03:59,739 RIGHT? 136 00:03:59,806 --> 00:04:01,274 IT'S GANGS, IT'S PEOPLE IN 137 00:04:01,341 --> 00:04:06,446 CHICAGO, ST. LOUIS, SHOOTING 138 00:04:06,512 --> 00:04:08,514 EACH OTHER. 139 00:04:08,581 --> 00:04:09,549 VERY OFTEN, YOU KNOW, BLACK 140 00:04:09,616 --> 00:04:10,550 PEOPLE, FRANKLY. 141 00:04:10,617 --> 00:04:11,117 >> John: OKAY, BLAMING BLACK 142 00:04:11,184 --> 00:04:12,285 PEOPLE FOR GUN VIOLENCE IN 143 00:04:12,352 --> 00:04:12,885 AMERICA IS JUST OUTRAGEOUSLY, 144 00:04:12,952 --> 00:04:14,354 UNCREATIVELY RACIST. 145 00:04:14,420 --> 00:04:15,288 BUT ALSO UNSURPRISING FROM 146 00:04:15,355 --> 00:04:16,122 SOMEONE WHO -- AND THIS IS 147 00:04:16,189 --> 00:04:17,490 TRUE -- WAS CALLED AN 148 00:04:17,557 --> 00:04:18,524 "IMMIGRATION PATRIOT" BY THE 149 00:04:18,591 --> 00:04:20,560 WHITE NATIONALIST WEBSITE 150 00:04:20,627 --> 00:04:21,694 V-DARE, WHICH PRAISED HIM, 151 00:04:21,761 --> 00:04:22,328 SAYING HE "CHECKS ALL THE RIGHT 152 00:04:22,395 --> 00:04:23,863 BOXES." 153 00:04:23,930 --> 00:04:25,098 AND "HE'S AN IMMIGRATION PATRIOT 154 00:04:25,164 --> 00:04:26,633 WHO CHECKS ALL THE WHITE 155 00:04:26,699 --> 00:04:27,967 SUPREMACIST BOXES" JUST ISN'T 156 00:04:28,034 --> 00:04:28,735 WHAT YOU WANT TO HEAR ABOUT A 157 00:04:28,801 --> 00:04:30,570 MAN RUNNING FOR OFFICE. 158 00:04:30,637 --> 00:04:31,304 YOU DON'T EVEN WANT TO HEAR IT 159 00:04:31,371 --> 00:04:31,871 IN A "SEX AND THE CITY" 160 00:04:31,938 --> 00:04:33,339 VOICEOVER. 161 00:04:33,406 --> 00:04:35,441 THAT NIGHT, CHARLOTTE MET 162 00:04:35,508 --> 00:04:36,609 BLAKE, WHO WAS AN IMMIGRATION 163 00:04:36,676 --> 00:04:37,777 PATRIOT WHO CHECKED ALL THE 164 00:04:37,844 --> 00:04:39,545 BOXES, AND I COULDN'T HELP BUT 165 00:04:39,612 --> 00:04:40,246 WONDER: WERE WE ALL JUST 166 00:04:40,313 --> 00:04:41,547 SEARCHING FOR OUR WHITE KNIGHT? 167 00:04:41,614 --> 00:04:43,783 [LAUGHTER] 168 00:04:43,850 --> 00:04:46,052 MASTERS ALSO EMBRACES A NATIONAL 169 00:04:46,119 --> 00:04:49,122 ABORTION BAN, HAS QUESTIONED 170 00:04:49,188 --> 00:04:51,391 WHETHER JANUARY 6TH WAS SET UP 171 00:04:51,457 --> 00:04:52,558 BY THE FBI. 172 00:04:52,625 --> 00:04:53,192 AND THEN THERE'S THIS INTERVIEW, 173 00:04:53,259 --> 00:04:54,127 IN WHICH HE CHOOSES THE EXACT 174 00:04:54,193 --> 00:04:55,795 WRONG ANSWER TO THE SOFTBALL 175 00:04:55,862 --> 00:04:56,596 QUESTION, "WHO'S A SUBVERSIVE 176 00:04:56,663 --> 00:04:57,730 THINKER WHO'S UNDERRATED?" 177 00:04:57,797 --> 00:04:59,766 >> SUBVERSIVE THINKER THAT'S 178 00:04:59,832 --> 00:05:00,066 UNDERRATED? 179 00:05:00,133 --> 00:05:04,037 >> YEAH. 180 00:05:04,103 --> 00:05:04,804 >> I'LL PROBABLY GET IN TROUBLE 181 00:05:04,871 --> 00:05:06,606 FOR SAYING THIS. 182 00:05:06,673 --> 00:05:08,574 I MEAN, I'D SAY, HOW ABOUT, 183 00:05:08,641 --> 00:05:09,208 LIKE, THEODORE KACZYNSKI? 184 00:05:09,275 --> 00:05:10,877 >> GOOD! 185 00:05:10,943 --> 00:05:13,913 GOOD ONE, ACTUALLY, YEAH. 186 00:05:13,980 --> 00:05:16,416 >> UH, PROBABLY NOT GREAT TO BE 187 00:05:16,482 --> 00:05:17,950 TALKING ABOUT THE UNABOMBER 188 00:05:18,017 --> 00:05:19,185 WHILE CAMPAIGNING. 189 00:05:19,252 --> 00:05:20,219 [LAUGHTER] 190 00:05:20,286 --> 00:05:22,188 >> John: YEAH, PROBABLY NOT! 191 00:05:22,255 --> 00:05:23,122 ALSO, I'M SORRY, "THEODORE 192 00:05:23,189 --> 00:05:24,657 KACZYNSKI?" 193 00:05:24,724 --> 00:05:25,291 WHAT ARE YOU, HIS MOM WHEN HE'S 194 00:05:25,358 --> 00:05:27,460 IN TROUBLE? 195 00:05:27,527 --> 00:05:28,628 THEODORE JOHN KACZYNSKI, HAVE 196 00:05:28,695 --> 00:05:29,462 YOU BEEN SENDING MAIL BOMBS TO 197 00:05:29,529 --> 00:05:30,563 AIRLINES AND UNIVERSITIES AROUND 198 00:05:30,630 --> 00:05:31,464 THE COUNTRY FROM A REMOTE CABIN 199 00:05:31,531 --> 00:05:34,434 IN THE MONTANA WILDERNESS? 200 00:05:34,500 --> 00:05:35,635 YOU ARE SO GROUNDED, MISTER! 201 00:05:35,702 --> 00:05:38,004 NAUGHTY THEODORE! 202 00:05:38,071 --> 00:05:39,405 [LAUGHTER] 203 00:05:39,472 --> 00:05:41,407 NOW, MASTERS INSISTS HE DOESN'T 204 00:05:41,474 --> 00:05:42,842 ENDORSE THE "BOMB" ASPECT OF THE 205 00:05:42,909 --> 00:05:44,544 UNABOMBER, WHICH WAS A PRETTY 206 00:05:44,610 --> 00:05:45,111 KEY PART OF HIS WHOLE DEAL. 207 00:05:45,178 --> 00:05:45,945 [LAUGHTER] 208 00:05:46,012 --> 00:05:46,779 BUT UNSURPRISINGLY, JIM LAMON 209 00:05:46,846 --> 00:05:49,549 HAS NOW PRODUCED AN ATTACK AD 210 00:05:49,615 --> 00:05:50,750 FEATURING THAT AND MANY OTHER 211 00:05:50,817 --> 00:05:51,918 TERRIBLE THINGS MASTERS HAS 212 00:05:51,984 --> 00:05:52,618 SAID, AND HIS PUSHBACK TO THAT 213 00:05:52,685 --> 00:05:53,986 WAS FULL OF EVEN MORE RED FLAGS. 214 00:05:54,053 --> 00:05:55,688 >> LOOK, AS MY COMPETITORS 215 00:05:55,755 --> 00:05:56,923 SELF-DESTRUCT, I'M SURE THESE 216 00:05:56,989 --> 00:05:57,457 ATTACKS ARE ONLY GOING TO 217 00:05:57,523 --> 00:05:58,725 INCREASE. 218 00:05:58,791 --> 00:06:00,259 RIGHT, THEY'LL INTERVIEW MY 219 00:06:00,326 --> 00:06:00,860 CLASSMATES FROM MIDDLE SCHOOL. 220 00:06:00,927 --> 00:06:02,729 THEY'LL PORE OVER WHATEVER I MAY 221 00:06:02,795 --> 00:06:03,629 HAVE WRITTEN AS A TEENAGER, TRY 222 00:06:03,696 --> 00:06:04,097 TO TWIST IT ALL OUT OF 223 00:06:04,163 --> 00:06:05,565 PROPORTION. 224 00:06:05,631 --> 00:06:07,533 BUT I'M NOT GOING TO GET SUCKED 225 00:06:07,600 --> 00:06:08,267 INTO THAT KIND OF PETTY, DIRTY 226 00:06:08,334 --> 00:06:09,769 POLITICS. 227 00:06:09,836 --> 00:06:12,572 >> John: HOLY SHIT. 228 00:06:12,638 --> 00:06:14,307 "THEY'LL PORE OVER WHAT I MAY 229 00:06:14,373 --> 00:06:14,907 HAVE WRITTEN AS A TEENAGER" IS 230 00:06:14,974 --> 00:06:15,575 JUST NOT A NORMAL THING TO WORRY 231 00:06:15,641 --> 00:06:17,677 ABOUT. 232 00:06:17,744 --> 00:06:18,411 [LAUGHTER] 233 00:06:18,478 --> 00:06:19,412 IT'S LIKE SAYING, "MY PETTY 234 00:06:19,479 --> 00:06:20,446 OPPONENTS WILL GO FROM DOG POUND 235 00:06:20,513 --> 00:06:21,380 TO DOG POUND, ASKING THE STAFF 236 00:06:21,447 --> 00:06:23,983 WHAT I MAY HAVE DONE WITH ALL 237 00:06:24,050 --> 00:06:24,383 THOSE STRAY DOGS. 238 00:06:24,450 --> 00:06:26,219 CLASSIC PETTY, DIRTY POLITICS." 239 00:06:26,285 --> 00:06:28,221 EXCEPT, NO, IT ISN'T, BLAKE! 240 00:06:28,287 --> 00:06:32,759 IT'S WEIRD, SPECIFIC POLITICS 241 00:06:32,825 --> 00:06:33,493 THAT WE NOW NEED TO KNOW A LOT 242 00:06:33,559 --> 00:06:34,927 MORE ABOUT. 243 00:06:34,994 --> 00:06:35,561 LOOK, THIS PRIMARY IS VERY MUCH 244 00:06:35,628 --> 00:06:36,462 UP IN THE AIR. 245 00:06:36,529 --> 00:06:38,431 AND WE DON'T KNOW WHETHER IT'LL 246 00:06:38,498 --> 00:06:38,898 GO TO NUNCHUCKS McGEE, 247 00:06:38,965 --> 00:06:39,799 THE WORLD'S MOST PATHETIC 248 00:06:39,866 --> 00:06:40,666 COWBOY, OR A GUY WHO LIKED THE 249 00:06:40,733 --> 00:06:41,300 UNABOMBER'S EARLIER, FUNNIER 250 00:06:41,367 --> 00:06:43,703 STUFF. 251 00:06:43,770 --> 00:06:44,771 [LAUGHTER] 252 00:06:44,837 --> 00:06:45,671 WHAT WE DO KNOW, THOUGH, IS 253 00:06:45,738 --> 00:06:46,973 THINGS ARE GOING TO INTENSIFY IN 254 00:06:47,039 --> 00:06:47,940 ARIZONA OVER THE NEXT COUPLE OF 255 00:06:48,007 --> 00:06:48,574 MONTHS, THAT THESE RESULTS COULD 256 00:06:48,641 --> 00:06:50,176 WELL SHIFT THE BALANCE OF POWER 257 00:06:50,243 --> 00:06:50,777 IN THE SENATE, AND THAT, 258 00:06:50,843 --> 00:06:52,011 CRUCIALLY, SOMEONE PROBABLY 259 00:06:52,078 --> 00:06:53,146 NEEDS TO INTERVIEW BLAKE MASTERS 260 00:06:53,212 --> 00:06:54,614 MIDDLE SCHOOL CLASSMATES AS SOON 261 00:06:54,680 --> 00:06:55,581 AS POSSIBLE. 262 00:06:55,648 --> 00:06:56,516 [LAUGHTER] 263 00:06:56,582 --> 00:07:01,154 AND NOW, THIS. 264 00:07:01,220 --> 00:07:02,655 >> Announcer: AND NOW, SEAN 265 00:07:02,722 --> 00:07:05,258 HANNITY'S FAVORITE JOKE. 266 00:07:05,324 --> 00:07:08,361 >> TO COIN A PHRASE, WAS A TOTAL 267 00:07:08,427 --> 00:07:10,530 SCHIFF SHOW IF YOU KNOW WHAT I 268 00:07:10,596 --> 00:07:12,331 MEAN. 269 00:07:12,398 --> 00:07:16,769 >> WE CALL IT THE 2022 ADAM 270 00:07:16,836 --> 00:07:17,203 SCHIFF SHOW. 271 00:07:17,270 --> 00:07:18,271 >> CAPITOL HILL HAS DESCENDED 272 00:07:18,337 --> 00:07:21,674 INTO A ADAM SCHIFF SHOW. 273 00:07:21,741 --> 00:07:22,108 >> ADAM SCHIFF SHOW. 274 00:07:22,175 --> 00:07:26,312 >> THIS LATEST SCHIFF SHOW. 275 00:07:26,379 --> 00:07:33,119 >> A MOSCOW DOESN'T GIVE A ADAM 276 00:07:33,186 --> 00:07:34,987 SCHIFF ABOUT SANCTIONS. 277 00:07:35,054 --> 00:07:37,657 >> SPEAKING OF THEIR ADAM SCHIFF 278 00:07:37,723 --> 00:07:40,226 HOLE. 279 00:07:40,293 --> 00:07:43,362 >> BOMBED THE LIVING SCHIFF OUT 280 00:07:43,429 --> 00:07:43,663 OF ISIS. 281 00:07:43,729 --> 00:07:46,933 >> OF THAT IS TOTAL BULL-SCHIFF. 282 00:07:46,999 --> 00:07:51,137 >> TOTAL B.S., OR TOTAL B 283 00:07:51,204 --> 00:07:52,371 SCHIFF, ADAM SCHIFF. 284 00:07:52,438 --> 00:07:54,574 GUESS WHAT, SPOTIFY IS IN DEEP 285 00:07:54,640 --> 00:07:58,444 TROUBLE, OR ADAM SCHIFF, AS 286 00:07:58,511 --> 00:08:00,680 I CALL IT. 287 00:08:00,746 --> 00:08:01,581 [LAUGHTER] 288 00:08:01,647 --> 00:08:02,648 >> John: MOVING ON. 289 00:08:02,715 --> 00:08:03,783 OUR MAIN STORY TONIGHT CONCERNS 290 00:08:03,850 --> 00:08:04,417 THE INTERNET, A WORLD-CHANGING 291 00:08:04,483 --> 00:08:05,251 RESOURCE THAT WAS INITIALLY SOLD 292 00:08:05,318 --> 00:08:06,219 TO US LIKE THIS: 293 00:08:06,285 --> 00:08:06,953 >> WE INSTALLED THE INTERNET ON 294 00:08:07,019 --> 00:08:08,020 OUR COMPUTER JUST A SHORT TIME 295 00:08:08,087 --> 00:08:09,055 AGO AND I HAVEN'T BEEN ABLE TO 296 00:08:09,121 --> 00:08:10,456 GET THE KIDS OFF IT EVER SINCE. 297 00:08:10,523 --> 00:08:11,557 >> NOT ONLY DO THEY PLAY THE 298 00:08:11,624 --> 00:08:12,625 TYPICAL COMPUTER GAMES THAT ALL 299 00:08:12,692 --> 00:08:13,492 THE KIDS ENJOY, BUT THEIR 300 00:08:13,559 --> 00:08:14,827 CURIOSITY FOR LEARNING HAS 301 00:08:14,894 --> 00:08:16,195 SKYROCKETED. 302 00:08:16,262 --> 00:08:18,865 PETER IS CONSTANTLY QUOTING 303 00:08:18,931 --> 00:08:19,899 SPORTS STATISTICS, AND HE CAN 304 00:08:19,966 --> 00:08:20,800 TELL YOU THE BEST SURFING SPOTS 305 00:08:20,867 --> 00:08:22,168 AROUND THE GLOBE. 306 00:08:22,235 --> 00:08:22,935 >> NOT TO MENTION THE 307 00:08:23,002 --> 00:08:24,770 IMPROVEMENT IN PETER'S GRADES. 308 00:08:24,837 --> 00:08:26,939 AND DASHA'S, TOO. 309 00:08:27,006 --> 00:08:28,007 >> John: OKAY, FIRST, PETER WAS 310 00:08:28,074 --> 00:08:28,841 NOT CHECKING SURFING SPOTS OR 311 00:08:28,908 --> 00:08:31,811 SPORTS STATISTICS. 312 00:08:31,878 --> 00:08:34,780 PETER WAS MASTURBATING. 313 00:08:34,847 --> 00:08:35,348 [LAUGHTER] 314 00:08:35,414 --> 00:08:38,217 THAT IS WHAT PETER WAS DOING. 315 00:08:38,284 --> 00:08:39,151 BUT SPARE A THOUGHT FOR DASHA 316 00:08:39,218 --> 00:08:40,353 THERE, WHO JUST GETS "ALSO GOOD 317 00:08:40,419 --> 00:08:40,586 GRADES." 318 00:08:40,653 --> 00:08:41,454 YOU DESERVE BETTER, DASHA. 319 00:08:41,520 --> 00:08:42,255 I HOPE YOU GREW UP TO BE AN 320 00:08:42,321 --> 00:08:43,022 EARLY INVESTOR IN CELLPHONES, 321 00:08:43,089 --> 00:08:43,923 MADE MILLIONS OF DOLLARS AND 322 00:08:43,990 --> 00:08:44,991 NEVER SPOKE TO YOUR WEIRD FAMILY 323 00:08:45,057 --> 00:08:45,791 EVER AGAIN. 324 00:08:45,858 --> 00:08:46,792 SPECIFICALLY, WE'RE GOING TO 325 00:08:46,859 --> 00:08:47,960 TALK ABOUT THE FACT OUR 326 00:08:48,027 --> 00:08:48,761 EXPERIENCES ON THE INTERNET ARE 327 00:08:48,828 --> 00:08:50,096 NOW DOMINATED BY A VERY SMALL 328 00:08:50,162 --> 00:08:51,364 HANDFUL OF COMPANIES, WHO ARE 329 00:08:51,430 --> 00:08:52,265 GETTING PRETTY USED TO THROWING 330 00:08:52,331 --> 00:08:53,933 THEIR WEIGHT AROUND. 331 00:08:54,000 --> 00:08:54,934 IN 2020, THE HOUSE JUDICIARY 332 00:08:55,001 --> 00:08:56,302 SUBCOMMITTEE ON ANTITRUST 333 00:08:56,369 --> 00:08:57,937 RELEASED A MASSIVE 334 00:08:58,004 --> 00:08:59,472 450-PAGE REPORT DETAILING 335 00:08:59,538 --> 00:09:01,374 ANTICOMPETITIVE CONDUCT BY 336 00:09:01,440 --> 00:09:03,542 APPLE, AMAZON, FACEBOOK, AND 337 00:09:03,609 --> 00:09:04,477 ALPHABET -- THAT'S THE PARENT 338 00:09:04,543 --> 00:09:05,845 COMPANY OF GOOGLE. 339 00:09:05,912 --> 00:09:07,346 AND THE FINDINGS COULDN'T HAVE 340 00:09:07,413 --> 00:09:09,515 BEEN CLEARER: EACH PLATFORM 341 00:09:09,582 --> 00:09:10,583 SERVES AS A GATEKEEPER OVER A 342 00:09:10,650 --> 00:09:11,717 KEY CHANNEL OF DISTRIBUTION, 343 00:09:11,784 --> 00:09:13,185 ALLOWING THESE GIANTS TO PICK 344 00:09:13,252 --> 00:09:13,819 WINNERS AND LOSERS THROUGHOUT 345 00:09:13,886 --> 00:09:15,855 OUR ECONOMY. 346 00:09:15,922 --> 00:09:16,756 AND I KNOW, FOR SOME, THAT'S 347 00:09:16,822 --> 00:09:18,824 PART OF THE APPEAL. 348 00:09:18,891 --> 00:09:20,426 >> APPLE'S THE EMPIRE OF THE 349 00:09:20,493 --> 00:09:21,093 SMARTPHONE WITH ALL ITS 350 00:09:21,160 --> 00:09:22,361 ATTENDANT SERVICES. 351 00:09:22,428 --> 00:09:22,995 FACEBOOK IS THE REPOSITORY OF 352 00:09:23,062 --> 00:09:24,430 YOUR IDENTITY. 353 00:09:24,497 --> 00:09:25,364 AMAZON'S THE ONLINE WORLD 354 00:09:25,431 --> 00:09:27,099 BACKED BY CLOUD INFRASTRUCTURE. 355 00:09:27,166 --> 00:09:27,667 AND ALPHABET IS ALL THINGS 356 00:09:27,733 --> 00:09:29,101 SEARCH. 357 00:09:29,168 --> 00:09:30,102 NOW, THESE COMPANIES HAVE ALL 358 00:09:30,169 --> 00:09:31,370 CREATED INCREDIBLE PRODUCTS THAT 359 00:09:31,437 --> 00:09:32,905 WE CAN'T LIVE WITHOUT. 360 00:09:32,972 --> 00:09:34,373 THEY ARE GARGANTUAN BUSINESSES 361 00:09:34,440 --> 00:09:35,474 THAT ARE, FOR THE MOST PART, 362 00:09:35,541 --> 00:09:38,077 LOVED AND RESPECTED BY THE MOST 363 00:09:38,144 --> 00:09:38,844 IMPORTANT PEOPLE, THEIR 364 00:09:38,911 --> 00:09:39,512 CUSTOMERS. 365 00:09:39,578 --> 00:09:40,579 ARE THEY MONOPOLISTS? 366 00:09:40,646 --> 00:09:41,747 I HONESTLY DON'T CARE! 367 00:09:41,814 --> 00:09:42,949 I DON'T! 368 00:09:43,015 --> 00:09:43,716 WAKE ME UP WHEN SOMEONE ELSE CAN 369 00:09:43,783 --> 00:09:46,352 DO IT BETTER! 370 00:09:46,419 --> 00:09:46,953 >> John: OKAY, THERE ARE A FEW 371 00:09:47,019 --> 00:09:47,787 PROBLEMS WITH THAT. 372 00:09:47,853 --> 00:09:51,324 FIRST, IN ORDER TO BE WOKEN UP, 373 00:09:51,390 --> 00:09:53,326 AT SOME POINT YOU DO NEED TO GO 374 00:09:53,392 --> 00:09:54,360 TO SLEEP, SOMETHING I FEEL LIKE 375 00:09:54,427 --> 00:09:55,127 JIM CRAMER -- A MAN WHO 376 00:09:55,194 --> 00:09:56,562 CONSTANTLY EXUDES BIG "RUNNING 377 00:09:56,629 --> 00:09:57,463 LATE TO MY CHILD'S THING" 378 00:09:57,530 --> 00:09:58,331 ENERGY -- HASN'T DONE IN THE 379 00:09:58,397 --> 00:10:00,166 LAST DECADE. 380 00:10:00,232 --> 00:10:01,067 BUT SECOND, A BIG THING THESE 381 00:10:01,133 --> 00:10:02,468 COMPANIES ARE ACCUSED OF DOING 382 00:10:02,535 --> 00:10:04,804 IS SUPPRESSING THEIR COMPETITION 383 00:10:04,870 --> 00:10:05,938 SO COMPLETELY THAT WE'D NEVER 384 00:10:06,005 --> 00:10:06,706 ACTUALLY KNOW IF SOMEONE ELSE 385 00:10:06,772 --> 00:10:07,873 COULD DO IT BETTER, BECAUSE 386 00:10:07,940 --> 00:10:08,874 THEY'LL NEVER GET A FAIR CHANCE 387 00:10:08,941 --> 00:10:10,042 TO TRY. 388 00:10:10,109 --> 00:10:12,011 THAT IS THE PROBLEM HERE. 389 00:10:12,078 --> 00:10:13,012 IT'S NOT THAT TECH COMPANIES ARE 390 00:10:13,079 --> 00:10:14,480 INHERENTLY BAD BECAUSE THEY ARE 391 00:10:14,547 --> 00:10:15,381 BIG -- IT'S THAT THEY'RE 392 00:10:15,448 --> 00:10:16,415 ENGAGING IN ANTICOMPETITIVE 393 00:10:16,482 --> 00:10:17,483 BEHAVIOR. 394 00:10:17,550 --> 00:10:19,819 AND HERE'S WHERE, UNUSUALLY, I 395 00:10:19,885 --> 00:10:20,820 MIGHT ACTUALLY HAVE SOME GOOD 396 00:10:20,886 --> 00:10:21,487 NEWS. 397 00:10:21,554 --> 00:10:24,890 BECAUSE THERE ARE TWO BILLS 398 00:10:24,957 --> 00:10:27,860 BEFORE CONGRESS RIGHT NOW WITH 399 00:10:27,927 --> 00:10:28,461 BIPARTISAN SUPPORT THAT COULD 400 00:10:28,527 --> 00:10:29,061 CURTAIL AT LEAST SOME OF BIG 401 00:10:29,128 --> 00:10:29,996 TECH'S EXCESSES. 402 00:10:30,062 --> 00:10:30,896 BUT FOR REASONS WE'LL GET INTO 403 00:10:30,963 --> 00:10:32,164 LATER, IF THEY DON'T PASS IN THE 404 00:10:32,231 --> 00:10:32,898 NEXT MONTH OR SO, THEY'RE NOT 405 00:10:32,965 --> 00:10:35,301 LIKELY TO PASS AT ALL. 406 00:10:35,368 --> 00:10:36,802 SO, TONIGHT, LET'S TALK ABOUT 407 00:10:36,869 --> 00:10:37,903 TECH MONOPOLIES, THE HIDDEN HARM 408 00:10:37,970 --> 00:10:38,738 THEY CAN DO, AND HOW BEST TO 409 00:10:38,804 --> 00:10:39,972 ADDRESS THAT. 410 00:10:40,039 --> 00:10:40,606 AND LET'S START WITH A TINY BIT 411 00:10:40,673 --> 00:10:42,942 OF HISTORY. 412 00:10:43,009 --> 00:10:44,777 BECAUSE IN THE PAST, THE U.S. 413 00:10:44,844 --> 00:10:45,611 HAS ACTUALLY TAKEN STRONG ACTION 414 00:10:45,678 --> 00:10:47,680 TO BREAK UP HARMFUL MONOPOLIES. 415 00:10:47,747 --> 00:10:48,414 IN THE EARLY 20TH CENTURY, WE 416 00:10:48,481 --> 00:10:49,849 BROKE UP STANDARD OIL. 417 00:10:49,915 --> 00:10:51,117 AND AS RECENTLY AS 40 YEARS 418 00:10:51,183 --> 00:10:53,119 AGO, THE GOVERNMENT TOOK ACTION 419 00:10:53,185 --> 00:10:54,854 AGAINST, WHO ELSE, BUT AT&T, OUR 420 00:10:54,920 --> 00:10:56,355 BUSINESS DADDY WHO LEFT FOR 421 00:10:56,422 --> 00:10:58,758 CIGARETTES AND NEVER CAME HOME. 422 00:10:58,824 --> 00:11:03,462 [LAUGHTER] 423 00:11:03,529 --> 00:11:08,868 THEY WERE ACTUALLY THE LARGEST 424 00:11:08,934 --> 00:11:13,406 FIRM ON THE PLANET, BACK THEN, 425 00:11:13,472 --> 00:11:14,006 AND BROADLY WELL-RESPECTED AND 426 00:11:14,073 --> 00:11:15,141 CONSIDERED GOOD. 427 00:11:15,207 --> 00:11:16,642 WHICH IS TO SAY, COMPLETELY 428 00:11:16,709 --> 00:11:17,276 UNRECOGNIZABLE FROM THE AT&T OF 429 00:11:17,343 --> 00:11:17,643 TODAY. 430 00:11:17,710 --> 00:11:18,811 BUT CRUCIALLY, THAT POPULARITY 431 00:11:18,878 --> 00:11:19,512 MAY WELL HAVE BEEN BECAUSE 432 00:11:19,578 --> 00:11:20,312 PEOPLE HAD NO ALTERNATIVES. 433 00:11:20,379 --> 00:11:21,347 YOU HAD TO RENT YOUR PHONE FROM 434 00:11:21,414 --> 00:11:22,415 AT&T, AND THEY WERE IN CHARGE OF 435 00:11:22,481 --> 00:11:23,549 BOTH LOCAL AND LONG-DISTANCE 436 00:11:23,616 --> 00:11:24,550 SERVICES, WHICH, AS WE NOW KNOW, 437 00:11:24,617 --> 00:11:25,918 WERE WILDLY OVERPRICED. 438 00:11:25,985 --> 00:11:27,453 AND WHEN MCI -- A MUCH SMALLER 439 00:11:27,520 --> 00:11:28,788 COMPANY -- TRIED TO OFFER 440 00:11:28,854 --> 00:11:29,789 LONG-DISTANCE PHONE SERVICE AT A 441 00:11:29,855 --> 00:11:30,990 LOWER RATE, AT&T WAS NOT HAVING 442 00:11:31,057 --> 00:11:32,558 IT. 443 00:11:32,625 --> 00:11:34,960 >> MCI, WHICH CHARGES UP TO 50% 444 00:11:35,027 --> 00:11:36,762 LESS THAN BELL, ARGUED THAT AT&T 445 00:11:36,829 --> 00:11:37,897 TRIED TO PUT IT OUT OF BUSINESS 446 00:11:37,963 --> 00:11:39,698 BY REFUSING TO PROVIDE EQUIPMENT 447 00:11:39,765 --> 00:11:40,499 NEEDED FOR LONG-DISTANCE 448 00:11:40,566 --> 00:11:42,668 TRANSMISSION. 449 00:11:42,735 --> 00:11:45,171 A KEY EXHIBIT: AT&T'S OWN NOTES 450 00:11:45,237 --> 00:11:46,772 OF A 1972 FLORIDA MEETING BY 451 00:11:46,839 --> 00:11:48,741 COMPANY EXECUTIVES IN WHICH ONE 452 00:11:48,808 --> 00:11:50,076 SAID, "LET'S CHOKE THEM OFF 453 00:11:50,142 --> 00:11:54,380 BEFORE THEY GET STARTED." 454 00:11:54,447 --> 00:11:55,548 >> John: NOW, OBVIOUSLY: FUCK 455 00:11:55,614 --> 00:11:57,216 AT&T NOW AND FOREVER. 456 00:11:57,283 --> 00:11:59,785 BUT IS THAT WHAT THAT SAID? 457 00:11:59,852 --> 00:12:00,586 THE ONLY BITS OF SQUIGGLE I CAN 458 00:12:00,653 --> 00:12:03,456 DECODE THERE ARE THE WORDS, 459 00:12:03,522 --> 00:12:04,557 "DANGEROUS TO SAMANTHAS," 460 00:12:04,623 --> 00:12:05,991 A DOLLAR SIGN, SOMETHING THAT 461 00:12:06,058 --> 00:12:06,792 WEIRDLY MIGHT BE COVID, AND 462 00:12:06,859 --> 00:12:07,827 THEN SOMETHING THAT'S 463 00:12:07,893 --> 00:12:08,694 DEFINITELY, NO QUESTION, 464 00:12:08,761 --> 00:12:11,597 CAPITAL-B "BALLS." 465 00:12:11,664 --> 00:12:12,798 [LAUGHTER] 466 00:12:12,865 --> 00:12:16,535 THE DOJ THEN ACTUALLY FILED AN 467 00:12:16,602 --> 00:12:17,736 ANTITRUST LAWSUIT, WHICH AT&T 468 00:12:17,803 --> 00:12:18,671 FOUGHT VIGOROUSLY FOR A DECADE. 469 00:12:18,737 --> 00:12:19,205 AND WHEN, IN 1984, IT WAS 470 00:12:19,271 --> 00:12:20,473 FORMALLY BROKEN UP BY THE 471 00:12:20,539 --> 00:12:21,140 GOVERNMENT, AT&T'S CHAIRMAN 472 00:12:21,207 --> 00:12:22,441 WARNED THE PUBLIC THAT WE'D COME 473 00:12:22,508 --> 00:12:24,376 TO REGRET WHAT HAD JUST 474 00:12:24,443 --> 00:12:25,478 HAPPENED. 475 00:12:25,544 --> 00:12:28,380 >> OH, I'VE HAD THE CONVICTION 476 00:12:28,447 --> 00:12:30,916 AND TAKEN THE POSITION IN MORE 477 00:12:30,983 --> 00:12:32,118 THAN ONE FORUM THAT THE COUNTRY 478 00:12:32,184 --> 00:12:33,886 IN THE LONG RUN WILL BE SORRY. 479 00:12:33,953 --> 00:12:35,754 I FIND IT DIFFICULT TO 480 00:12:35,821 --> 00:12:36,889 BELIEVE -- DIFFICULT TO BELIEVE 481 00:12:36,956 --> 00:12:39,058 THAT THINGS WILL WORK AS WELL IN 482 00:12:39,125 --> 00:12:40,593 THE FUTURE AS THEY HAVE IN 483 00:12:40,659 --> 00:12:49,602 THE PAST. 484 00:12:49,668 --> 00:12:51,804 >> John: YEAH, BUT HE WAS WRONG. 485 00:12:51,871 --> 00:12:53,072 THINGS ACTUALLY WORKED BETTER. 486 00:12:53,139 --> 00:12:53,873 BECAUSE IT TURNS OUT, ENDING A 487 00:12:53,939 --> 00:12:55,040 MONOPOLY IS ALMOST ALWAYS A GOOD 488 00:12:55,107 --> 00:12:55,774 THING, WHETHER IT'S AT&T OR 489 00:12:55,841 --> 00:12:56,909 STANDARD OIL, OR LITERALLY ANY 490 00:12:56,976 --> 00:12:58,144 GAME OF MONOPOLY. 491 00:12:58,210 --> 00:12:59,145 WE DIDN'T KNOW IT AT THE TIME, 492 00:12:59,211 --> 00:13:00,079 BUT AT&T'S DOMINANCE WAS 493 00:13:00,146 --> 00:13:00,746 SERIOUSLY HOLDING BACK 494 00:13:00,813 --> 00:13:01,981 INNOVATION. 495 00:13:02,047 --> 00:13:03,182 BUT AS SOON AS IT WASN'T 496 00:13:03,249 --> 00:13:04,550 CONTROLLING THE PHONE LINES AND 497 00:13:04,617 --> 00:13:05,417 WHAT YOU COULD ATTACH TO ITS 498 00:13:05,484 --> 00:13:06,552 NETWORK, MANY NEW PRODUCTS 499 00:13:06,619 --> 00:13:07,253 STARTED PROLIFERATING, FROM THE 500 00:13:07,319 --> 00:13:08,921 ANSWERING MACHINE TO THE MODEM. 501 00:13:08,988 --> 00:13:10,356 THE BREAKUP OF AT&T WAS ACTUALLY 502 00:13:10,422 --> 00:13:12,491 A KEY STEP IN PRODUCING THE 503 00:13:12,558 --> 00:13:13,893 INTERNET REVOLUTION, GIVING US 504 00:13:13,959 --> 00:13:16,228 THE WEB AS WE NOW KNOW IT, AND 505 00:13:16,295 --> 00:13:17,596 PETER THE ABILITY TO LOOK UP 506 00:13:17,663 --> 00:13:23,002 SPORTS STATS, SURFING SPOTS, 507 00:13:23,068 --> 00:13:25,404 AND WHAT WE ALL KNOW HE WAS 508 00:13:25,471 --> 00:13:27,573 REALLY DOING THERE. 509 00:13:27,640 --> 00:13:28,340 [LAUGHTER] 510 00:13:28,407 --> 00:13:29,675 THE POINT IS, WHEN HARMFUL 511 00:13:29,742 --> 00:13:30,676 MONOPOLIES END, INNOVATION 512 00:13:30,743 --> 00:13:31,277 FLOURISHES. 513 00:13:31,343 --> 00:13:33,345 AND I WANT YOU TO BEAR THAT IN 514 00:13:33,412 --> 00:13:33,879 MIND AS WE TALK ABOUT THE 515 00:13:33,946 --> 00:13:34,613 MONOPOLIES OF TODAY: TECH 516 00:13:34,680 --> 00:13:35,781 COMPANIES. 517 00:13:35,848 --> 00:13:36,782 AND TONIGHT WE'RE GOING TO FOCUS 518 00:13:36,849 --> 00:13:37,883 ON JUST ONE WAY THEY USE THEIR 519 00:13:37,950 --> 00:13:39,618 MONOPOLY POWER, SOMETHING CALLED 520 00:13:39,685 --> 00:13:40,753 "SELF-PREFERENCING." 521 00:13:40,819 --> 00:13:41,487 IT'S WHERE COMPANIES UNFAIRLY 522 00:13:41,554 --> 00:13:42,855 FAVOR THEIR OWN PRODUCTS ON 523 00:13:42,922 --> 00:13:44,190 THEIR OWN PLATFORMS, WHICH HAVE 524 00:13:44,256 --> 00:13:44,924 BECOME SO BIG MOST OF US HAVE NO 525 00:13:44,990 --> 00:13:46,392 CHOICE BUT TO USE THEM. 526 00:13:46,458 --> 00:13:47,860 THIS IS A PARTICULARLY BIG 527 00:13:47,927 --> 00:13:48,928 PROBLEM WITH THESE THREE 528 00:13:48,994 --> 00:13:49,995 COMPANIES, AND WE'RE GOING TO 529 00:13:50,062 --> 00:13:52,031 START WITH APPLE. 530 00:13:52,097 --> 00:13:53,232 SPECIFICALLY, ITS APP STORE, 531 00:13:53,299 --> 00:13:54,166 WHICH IS BASICALLY THE ONLY 532 00:13:54,233 --> 00:13:54,967 PLACE TO DOWNLOAD SOFTWARE FOR 533 00:13:55,034 --> 00:13:56,669 YOUR iPHONE. 534 00:13:56,735 --> 00:13:58,938 WHICH IS ALREADY A LITTLE WEIRD 535 00:13:59,004 --> 00:14:00,372 WHEN YOU THINK ABOUT IT, RIGHT? 536 00:14:00,439 --> 00:14:01,407 YOU CAN DOWNLOAD ANY SOFTWARE 537 00:14:01,473 --> 00:14:02,741 YOU LIKE TO YOUR DESKTOP 538 00:14:02,808 --> 00:14:04,276 COMPUTER, BUT IF YOU HAVE AN 539 00:14:04,343 --> 00:14:06,011 iPHONE, APPLE HAS SET IT UP SO 540 00:14:06,078 --> 00:14:06,946 THAT ITS APP STORE IS THE ONLY 541 00:14:07,012 --> 00:14:09,281 GAME IN TOWN. 542 00:14:09,348 --> 00:14:11,951 AND APPLE'S BEEN ACCUSED OF 543 00:14:12,017 --> 00:14:12,585 UNFAIRLY PUSHING ITS OWN APPS TO 544 00:14:12,651 --> 00:14:13,519 THE TOP OF SEARCH RESULTS. 545 00:14:13,586 --> 00:14:15,087 THE COMPANY DENIES DOING THIS, 546 00:14:15,154 --> 00:14:16,655 BUT "THE WALL STREET JOURNAL" 547 00:14:16,722 --> 00:14:18,023 FOUND APPLE APPS THAT GENERATE 548 00:14:18,090 --> 00:14:19,124 REVENUE THROUGH SUBSCRIPTIONS OR 549 00:14:19,191 --> 00:14:20,993 SALES, LIKE MUSIC OR BOOKS, 550 00:14:21,060 --> 00:14:23,195 SHOWED UP FIRST IN 95% OF 551 00:14:23,262 --> 00:14:25,931 SEARCHES RELATED TO THOSE APPS. 552 00:14:25,998 --> 00:14:28,033 BUT REGARDLESS, PERHAPS MORE 553 00:14:28,100 --> 00:14:29,735 IMPORTANT IS THE STRANGLEHOLD 554 00:14:29,802 --> 00:14:31,036 APPLE HAS ON DEVELOPERS WHO WANT 555 00:14:31,103 --> 00:14:31,737 TO GET THEIR APPS ONTO YOUR 556 00:14:31,804 --> 00:14:33,405 PHONE. 557 00:14:33,472 --> 00:14:35,341 BECAUSE THEY ARE REQUIRED TO USE 558 00:14:35,407 --> 00:14:37,142 APPLE'S PAYMENT PROCESSOR, WHICH 559 00:14:37,209 --> 00:14:38,010 TAKES A HUGE PIECE OF EVERY 560 00:14:38,077 --> 00:14:39,745 DOLLAR THAT CUSTOMERS SPEND ON 561 00:14:39,812 --> 00:14:41,413 THOSE APPS AND ANY DIGITAL 562 00:14:41,480 --> 00:14:43,616 PURCHASES WITHIN THEM. 563 00:14:43,682 --> 00:14:45,918 >> APPLE TAKES A 30% COMMISSION 564 00:14:45,985 --> 00:14:46,652 ON SALES OF APPS AND IN-APP 565 00:14:46,719 --> 00:14:48,754 PURCHASES. 566 00:14:48,821 --> 00:14:51,590 SO, IF AN APP COSTS $4.99 567 00:14:51,657 --> 00:14:54,593 UPFRONT, APPLE COLLECTS $1.50. 568 00:14:54,660 --> 00:14:55,294 SAME GOES FOR IF YOU USE AN 569 00:14:55,361 --> 00:14:57,263 APP TO BUY DIGITAL GOODS, LIKE 570 00:14:57,329 --> 00:14:58,297 VIRTUAL WEAPONS, OR SIGN UP FOR 571 00:14:58,364 --> 00:14:58,864 A SUBSCRIPTION TO A MONTHLY 572 00:14:58,931 --> 00:14:59,965 SERVICE. 573 00:15:00,032 --> 00:15:01,233 >> John: IT'S TRUE. 574 00:15:01,300 --> 00:15:02,134 AND THAT WAS PRETTY SHOCKING TO 575 00:15:02,201 --> 00:15:03,535 ME. 576 00:15:03,602 --> 00:15:04,903 IT MEANS EVERY TIME SOMEONE 577 00:15:04,970 --> 00:15:06,505 SPENT MONEY ON THE JEREMY RENNER 578 00:15:06,572 --> 00:15:09,141 APP, SOMETHING REAL PEOPLE 579 00:15:09,208 --> 00:15:10,309 ACTUALLY DID, TO BOOST THEIR 580 00:15:10,376 --> 00:15:12,044 POSTS ABOUT HIM SO THEY COULD 581 00:15:12,111 --> 00:15:13,279 #BeSeen BY JEREMY RENNER -- 582 00:15:13,345 --> 00:15:16,382 AGAIN, SOMETHING HUMANS 583 00:15:16,448 --> 00:15:16,949 WANTED -- IN AMOUNTS RANGING 584 00:15:17,016 --> 00:15:18,817 FROM $1.99 TO NEARLY 100 ACTUAL 585 00:15:18,884 --> 00:15:23,722 DOLLARS, APPLE GOT A CUT. 586 00:15:23,789 --> 00:15:24,757 AND THAT IS BLOOD MONEY RIGHT 587 00:15:24,823 --> 00:15:26,558 THERE. 588 00:15:26,625 --> 00:15:30,029 [LAUGHTER] 589 00:15:30,095 --> 00:15:31,030 APPLE MAKES LITERALLY BILLIONS 590 00:15:31,096 --> 00:15:32,298 EVERY YEAR, JUST ON COMMISSIONS 591 00:15:32,364 --> 00:15:33,132 ON APP STORE PURCHASES. 592 00:15:33,198 --> 00:15:34,099 AND SOME APP DEVELOPERS HAVE 593 00:15:34,166 --> 00:15:35,234 TRIED TO FIND WAYS AROUND THIS. 594 00:15:35,301 --> 00:15:36,402 TINDER, FOR INSTANCE, CHARGES A 595 00:15:36,468 --> 00:15:37,002 HIGHER PRICE IF YOU SUBSCRIBE 596 00:15:37,069 --> 00:15:37,770 THROUGH THE APP THAN IF YOU DO 597 00:15:37,836 --> 00:15:38,904 IT ON THEIR WEBSITE. 598 00:15:38,971 --> 00:15:40,072 AND IF YOU OPEN NETFLIX ON YOUR 599 00:15:40,139 --> 00:15:41,040 iPHONE AND DON'T HAVE AN 600 00:15:41,106 --> 00:15:42,107 ACCOUNT, YOU GET A MESSAGE 601 00:15:42,174 --> 00:15:42,775 READING, "TRYING TO JOIN 602 00:15:42,841 --> 00:15:43,575 NETFLIX? 603 00:15:43,642 --> 00:15:44,910 YOU CAN'T SIGN UP FOR NETFLIX IN 604 00:15:44,977 --> 00:15:45,544 THE APP. 605 00:15:45,611 --> 00:15:47,079 WE KNOW IT'S A HASSLE. 606 00:15:47,146 --> 00:15:48,180 AFTER YOU'RE A MEMBER, YOU CAN 607 00:15:48,247 --> 00:15:50,015 START WATCHING IN THE APP." 608 00:15:50,082 --> 00:15:52,518 AND YOU CAN SEE WHY NETFLIX 609 00:15:52,584 --> 00:15:52,851 WOULD DO THAT. 610 00:15:52,918 --> 00:15:53,619 IT DOESN'T WANT TO LOSE A 611 00:15:53,686 --> 00:15:54,920 THIRD OF ITS SUBSCRIPTION 612 00:15:54,987 --> 00:15:56,188 REVENUE TO APPLE. 613 00:15:56,255 --> 00:15:57,489 IT NEEDS THAT MONEY TO PROMOTE 614 00:15:57,556 --> 00:15:59,291 ITS NETFLIX PRIDE MONTH 615 00:15:59,358 --> 00:16:05,597 COLLECTION! 616 00:16:05,664 --> 00:16:10,202 WHICH IS ABSOLUTELY GREAT -- 617 00:16:10,269 --> 00:16:10,869 SIMPLY SCROLL BY THE DOZEN 618 00:16:10,936 --> 00:16:11,870 STANDUP SPECIALS 619 00:16:11,937 --> 00:16:13,238 MOCKING THE TRANS COMMUNITY AND 620 00:16:13,305 --> 00:16:14,273 IT'S RIGHT THERE! 621 00:16:14,340 --> 00:16:15,174 SHINE WITH PRIDE, GUYS! 622 00:16:15,240 --> 00:16:16,208 AND WHILE APPLE WILL SAY IT'S 623 00:16:16,275 --> 00:16:17,176 LOWERED ITS COMMISSIONS FOR 624 00:16:17,242 --> 00:16:18,210 CERTAIN SMALL APP DEVELOPERS, 625 00:16:18,277 --> 00:16:19,378 AND NOW EVEN ALLOWS SOME APPS TO 626 00:16:19,445 --> 00:16:20,946 LINK TO AN EXTERNAL WEBSITE AND 627 00:16:21,013 --> 00:16:24,083 BYPASS COMMISSIONS, A KEY REASON 628 00:16:24,149 --> 00:16:25,884 THAT HAPPENED IS THAT THEY WERE 629 00:16:25,951 --> 00:16:27,486 PUT UNDER EXTREME PRESSURE, FROM 630 00:16:27,553 --> 00:16:28,187 LAWSUITS AND FROM REGULATORS 631 00:16:28,253 --> 00:16:29,355 OVERSEAS. 632 00:16:29,421 --> 00:16:30,956 AND IF YOU ARE THINKING, 633 00:16:31,023 --> 00:16:31,523 APPLE'S NOT THE ONLY GAME IN 634 00:16:31,590 --> 00:16:32,725 TOWN, WHAT ABOUT GOOGLE'S APP 635 00:16:32,791 --> 00:16:34,026 STORE? 636 00:16:34,093 --> 00:16:34,993 THEY CHARGE SIMILARLY HIGH 637 00:16:35,060 --> 00:16:36,362 COMMISSIONS TO DEVELOPERS. 638 00:16:36,428 --> 00:16:37,196 AND THE FACT IS, OVER 99% OF 639 00:16:37,262 --> 00:16:38,130 SMARTPHONES ARE PART OF EITHER 640 00:16:38,197 --> 00:16:39,798 GOOGLE'S OR APPLE'S APP 641 00:16:39,865 --> 00:16:43,602 ECOSYSTEM. 642 00:16:43,669 --> 00:16:44,436 LET'S ACTUALLY TALK A BIT ABOUT 643 00:16:44,503 --> 00:16:46,271 GOOGLE NOW. 644 00:16:46,338 --> 00:16:46,805 BECAUSE THEIR APP STORE IS 645 00:16:46,872 --> 00:16:47,373 CLEARLY ONLY A SMALL PART OF 646 00:16:47,439 --> 00:16:49,174 THEIR STORY. 647 00:16:49,241 --> 00:16:50,609 AS I'M SURE YOU KNOW, THEY 648 00:16:50,676 --> 00:16:51,543 ABSOLUTELY DOMINATE ONLINE 649 00:16:51,610 --> 00:16:52,544 SEARCHES. 650 00:16:52,611 --> 00:16:53,779 >> LAST YEAR, GOOGLE 651 00:16:53,846 --> 00:16:54,847 CONDUCTED 90% OF THE WORLD'S 652 00:16:54,913 --> 00:16:55,748 INTERNET SEARCHES. 653 00:16:55,814 --> 00:16:57,483 WHEN BILLIONS OF PEOPLE ASKED 654 00:16:57,549 --> 00:17:00,352 TRILLIONS OF QUESTIONS, IT WAS 655 00:17:00,419 --> 00:17:00,853 GOOGLE THAT PROVIDED THE 656 00:17:00,919 --> 00:17:02,888 ANSWERS, USING COMPUTER 657 00:17:02,955 --> 00:17:04,957 ALGORITHMS KNOWN ONLY TO GOOGLE. 658 00:17:05,023 --> 00:17:06,525 >> THEY HAVE THIS PHRASE THEY 659 00:17:06,592 --> 00:17:07,493 USE, "COMPETITION IS JUST A 660 00:17:07,559 --> 00:17:09,828 CLICK AWAY." 661 00:17:09,895 --> 00:17:13,031 THEY HAVE NO COMPETITION. 662 00:17:13,098 --> 00:17:14,233 BING, THEIR COMPETITION, HAS 2% 663 00:17:14,299 --> 00:17:16,201 OF THE MARKET. 664 00:17:16,268 --> 00:17:21,407 THEY HAVE 90%. 665 00:17:21,473 --> 00:17:23,342 >> John: EXACTLY, PEOPLE USE 666 00:17:23,409 --> 00:17:24,510 GOOGLE TO THE EXTENT "GOOGLING" 667 00:17:24,576 --> 00:17:25,277 SOMETHING IS NOW A VERB. 668 00:17:25,344 --> 00:17:26,345 YOU CAN'T SAY THAT FOR ANY OTHER 669 00:17:26,412 --> 00:17:27,513 SEARCH ENGINE. 670 00:17:27,579 --> 00:17:29,014 NO ONE HAS EVER SAID "I'M GOING 671 00:17:29,081 --> 00:17:30,916 TO BING IT," EXCEPT FOR MAYBE 672 00:17:30,983 --> 00:17:31,950 BING CROSBY ANNOUNCING HE'S 673 00:17:32,017 --> 00:17:34,720 ABOUT TO MASTURBATE. 674 00:17:34,787 --> 00:17:35,587 [LAUGHTER] 675 00:17:35,654 --> 00:17:37,256 BUT THAT'S IT! 676 00:17:37,322 --> 00:17:38,524 AND GOOGLE HAS EXPLOITED THEIR 677 00:17:38,590 --> 00:17:39,491 MARKET DOMINANCE IN SUBTLE WAYS, 678 00:17:39,558 --> 00:17:41,927 HAVING TO DO WITH THE SEARCH 679 00:17:41,994 --> 00:17:42,628 RESULTS THAT IT SHOWS YOU. 680 00:17:42,694 --> 00:17:43,262 BECAUSE IT USED TO BE, WHEN YOU 681 00:17:43,328 --> 00:17:44,129 GOOGLED SOMETHING, YOU GOT 682 00:17:44,196 --> 00:17:45,330 A PAGE THAT LOOKED LIKE THIS: 683 00:17:45,397 --> 00:17:46,298 A SERIES OF BLUE LINKS TO 684 00:17:46,365 --> 00:17:47,466 VARIOUS PAGES ACROSS THE 685 00:17:47,533 --> 00:17:48,534 INTERNET THAT GOOGLE'S ALGORITHM 686 00:17:48,600 --> 00:17:49,168 HAD DETERMINED TO BE THE MOST 687 00:17:49,234 --> 00:17:50,235 RELEVANT. 688 00:17:50,302 --> 00:17:51,470 AND THAT WAS THE COMPANY'S GOAL 689 00:17:51,537 --> 00:17:52,237 AT THE TIME. 690 00:17:52,304 --> 00:17:53,806 AS ITS CO-FOUNDER LARRY PAGE 691 00:17:53,872 --> 00:17:56,175 SAID IN 2004, "MOST PORTALS SHOW 692 00:17:56,241 --> 00:17:57,042 THEIR OWN CONTENT ABOVE CONTENT 693 00:17:57,109 --> 00:17:58,310 ELSEWHERE ON THE WEB. 694 00:17:58,377 --> 00:17:59,344 WE FEEL THAT'S A CONFLICT OF 695 00:17:59,411 --> 00:18:00,712 INTEREST. 696 00:18:00,779 --> 00:18:02,481 WE WANT TO GET YOU OUT OF 697 00:18:02,548 --> 00:18:04,283 GOOGLE AND TO THE RIGHT PLACE AS 698 00:18:04,349 --> 00:18:06,518 FAST AS POSSIBLE." 699 00:18:06,585 --> 00:18:07,786 BUT WHEN YOU SEARCH FOR 700 00:18:07,853 --> 00:18:10,022 SOMETHING TODAY, YOU GET A LOT 701 00:18:10,088 --> 00:18:10,622 OF GOOGLE CONTENT BEFORE 702 00:18:10,689 --> 00:18:16,195 ANYTHING ELSE APPEARS. 703 00:18:16,261 --> 00:18:18,130 IN FACT, "THE MARKUP" FOUND 704 00:18:18,197 --> 00:18:20,466 GOOGLE DEVOTES 41% OF THE FIRST 705 00:18:20,532 --> 00:18:23,101 PAGE OF SEARCH RESULTS ON MOBILE 706 00:18:23,168 --> 00:18:25,337 DEVICES TO ITS OWN PROPERTIES 707 00:18:25,404 --> 00:18:28,507 AND WHAT IT CALLS "DIRECT 708 00:18:28,574 --> 00:18:29,942 ANSWERS" MEANING A USER WOULD 709 00:18:30,008 --> 00:18:32,010 HAVE TO SCROLL NEARLY HALFWAY 710 00:18:32,077 --> 00:18:36,782 DOWN THE PAGE BEFORE REACHING 711 00:18:36,849 --> 00:18:37,416 THE FIRST ORGANIC RESULT IN THAT 712 00:18:37,483 --> 00:18:38,617 SEARCH. 713 00:18:38,684 --> 00:18:40,352 NOW, GOOGLE DISPUTES THEIR 714 00:18:40,419 --> 00:18:40,919 METHODOLOGY, BUT THINK ABOUT 715 00:18:40,986 --> 00:18:42,020 WHAT IT IS LIKE WHEN YOU SEARCH 716 00:18:42,087 --> 00:18:42,955 FOR SOMETHING. 717 00:18:43,021 --> 00:18:43,655 LET'S SAY YOU WANT TO LOOK UP 718 00:18:43,722 --> 00:18:44,590 DOLPHINS. 719 00:18:44,656 --> 00:18:46,225 SO YOU GOOGLE "DOLPHIN ANIMAL", 720 00:18:46,291 --> 00:18:46,825 AND YOU GET THIS, A BUNCH OF 721 00:18:46,892 --> 00:18:47,526 PICTURES OF DOLPHINS ON GOOGLE 722 00:18:47,593 --> 00:18:48,560 IMAGES. 723 00:18:48,627 --> 00:18:49,461 A BUNCH OF BUTTONS UP TOP LIKE 724 00:18:49,528 --> 00:18:50,629 "SOUNDS" THAT MOSTLY LEAD YOU 725 00:18:50,696 --> 00:18:51,964 TO VIDEOS ON YOUTUBE -- ALSO 726 00:18:52,030 --> 00:18:53,565 OWNED BY GOOGLE, BY THE WAY -- 727 00:18:53,632 --> 00:18:55,067 A SECTION ON THE RIGHT SIDE 728 00:18:55,133 --> 00:18:55,801 THAT'S MOSTLY LINKS TO RELATED 729 00:18:55,868 --> 00:18:56,802 GOOGLE SEARCHES, LIKE "ORCA" OR 730 00:18:56,869 --> 00:18:57,736 "AMAZON RIVER DOLPHIN" AND 731 00:18:57,803 --> 00:18:58,637 A BOX OF DIRECT ANSWERS TO 732 00:18:58,704 --> 00:18:59,805 QUESTIONS PEOPLE HAVE ASKED 733 00:18:59,872 --> 00:19:00,706 ABOUT DOLPHINS, LIKE 734 00:19:00,772 --> 00:19:01,607 "WHAT ARE FIVE INTERESTING FACTS 735 00:19:01,673 --> 00:19:02,708 ABOUT DOLPHINS?" OR 736 00:19:02,774 --> 00:19:04,109 "IS DOLPHIN A FRIENDLY ANIMAL?" 737 00:19:04,176 --> 00:19:04,877 OR "CAN A DOLPHIN LOVE YOU?" 738 00:19:04,943 --> 00:19:06,044 AND WHILE YOU'VE NEVER EVEN 739 00:19:06,111 --> 00:19:07,012 THOUGHT OF THAT AS POSSIBILITY, 740 00:19:07,079 --> 00:19:08,413 SUDDENLY, YOU'RE CURIOUS. 741 00:19:08,480 --> 00:19:09,147 SO YOU CLICK ON IT, AND IT SAYS 742 00:19:09,214 --> 00:19:10,415 "DOLPHINS HAVE ALSO SHOWN LOVING 743 00:19:10,482 --> 00:19:11,583 EMOTIONS TOWARDS HUMANS." 744 00:19:11,650 --> 00:19:12,618 AND YOUR HEART KIND OF FLUTTERS 745 00:19:12,684 --> 00:19:13,418 FOR A MOMENT, WHO KNEW THAT 746 00:19:13,485 --> 00:19:14,620 THERE WAS ROOM IN A DOLPHIN'S 747 00:19:14,686 --> 00:19:17,022 HEART FOR LOVE? 748 00:19:17,089 --> 00:19:17,623 MAYBE THERE IS ROOM IN ONE FOR 749 00:19:17,689 --> 00:19:19,258 YOU? 750 00:19:19,324 --> 00:19:20,425 THEN YOU SEE MORE QUESTIONS LIKE 751 00:19:20,492 --> 00:19:21,026 "DO DOLPHINS PROTECT HUMANS?" 752 00:19:21,093 --> 00:19:22,094 WHICH THEY MUST, RIGHT? 753 00:19:22,160 --> 00:19:22,728 AFTER ALL, WE JUST LEARNED THEY 754 00:19:22,794 --> 00:19:25,397 CAN LOVE US. 755 00:19:25,464 --> 00:19:26,098 BUT THE ANSWER IS "THERE JUST 756 00:19:26,164 --> 00:19:27,699 ISN'T ANY RELIABLE EVIDENCE THAT 757 00:19:27,766 --> 00:19:28,767 IT'S TRUE." 758 00:19:28,834 --> 00:19:29,735 AND WHAT DOES THAT MEAN? 759 00:19:29,801 --> 00:19:30,402 THEY'RE WILLING TO LOVE, BUT NOT 760 00:19:30,469 --> 00:19:31,570 PROTECT US? 761 00:19:31,637 --> 00:19:32,404 THEY'RE JUST GOING TO THROW OUR 762 00:19:32,471 --> 00:19:35,974 LOVE AWAY? 763 00:19:36,041 --> 00:19:36,942 AND AS THE FEELING OF 764 00:19:37,009 --> 00:19:41,380 BETRAYAL CREEPS IN, YOU SEE THAT 765 00:19:41,446 --> 00:19:42,514 OTHERS HAVE SEARCHED "ARE 766 00:19:42,581 --> 00:19:43,315 DOLPHINS EVIL?" 767 00:19:43,382 --> 00:19:44,850 AND THE ANSWER IS, "DOLPHINS 768 00:19:44,917 --> 00:19:45,684 HAVE A HUGE CAPACITY FOR EVIL." 769 00:19:45,751 --> 00:19:47,486 WHICH, OF COURSE THEY DO. 770 00:19:47,553 --> 00:19:47,986 THEY'RE MONSTERS WITH NO 771 00:19:48,053 --> 00:19:48,620 UNDERSTANDING THAT YOU MIGHT'VE 772 00:19:48,687 --> 00:19:49,288 OPENED UP TO THEM, FOR THE FIRST 773 00:19:49,354 --> 00:19:49,922 TIME IN A LONG TIME, AND THEY'D 774 00:19:49,988 --> 00:19:51,056 ABANDON YOU LIKE YOU'RE NOTHING? 775 00:19:51,123 --> 00:19:51,857 AND THEN YOU SEE "WHAT DO 776 00:19:51,924 --> 00:19:52,691 DOLPHINS THINK OF HUMANS?" 777 00:19:52,758 --> 00:19:53,725 AND YOU CAN BARELY EVEN BREATHE 778 00:19:53,792 --> 00:19:54,660 AS YOU OPEN THIS ONE, BUT YOU 779 00:19:54,726 --> 00:19:55,260 KNOW THE TRUTH BEFORE IT EVEN 780 00:19:55,327 --> 00:19:56,194 APPEARS: "DOLPHINS ARE 781 00:19:56,261 --> 00:19:57,362 ESSENTIALLY BRIBED WITH FISH TO 782 00:19:57,429 --> 00:19:59,631 INTERACT WITH HUMANS." 783 00:19:59,698 --> 00:20:00,799 AND EVEN THOUGH YOU'RE HURT, AT 784 00:20:00,866 --> 00:20:01,433 LEAST YOU CAN ACCEPT THAT IT'S 785 00:20:01,500 --> 00:20:02,267 NOT ACTUALLY YOU, IT WAS NEVER 786 00:20:02,334 --> 00:20:04,469 YOU, IT WAS THE FUCKING DOLPHIN! 787 00:20:04,536 --> 00:20:05,837 [LAUGHTER] 788 00:20:05,904 --> 00:20:07,472 AND THE POINT IS, THROUGHOUT 789 00:20:07,539 --> 00:20:08,206 THAT WHOLE EMOTIONAL 790 00:20:08,273 --> 00:20:09,975 ROLLERCOASTER, YOU NEVER EVEN 791 00:20:10,042 --> 00:20:12,044 LEFT GOOGLE! 792 00:20:12,110 --> 00:20:13,011 IN FACT, ONE ANALYSIS FOUND THAT 793 00:20:13,078 --> 00:20:14,212 TWO-THIRDS OF SEARCHES ON GOOGLE 794 00:20:14,279 --> 00:20:15,080 ENDED WITHOUT EVER CLICKING TO 795 00:20:15,147 --> 00:20:18,817 ANOTHER WEB PROPERTY. 796 00:20:18,884 --> 00:20:19,851 AND THE THING IS, INFORMATION 797 00:20:19,918 --> 00:20:22,321 THAT GOOGLE FEEDS YOU IN 798 00:20:22,387 --> 00:20:23,088 SEARCHES LIKE THAT MAY HAVE BEEN 799 00:20:23,155 --> 00:20:24,122 COPIED FROM OTHER SOURCES, 800 00:20:24,189 --> 00:20:24,790 SOMETIMES WITHOUT THEIR 801 00:20:24,856 --> 00:20:25,624 KNOWLEDGE OR CONSENT. 802 00:20:25,691 --> 00:20:26,725 AND IF YOU'RE THINKING, WELL, 803 00:20:26,792 --> 00:20:29,027 IT'S FREE INFORMATION, WHY DOES 804 00:20:29,094 --> 00:20:29,928 IT MATTER IF I READ IT ON GOOGLE 805 00:20:29,995 --> 00:20:30,529 OR ON THE SITE THEY TOOK IT 806 00:20:30,596 --> 00:20:31,430 FROM? 807 00:20:31,496 --> 00:20:32,497 SITE TRAFFIC IS ONE OF THE MAJOR 808 00:20:32,564 --> 00:20:34,066 TOOLS THAT MANY WEBSITES, 809 00:20:34,132 --> 00:20:35,801 ESPECIALLY FREE ONES, USE TO 810 00:20:35,867 --> 00:20:37,369 SELL AD SPACE, SO TAKING AWAY 811 00:20:37,436 --> 00:20:38,570 VISITORS TO THEIR SITE IS 812 00:20:38,637 --> 00:20:39,838 ESSENTIALLY TAKING MONEY OUT OF 813 00:20:39,905 --> 00:20:41,673 THEIR POCKET. 814 00:20:41,740 --> 00:20:43,408 AND WHEN YELP EXPLICITLY REFUSED 815 00:20:43,475 --> 00:20:45,277 TO HAVE THEIR DATA SCRAPED, 816 00:20:45,344 --> 00:20:46,578 GOOGLE TOLD THEM THE ONLY WAY TO 817 00:20:46,645 --> 00:20:48,547 HAVE THEIR SITE'S CONTENT 818 00:20:48,614 --> 00:20:49,414 REMOVED WAS FOR IT TO BE REMOVED 819 00:20:49,481 --> 00:20:50,549 FROM GOOGLE'S GENERAL RESULTS 820 00:20:50,616 --> 00:20:52,050 ENTIRELY. 821 00:20:52,117 --> 00:20:54,720 AND AS THE CEO OF YELP EXPLAINS, 822 00:20:54,786 --> 00:20:55,787 THAT IS BASICALLY A DEATH 823 00:20:55,854 --> 00:20:56,955 SENTENCE. 824 00:20:57,022 --> 00:20:57,656 >> HOW IMPORTANT IS THAT FIRST 825 00:20:57,723 --> 00:20:59,157 PAGE? 826 00:20:59,224 --> 00:20:59,825 >> IT'S NOT EVEN JUST THE FIRST 827 00:20:59,891 --> 00:21:00,759 PAGE. 828 00:21:00,826 --> 00:21:03,128 IT'S THE FIRST FEW LINKS ON THE 829 00:21:03,195 --> 00:21:06,264 PAGE IS THE VAST MAJORITY OF 830 00:21:06,331 --> 00:21:07,132 WHERE USER ATTENTION GOES, AND 831 00:21:07,199 --> 00:21:08,700 WHERE THE TRAFFIC FLOWS. 832 00:21:08,767 --> 00:21:10,135 >> SO, IF YOU'RE NOT AT THE 833 00:21:10,202 --> 00:21:10,902 TOP OF THE PAGE, OR AT THE 834 00:21:10,969 --> 00:21:12,871 BOTTOM OF THE FIRST PAGE, OR ON 835 00:21:12,938 --> 00:21:13,772 THE SECOND PAGE, THAT'S GOING TO 836 00:21:13,839 --> 00:21:15,273 AFFECT YOUR BUSINESS? 837 00:21:15,340 --> 00:21:16,008 >> YEAH, IF YOU'RE ON THE SECOND 838 00:21:16,074 --> 00:21:16,875 PAGE, FORGET IT, YOU'RE NOT A 839 00:21:16,942 --> 00:21:20,112 REAL BUSINESS. 840 00:21:20,178 --> 00:21:21,146 >> John: EXACTLY. 841 00:21:21,213 --> 00:21:22,948 AND PUTTING THE MERITS OF YELP 842 00:21:23,015 --> 00:21:24,082 ASIDE, GOOGLE'S ALGORITHM 843 00:21:24,149 --> 00:21:24,916 SHOULDN'T DETERMINE WHETHER OR 844 00:21:24,983 --> 00:21:26,284 NOT SOMEONE'S BUSINESS IS REAL. 845 00:21:26,351 --> 00:21:27,819 FRANKLY, THAT DISTINCTION SHOULD 846 00:21:27,886 --> 00:21:28,754 ONLY BE WITHHELD IF SOMEONE'S 847 00:21:28,820 --> 00:21:30,022 BUSINESS INCLUDES THE WORDS 848 00:21:30,088 --> 00:21:31,156 "INSTAGRAM INFLUENCER." 849 00:21:31,223 --> 00:21:32,958 BECAUSE THAT IS NOT A JOB, 850 00:21:33,025 --> 00:21:34,393 YOU'RE NOT A BUSINESS, YOU'RE 851 00:21:34,459 --> 00:21:35,193 JUST ATTRACTIVE, INDEPENDENTLY 852 00:21:35,260 --> 00:21:36,928 WEALTHY, AND IT'S SUNNY OUTSIDE. 853 00:21:36,995 --> 00:21:37,529 THAT IS ALL THAT IS HAPPENING 854 00:21:37,596 --> 00:21:39,831 THERE. 855 00:21:39,898 --> 00:21:41,466 [LAUGHTER] 856 00:21:41,533 --> 00:21:42,834 AND BEFORE JIM CRAMER SAYS "WHO 857 00:21:42,901 --> 00:21:43,468 CARES, BUILD A BETTER PRODUCT 858 00:21:43,535 --> 00:21:45,003 AND YOU'LL LAND ON THE FRONT 859 00:21:45,070 --> 00:21:49,508 PAGE," THE TOP RESULTS 860 00:21:49,574 --> 00:21:50,142 GOOGLE FEEDS YOU MAY NOT 861 00:21:50,208 --> 00:21:51,543 BE THE BEST ONES. 862 00:21:51,610 --> 00:21:53,278 TAKE GOOGLE FLIGHTS. 863 00:21:53,345 --> 00:21:54,513 IT USED TO BE, IF YOU GOOGLED 864 00:21:54,579 --> 00:21:55,347 "NYC TO BOISE," YOUR TOP RESULTS 865 00:21:55,414 --> 00:21:56,314 WOULD BE LINKS TO SITES LIKE 866 00:21:56,381 --> 00:21:57,215 THESE. 867 00:21:57,282 --> 00:21:58,583 BUT NOW, YOU'LL ALMOST ALWAYS 868 00:21:58,650 --> 00:22:00,552 GET THIS GOOGLE FLIGHTS WIDGET 869 00:22:00,619 --> 00:22:01,553 AT THE TOP OF THE PAGE, ALREADY 870 00:22:01,620 --> 00:22:02,621 SET UP SO THAT YOU CAN CAN STAY 871 00:22:02,688 --> 00:22:04,356 ON GOOGLE AND FIND A FLIGHT 872 00:22:04,423 --> 00:22:06,358 WITHOUT CLICKING ANYWHERE ELSE. 873 00:22:06,425 --> 00:22:08,060 AND WHILE YOU, PERSONALLY, MIGHT 874 00:22:08,126 --> 00:22:08,694 SCROLL DOWN PAST THAT, MANY 875 00:22:08,760 --> 00:22:10,796 DON'T. 876 00:22:10,862 --> 00:22:12,631 AND THE INDUSTRY HAS FELT THIS. 877 00:22:12,698 --> 00:22:13,565 AS ONE TRAVEL ANALYST WROTE, 878 00:22:13,632 --> 00:22:15,067 "THE FACT THAT GOOGLE IS 879 00:22:15,133 --> 00:22:16,568 LEVERAGING ITS DOMINANCE AS A 880 00:22:16,635 --> 00:22:18,070 SEARCH ENGINE INTO TAKING MARKET 881 00:22:18,136 --> 00:22:18,837 SHARE AWAY FROM TRAVEL 882 00:22:18,904 --> 00:22:20,172 COMPETITORS IS NO LONGER EVEN 883 00:22:20,238 --> 00:22:22,641 DEBATABLE." 884 00:22:22,708 --> 00:22:23,642 AND GOOGLE MIGHT SAY THAT IT'S 885 00:22:23,709 --> 00:22:24,376 AT THE TOP BECAUSE IT'S THE 886 00:22:24,443 --> 00:22:28,447 BEST. 887 00:22:28,513 --> 00:22:30,015 BUT "THE MARKUP" FOUND GOOGLE 888 00:22:30,082 --> 00:22:31,650 FLIGHTS DID NOT ALWAYS DISPLAY 889 00:22:31,717 --> 00:22:32,651 THE CHEAPEST FARES, OR ALL 890 00:22:32,718 --> 00:22:33,652 AVAILABLE FLIGHTS. 891 00:22:33,719 --> 00:22:34,619 THOUGH I GUESS THAT EXPLAINS WHY 892 00:22:34,686 --> 00:22:36,088 GOOGLE FLIGHTS' BANNER IMAGE IS 893 00:22:36,154 --> 00:22:36,722 A WOMAN AND A CHILD HIKING 894 00:22:36,788 --> 00:22:38,790 SOMEWHERE WHILE POINTING AT AN 895 00:22:38,857 --> 00:22:40,425 AIRPLANE THAT THEY ARE NOT ON, 896 00:22:40,492 --> 00:22:41,326 SEEMINGLY SAYING, "WHAT THE 897 00:22:41,393 --> 00:22:42,227 FUCK? 898 00:22:42,294 --> 00:22:44,830 THERE ARE FLIGHTS HERE? 899 00:22:44,896 --> 00:22:45,831 [LAUGHTER] 900 00:22:45,897 --> 00:22:46,631 GOOGLE TOLD US OUR BEST OPTION 901 00:22:46,698 --> 00:22:49,668 WAS TO WALK TO DENVER!" 902 00:22:49,735 --> 00:22:51,803 NOW, GOOGLE, LIKE APPLE, WILL 903 00:22:51,870 --> 00:22:53,939 QUIBBLE WITH A LOT OF WHAT I'VE 904 00:22:54,005 --> 00:22:54,206 JUST SAID. 905 00:22:54,272 --> 00:22:55,440 THEY'LL TELL YOU THEY SEND 906 00:22:55,507 --> 00:22:56,808 BILLIONS OF CLICKS OUTSIDE OF 907 00:22:56,875 --> 00:22:58,410 GOOGLE EVERY DAY, AND THAT THEY 908 00:22:58,477 --> 00:22:59,411 DON'T PREFERENCE GOOGLE FLIGHTS 909 00:22:59,478 --> 00:23:01,680 IN SEARCHES, WHICH... 910 00:23:01,747 --> 00:23:04,082 OKAY! 911 00:23:04,149 --> 00:23:05,751 OKAY, GOOGLE! 912 00:23:05,817 --> 00:23:10,088 THEY'LL ALSO TELL YOU 913 00:23:10,155 --> 00:23:12,023 YELP AND OTHER COMPANIES CAN NOW 914 00:23:12,090 --> 00:23:12,758 SELECT WHICH OF THEIR 915 00:23:12,824 --> 00:23:13,592 INFORMATION GETS SCRAPED, THOUGH 916 00:23:13,658 --> 00:23:14,826 THAT ONLY HAPPENED UNDER SERIOUS 917 00:23:14,893 --> 00:23:16,161 PRESSURE FROM THE FTC. 918 00:23:16,228 --> 00:23:17,262 AND IF YOU'RE NOTICING A THEME 919 00:23:17,329 --> 00:23:18,497 HERE THAT THESE COMPANIES ONLY 920 00:23:18,563 --> 00:23:19,364 DO THE RIGHT THING WHEN THEY'RE 921 00:23:19,431 --> 00:23:19,931 PUSHED UP AGAINST THE WALL, 922 00:23:19,998 --> 00:23:22,667 THAT'S A LITTLE BIT THE POINT. 923 00:23:22,734 --> 00:23:24,469 BUT ARGUABLY THE COMPANY MOST 924 00:23:24,536 --> 00:23:25,103 GUILTY OF SELF-PREFERENCING IS 925 00:23:25,170 --> 00:23:26,304 AMAZON, FOUNDED, OF COURSE, BY 926 00:23:26,371 --> 00:23:28,140 A MAN RICH ENOUGH TO BUY 927 00:23:28,206 --> 00:23:29,541 ABSOLUTELY ANYTHING, INCLUDING, 928 00:23:29,608 --> 00:23:30,075 SEEMINGLY, THE RIGHTS TO 929 00:23:30,142 --> 00:23:33,445 PITBULL'S IDENTITY. 930 00:23:33,512 --> 00:23:34,112 [LAUGHTER] 931 00:23:34,179 --> 00:23:36,615 AMAZON REPORTEDLY CONTROLS 932 00:23:36,681 --> 00:23:37,783 65% TO 70% OF ALL U.S. ONLINE 933 00:23:37,849 --> 00:23:40,118 MARKETPLACE SALES. 934 00:23:40,185 --> 00:23:41,620 IT HOSTS ABOUT 2.3 MILLION 935 00:23:41,686 --> 00:23:45,257 ACTIVE THIRD-PARTY SELLERS FROM 936 00:23:45,323 --> 00:23:47,125 ALL AROUND THE WORLD, AND TO 937 00:23:47,192 --> 00:23:53,331 THOSE SELLERS, LIKE THIS MAN, 938 00:23:53,398 --> 00:23:55,634 WHO SOLD SPORTING GOODS, IT'S 939 00:23:55,700 --> 00:23:56,902 CLOSE TO THE ONLY GAME IN TOWN. 940 00:23:56,968 --> 00:23:58,270 >> YOU'VE GOT TO BE ON AMAZON. 941 00:23:58,336 --> 00:23:59,471 YOU HAVE TO BE THERE, BECAUSE 942 00:23:59,538 --> 00:24:00,806 THAT'S WHERE EVERYONE IS. 943 00:24:00,872 --> 00:24:08,547 100 MILLION PRIME SUBSCRIBERS. 944 00:24:08,613 --> 00:24:11,817 >> THEY WILL TELL YOU THAT THERE 945 00:24:11,883 --> 00:24:12,117 ARE OPTIONS. 946 00:24:12,184 --> 00:24:14,786 THERE IS WALMART, THERE IS ALLIE 947 00:24:14,853 --> 00:24:14,986 BABA. 948 00:24:15,053 --> 00:24:16,721 >> I'VE HEARD THAT RESPONSE FROM 949 00:24:16,788 --> 00:24:20,659 AMAZON EXECUTIVES BEFORE. 950 00:24:20,725 --> 00:24:23,328 AND WE DID THAT. 951 00:24:23,395 --> 00:24:24,496 >> WE LISTED ALL 952 00:24:24,563 --> 00:24:25,096 OF OUR PRODUCTS ON EVERY OTHER 953 00:24:25,163 --> 00:24:25,997 ONLINE MARKETPLACE. 954 00:24:26,064 --> 00:24:26,998 ALL OF THE OTHERS THAT WERE 955 00:24:27,065 --> 00:24:27,866 NON-AMAZON, COMBINED, DID ABOUT 956 00:24:27,933 --> 00:24:28,767 10% OF WHAT WE WERE DOING ON 957 00:24:28,834 --> 00:24:31,469 AMAZON. 958 00:24:31,536 --> 00:24:33,405 >> John: EXACTLY, AMAZON IS 959 00:24:33,471 --> 00:24:34,506 ESSENTIALLY THE ONLY PLACE TO 960 00:24:34,573 --> 00:24:35,373 SELL ANYTHING ON THE INTERNET, 961 00:24:35,440 --> 00:24:36,007 UNLESS, THAT IS, YOU'RE LOOKING 962 00:24:36,074 --> 00:24:36,875 TO OFFLOAD SOME HUMAN TEETH. 963 00:24:36,942 --> 00:24:37,442 THEN IT'S CRAIGSLIST ALL THE 964 00:24:37,509 --> 00:24:39,611 WAY, BABY! 965 00:24:39,678 --> 00:24:40,612 [LAUGHTER] 966 00:24:40,679 --> 00:24:42,147 AND FOR A THIRD-PARTY SELLER, 967 00:24:42,214 --> 00:24:42,781 THE MOST IMPORTANT THING IN THE 968 00:24:42,848 --> 00:24:43,381 WORLD IS SOMETHING CALLED THE 969 00:24:43,448 --> 00:24:44,716 "BUY BOX." 970 00:24:44,783 --> 00:24:46,017 IT'S THAT LITTLE BOX THAT SHOWS 971 00:24:46,084 --> 00:24:46,818 UP ON ANY AMAZON PRODUCT PAGE, 972 00:24:46,885 --> 00:24:47,819 WHERE YOU CAN INSTANTLY CLICK TO 973 00:24:47,886 --> 00:24:48,820 BUY. 974 00:24:48,887 --> 00:24:49,788 SO WHEN WE SEARCHED FOR DURACELL 975 00:24:49,855 --> 00:24:51,790 AAA BATTERIES, WE GOT 976 00:24:51,857 --> 00:24:53,091 THIS PAGE, AND HERE'S THE BUY 977 00:24:53,158 --> 00:24:54,025 BOX, RIGHT HERE, WHERE WITH ONE 978 00:24:54,092 --> 00:24:54,659 CLICK, WE COULD BUY A PACK FOR 979 00:24:54,726 --> 00:24:56,528 $14. 980 00:24:56,595 --> 00:24:57,696 AND YOU MIGHT ASSUME THAT'S THE 981 00:24:57,762 --> 00:24:59,464 BEST DEAL, BUT IF YOU CLICK 982 00:24:59,531 --> 00:25:00,732 ON THIS LITTLE BOX BELOW, YOU 983 00:25:00,799 --> 00:25:01,733 CAN SEE MULTIPLE OTHER SELLERS 984 00:25:01,800 --> 00:25:03,568 WHO ARE OFFERING THE SAME 985 00:25:03,635 --> 00:25:06,905 PRODUCT, MANY AT A LOWER PRICE. 986 00:25:06,972 --> 00:25:07,772 THE PROBLEM IS, MOST PEOPLE 987 00:25:07,839 --> 00:25:09,541 AREN'T GOING TO SEE THAT, 988 00:25:09,608 --> 00:25:11,042 BECAUSE AN ESTIMATED 80% OF 989 00:25:11,109 --> 00:25:12,644 AMAZON SALES GO THROUGH THAT 990 00:25:12,711 --> 00:25:13,812 FIRST BUY BOX, AND IT'S EVEN 991 00:25:13,879 --> 00:25:15,780 MORE FOR MOBILE PURCHASES. 992 00:25:15,847 --> 00:25:19,985 BECAUSE IF WE'VE LEARNED 993 00:25:20,051 --> 00:25:22,787 ANYTHING SO FAR TONIGHT IT'S 994 00:25:22,854 --> 00:25:24,022 THAT NOBODY EVER, EVER WANTS TO 995 00:25:24,089 --> 00:25:25,457 SCROLL DOWN. 996 00:25:25,523 --> 00:25:26,725 SO OUT OF ALL THOSE SELLERS, 997 00:25:26,791 --> 00:25:27,492 ONLY ONE OF THEM GETS TO BE IN 998 00:25:27,559 --> 00:25:28,093 THAT BOX. 999 00:25:28,159 --> 00:25:28,827 AND NOBODY EXCEPT AMAZON KNOWS 1000 00:25:28,894 --> 00:25:30,061 HOW ITS ALGORITHM PICKS THE 1001 00:25:30,128 --> 00:25:33,899 WINNER. 1002 00:25:33,965 --> 00:25:36,134 BUT IT SURE SEEMS TO 1003 00:25:36,201 --> 00:25:36,768 CONSISTENTLY FAVOR AMAZON, WITH 1004 00:25:36,835 --> 00:25:37,402 ONE ANALYSIS FINDING THE COMPANY 1005 00:25:37,469 --> 00:25:38,470 CHOSE ITSELF FOR THE BUY BOX FOR 1006 00:25:38,536 --> 00:25:39,371 ABOUT 40% OF PRODUCTS, WHILE THE 1007 00:25:39,437 --> 00:25:40,672 NEXT HIGHEST SELLER GOT IT IN 1008 00:25:40,739 --> 00:25:41,940 JUST HALF OF ONE PERCENT OF 1009 00:25:42,007 --> 00:25:47,345 POPULAR PRODUCTS. 1010 00:25:47,412 --> 00:25:48,446 AND EVEN WHEN THE BUY BOX DID 1011 00:25:48,513 --> 00:25:53,051 GO TO A THIRD-PARTY SELLER, 1012 00:25:53,118 --> 00:25:54,152 NINE OUT OF TEN TIMES, IT WENT 1013 00:25:54,219 --> 00:25:55,353 TO THOSE THAT USED AMAZON'S 1014 00:25:55,420 --> 00:25:56,021 SHIPPING SERVICE, FULFILLED BY 1015 00:25:56,087 --> 00:25:58,623 AMAZON. 1016 00:25:58,690 --> 00:25:59,524 BASICALLY, IT IS AMAZON'S 1017 00:25:59,591 --> 00:26:00,859 PLAYGROUND, THEY MAKE THE RULES, 1018 00:26:00,926 --> 00:26:01,526 AND THEY DO SEEM TO WIN A LOT OF 1019 00:26:01,593 --> 00:26:02,460 THE TIME. 1020 00:26:02,527 --> 00:26:03,495 AND AS THIS EXPERT POINTS OUT, 1021 00:26:03,561 --> 00:26:04,362 IF THEY'RE COMPETING WITH YOU, 1022 00:26:04,429 --> 00:26:04,996 YOU'RE BASICALLY DEAD. 1023 00:26:05,063 --> 00:26:06,131 >> THIRD-PARTY SELLERS HAVE TOLD 1024 00:26:06,197 --> 00:26:07,132 ME THAT ONCE THEY SEE THAT 1025 00:26:07,198 --> 00:26:08,867 AMAZON IS SELLING THE SAME GOOD 1026 00:26:08,934 --> 00:26:09,668 THAT THEY'RE SELLING, THEY 1027 00:26:09,734 --> 00:26:11,770 LIQUIDATE THEIR INVENTORY. 1028 00:26:11,836 --> 00:26:12,704 THEY KNOW IT'S IMPOSSIBLE TO 1029 00:26:12,771 --> 00:26:13,438 COMPETE AGAINST AMAZON ON 1030 00:26:13,505 --> 00:26:15,106 AMAZON'S OWN PLATFORM. 1031 00:26:15,173 --> 00:26:17,475 >> John: OF COURSE. 1032 00:26:17,542 --> 00:26:18,643 THINK ABOUT IT, OF COURSE IT IS. 1033 00:26:18,710 --> 00:26:19,277 YOU DON'T STAND A CHANCE. 1034 00:26:19,344 --> 00:26:20,545 AMAZON IS TO RETAILERS WHAT 1035 00:26:20,612 --> 00:26:23,381 DOLPHINS ARE TO THE HUMAN HEART. 1036 00:26:23,448 --> 00:26:24,249 [LAUGHTER] 1037 00:26:24,316 --> 00:26:27,018 IF THEY TAKE AN INTEREST IN YOU, 1038 00:26:27,085 --> 00:26:27,585 YOU ARE GOING TO WIND UP 1039 00:26:27,652 --> 00:26:28,586 DEVASTATED. 1040 00:26:28,653 --> 00:26:31,156 FUCK YOU, FLIPPER! 1041 00:26:31,222 --> 00:26:32,157 [LAUGHTER] 1042 00:26:32,223 --> 00:26:34,125 AND THE THING IS, AMAZON ISN'T 1043 00:26:34,192 --> 00:26:34,826 JUST A MARKETPLACE OR INDEED A 1044 00:26:34,893 --> 00:26:36,194 SHIPPING COMPANY, IT ALSO 1045 00:26:36,261 --> 00:26:36,895 STARTED COMING UP WITH ITS OWN 1046 00:26:36,962 --> 00:26:37,862 PRODUCTS NOW. 1047 00:26:37,929 --> 00:26:39,731 BECAUSE IT CURRENTLY HAS 1048 00:26:39,798 --> 00:26:45,804 APPROXIMATELY 158,000 1049 00:26:45,870 --> 00:26:47,038 PRIVATE LABEL PRODUCTS ACROSS 45 1050 00:26:47,105 --> 00:26:48,139 IN-HOUSE BRANDS. 1051 00:26:48,206 --> 00:26:50,308 AND IT'S BEEN ACCUSED OF 1052 00:26:50,375 --> 00:26:51,376 PREFERENCING THEM OVER ITS 1053 00:26:51,443 --> 00:26:52,677 COMPETITORS -- OR EVEN WORSE, 1054 00:26:52,744 --> 00:26:53,211 MAKING CLEAR KNOCKOFFS OF 1055 00:26:53,278 --> 00:26:54,245 PRODUCTS THAT'VE BEEN 1056 00:26:54,312 --> 00:26:54,846 SUCCESSFULLY SOLD ON ITS 1057 00:26:54,913 --> 00:26:55,513 WEBSITE. 1058 00:26:55,580 --> 00:26:56,648 TAKE A SMALL COMPANY CALLED 1059 00:26:56,715 --> 00:26:58,016 PEAK DESIGN. 1060 00:26:58,083 --> 00:26:59,150 IT MADE THIS CAMERA BAG, AND 1061 00:26:59,217 --> 00:27:00,218 WHEN IT NOTICED A SUSPICIOUSLY 1062 00:27:00,285 --> 00:27:01,252 SIMILAR BAG BEING SOLD BY 1063 00:27:01,319 --> 00:27:04,422 AMAZON, IT MADE THIS PRETTY 1064 00:27:04,489 --> 00:27:05,090 DECENT, SNARKY VIDEO IN 1065 00:27:05,156 --> 00:27:07,092 RESPONSE. 1066 00:27:07,158 --> 00:27:07,892 >> THIS IS THE EVERYDAY SLING BY 1067 00:27:07,959 --> 00:27:09,527 PEAK DESIGN. 1068 00:27:09,594 --> 00:27:10,562 AND THIS IS THE EVERYDAY SLING 1069 00:27:10,628 --> 00:27:12,297 BY AMAZON BASICS. 1070 00:27:12,364 --> 00:27:13,631 IT LOOKS SUSPICIOUSLY LIKE 1071 00:27:13,698 --> 00:27:15,533 THE PEAK DESIGN EVERYDAY SLING, 1072 00:27:15,600 --> 00:27:16,835 BUT YOU DON'T HAVE TO PAY FOR 1073 00:27:16,901 --> 00:27:18,570 ALL THOSE NEEDLESS BELLS AND 1074 00:27:18,636 --> 00:27:19,838 WHISTLES, LIKE YEARS OF RESEARCH 1075 00:27:19,904 --> 00:27:21,306 AND DEVELOPMENT, RECYCLED 1076 00:27:21,373 --> 00:27:23,842 BLUESIGN-APPROVED MATERIALS, A 1077 00:27:23,908 --> 00:27:25,643 LIFETIME WARRANTY, FAIRLY PAID 1078 00:27:25,710 --> 00:27:27,145 FACTORY WORKERS, AND TOTAL 1079 00:27:27,212 --> 00:27:28,913 CARBON NEUTRALITY. 1080 00:27:28,980 --> 00:27:31,116 INSTEAD, YOU JUST GET A BAG 1081 00:27:31,182 --> 00:27:32,317 DESIGNED BY THE CRACK TEAM AT 1082 00:27:32,384 --> 00:27:34,886 THE AMAZON BASICS DEPARTMENT. 1083 00:27:34,953 --> 00:27:37,122 [LAUGHTER] 1084 00:27:37,188 --> 00:27:39,858 >> John: YEAH, IT SURE SEEMS 1085 00:27:39,924 --> 00:27:40,458 AMAZON IS PUTTING OUT A CHEAP 1086 00:27:40,525 --> 00:27:41,092 COPY WITH ESSENTIALLY THE SAME 1087 00:27:41,159 --> 00:27:42,293 NAME AND DESIGN. 1088 00:27:42,360 --> 00:27:43,561 AND IT'S PRETTY WEIRD THAT ONE 1089 00:27:43,628 --> 00:27:44,863 OF THE BIGGEST COMPANIES IN THE 1090 00:27:44,929 --> 00:27:46,598 WORLD SEEMS TO BE USING THE SAME 1091 00:27:46,664 --> 00:27:48,299 STRATEGY AS KNOCKOFF DVDs 1092 00:27:48,366 --> 00:27:50,135 DESIGNED TO CONFUSE PARENTS. 1093 00:27:50,201 --> 00:27:51,703 "HEY KIDS, WE GOT YOU THE MOVIES 1094 00:27:51,770 --> 00:27:54,105 YOU ASKED FOR: RATATOUILLE, 1095 00:27:54,172 --> 00:27:55,140 TRANSMORPHERS, AND CHOP KICK 1096 00:27:55,206 --> 00:27:58,476 PANDA! 1097 00:27:58,543 --> 00:28:02,080 WHY ARE YOU CRYING? 1098 00:28:02,147 --> 00:28:04,382 IT'S WHAT YOU WANTED" 1099 00:28:04,449 --> 00:28:05,250 AND AMAZON HAS A HUGE ADVANTAGE 1100 00:28:05,316 --> 00:28:05,984 OVER ITS COMPETITORS, BECAUSE IT 1101 00:28:06,051 --> 00:28:07,218 RUNS THE MARKETPLACE, AND HAS 1102 00:28:07,285 --> 00:28:07,819 ACCESS TO ALL THE INDEPENDENT 1103 00:28:07,886 --> 00:28:09,054 SELLER DATA -- LIKE, 1104 00:28:09,120 --> 00:28:09,821 HYPOTHETICALLY, WHAT BAG IS 1105 00:28:09,888 --> 00:28:11,356 PROVING POPULAR. 1106 00:28:11,423 --> 00:28:12,824 AND LOOK, AMAZON DENIES THAT 1107 00:28:12,891 --> 00:28:13,925 THEY PREFERENCE THEMSELVES, 1108 00:28:13,992 --> 00:28:15,593 THEIR OWN PRODUCTS, OR SELLERS 1109 00:28:15,660 --> 00:28:16,961 THAT PAY FOR THEIR LOGISTICS 1110 00:28:17,028 --> 00:28:20,165 SERVICES. 1111 00:28:20,231 --> 00:28:20,765 AND THEY ALSO DENY RIPPING OFF 1112 00:28:20,832 --> 00:28:25,904 PRODUCTS BASED ON INTERNAL DATA, 1113 00:28:25,970 --> 00:28:27,205 THOUGH WHEN JEFF BEZOS WAS ASKED 1114 00:28:27,272 --> 00:28:28,039 ABOUT THAT DIRECTLY, HIS ANSWER 1115 00:28:28,106 --> 00:28:30,075 WASN'T GREAT. 1116 00:28:30,141 --> 00:28:31,142 >> LET ME ASK YOU, MR. BEZOS, 1117 00:28:31,209 --> 00:28:32,243 DOES AMAZON EVER ACCESS AND USE 1118 00:28:32,310 --> 00:28:33,211 THIRD-PARTY SELLER DATA WHEN 1119 00:28:33,278 --> 00:28:34,345 MAKING BUSINESS DECISIONS? 1120 00:28:34,412 --> 00:28:35,380 AND JUST A "YES" OR "NO" WILL 1121 00:28:35,447 --> 00:28:36,381 SUFFICE, SIR. 1122 00:28:36,448 --> 00:28:37,048 >> I CAN'T ANSWER THAT QUESTION 1123 00:28:37,115 --> 00:28:38,416 "YES" OR "NO." 1124 00:28:38,483 --> 00:28:40,652 WHAT I CAN TELL YOU IS WE HAVE A 1125 00:28:40,718 --> 00:28:41,820 POLICY AGAINST USING 1126 00:28:41,886 --> 00:28:43,388 SELLER-SPECIFIC DATA TO AID OUR 1127 00:28:43,455 --> 00:28:46,057 PRIVATE LABEL BUSINESS. 1128 00:28:46,124 --> 00:28:46,891 BUT I CAN'T GUARANTEE YOU THAT 1129 00:28:46,958 --> 00:28:47,992 THAT POLICY HAS NEVER BEEN 1130 00:28:48,059 --> 00:28:49,928 VIOLATED. 1131 00:28:49,994 --> 00:28:52,864 >> John: NOT GREAT, JEFF! 1132 00:28:52,931 --> 00:28:53,698 "WE HAVE A POLICY BUT I CAN'T 1133 00:28:53,765 --> 00:28:54,732 GUARANTEE YOU IT HASN'T BEEN 1134 00:28:54,799 --> 00:28:56,601 VIOLATED" HAS GOTTA BE ONE OF 1135 00:28:56,668 --> 00:28:57,302 THE MOST INCRIMINATING WAYS TO 1136 00:28:57,368 --> 00:29:04,943 ANSWER A QUESTION. 1137 00:29:05,009 --> 00:29:05,877 IT'S RIGHT UP THERE WITH 1138 00:29:05,944 --> 00:29:09,681 ANSWERING "DID YOU BREAK THE 1139 00:29:09,747 --> 00:29:11,249 LAW?" WITH "WHICH LAW?" 1140 00:29:11,316 --> 00:29:12,450 LOOK, IT'S PRETTY CLEAR HERE: 1141 00:29:12,517 --> 00:29:13,051 SELF-PREFERENCING STIFLES 1142 00:29:13,118 --> 00:29:13,985 COMPETITION, HURTS SMALL 1143 00:29:14,052 --> 00:29:14,886 BUSINESS AND OFTEN RESULTS IN 1144 00:29:14,953 --> 00:29:16,621 SERVING CONSUMERS AN INFERIOR 1145 00:29:16,688 --> 00:29:17,322 PRODUCT. 1146 00:29:17,388 --> 00:29:18,490 SO WHAT CAN WE DO? 1147 00:29:18,556 --> 00:29:19,424 WELL, THAT BRINGS ME TO THE GOOD 1148 00:29:19,491 --> 00:29:20,692 NEWS I MENTIONED EARLIER. 1149 00:29:20,758 --> 00:29:21,759 BECAUSE THESE TWO BILLS ARE 1150 00:29:21,826 --> 00:29:22,927 CURRENTLY BEFORE CONGRESS, AND 1151 00:29:22,994 --> 00:29:23,461 WOULD ADDRESS SOME OF THE 1152 00:29:23,528 --> 00:29:24,796 PROBLEMS YOU'VE SEEN TONIGHT. 1153 00:29:24,863 --> 00:29:25,430 AMONG OTHER THINGS, THEY'D STOP 1154 00:29:25,497 --> 00:29:27,098 MASSIVE COMPANIES THAT OPERATE 1155 00:29:27,165 --> 00:29:28,900 APP STORES, LIKE APPLE AND 1156 00:29:28,967 --> 00:29:30,301 GOOGLE, FROM REQUIRING 1157 00:29:30,368 --> 00:29:31,536 DEVELOPERS TO USE THE COMPANY'S 1158 00:29:31,603 --> 00:29:32,137 OWN IN-APP PAYMENT PROCESSOR, 1159 00:29:32,203 --> 00:29:33,037 AND THEY'D BAN ADVANTAGING A 1160 00:29:33,104 --> 00:29:34,105 PLATFORM'S OWN PRODUCTS, 1161 00:29:34,172 --> 00:29:35,306 SERVICES, OR LINES OF BUSINESS 1162 00:29:35,373 --> 00:29:36,474 OVER THOSE OF A RIVAL. 1163 00:29:36,541 --> 00:29:37,308 AND UNSURPRISINGLY, TECH 1164 00:29:37,375 --> 00:29:38,977 COMPANIES ARE FIGHTING THESE 1165 00:29:39,043 --> 00:29:41,112 BILLS HARD, MAKING THE SAME 1166 00:29:41,179 --> 00:29:42,680 ARGUMENTS THAT AT&T MADE 40 1167 00:29:42,747 --> 00:29:44,415 YEARS AGO -- THAT IF YOU TAMPER 1168 00:29:44,482 --> 00:29:45,750 WITH THEM, THINGS WON'T WORK AS 1169 00:29:45,817 --> 00:29:46,351 WELL IN THE FUTURE AS THEY DID 1170 00:29:46,417 --> 00:29:47,819 IN THE PAST. 1171 00:29:47,886 --> 00:29:49,120 ALTHOUGH THIS TIME, THEY ALSO 1172 00:29:49,187 --> 00:29:50,155 HAVE TRADE GROUPS RUNNING 1173 00:29:50,221 --> 00:29:52,724 RIDICULOUS ADS LIKE THIS: 1174 00:29:52,790 --> 00:29:54,092 >> WASHINGTON IS FULL OF 1175 00:29:54,159 --> 00:29:57,529 PROBLEMS, NOT SOLUTIONS. 1176 00:29:57,595 --> 00:29:59,964 EVERY TIME THEY GET INVOLVED IN 1177 00:30:00,031 --> 00:30:00,865 A NEW AREA OF OUR LIVES, THEY 1178 00:30:00,932 --> 00:30:02,600 JUST SEEM TO MAKE THINGS WORSE. 1179 00:30:02,667 --> 00:30:03,968 AND NOW, POLITICIANS ARE 1180 00:30:04,035 --> 00:30:05,603 BOASTING ABOUT A PLAN TO CONTROL 1181 00:30:05,670 --> 00:30:10,241 MY DEVICES AND HOW I USE THEM? 1182 00:30:10,308 --> 00:30:11,409 [LAUGHTER] 1183 00:30:11,476 --> 00:30:12,744 THEIR SILLY IDEAS COULD RUIN 1184 00:30:12,810 --> 00:30:13,645 SOME OF THE SERVICES THAT I RELY 1185 00:30:13,711 --> 00:30:14,913 ON. 1186 00:30:14,979 --> 00:30:16,147 IF I NEED DIRECTIONS, I SIMPLY 1187 00:30:16,214 --> 00:30:17,182 CLICK ONE BUTTON AND IT GETS ME 1188 00:30:17,248 --> 00:30:18,650 STRAIGHT TO WHERE I NEED TO GO. 1189 00:30:18,716 --> 00:30:20,351 IN THEIR SEARCH FOR POPULARITY 1190 00:30:20,418 --> 00:30:21,753 AND POWER, D.C. DOESN'T CARE 1191 00:30:21,819 --> 00:30:22,387 WHETHER THEY MESS UP WHAT I NEED 1192 00:30:22,453 --> 00:30:25,723 FROM THE INTERNET. 1193 00:30:25,790 --> 00:30:27,592 MY MESSAGE TO WASHINGTON: FOCUS 1194 00:30:27,659 --> 00:30:28,159 ON FIXING AMERICA'S REAL 1195 00:30:28,226 --> 00:30:32,330 PROBLEMS. 1196 00:30:32,397 --> 00:30:36,734 AND LEAVE MY PHONE ALONE. 1197 00:30:36,801 --> 00:30:37,669 [LAUGHTER] 1198 00:30:37,735 --> 00:30:38,636 >> John: WHAT IS GOING ON WITH 1199 00:30:38,703 --> 00:30:39,671 THAT UNSETTLING MAN? 1200 00:30:39,737 --> 00:30:40,638 "FOCUS ON AMERICA'S REAL 1201 00:30:40,705 --> 00:30:42,740 PROBLEMS, LIKE ME, AND WHATEVER 1202 00:30:42,807 --> 00:30:43,341 MY DEAL IS, BECAUSE WHAT IS 1203 00:30:43,408 --> 00:30:47,111 GOING ON WITH ME? 1204 00:30:47,178 --> 00:30:51,749 WHAT'S THAT THING IN MY TRUCK? 1205 00:30:51,816 --> 00:30:52,517 IS IT A TRASHCAN TAPED TO A 1206 00:30:52,584 --> 00:30:53,484 DESK? 1207 00:30:53,551 --> 00:30:54,352 A JABBA THE HUTT BARGE TAPED TO 1208 00:30:54,419 --> 00:30:55,320 A CHIMNEY? 1209 00:30:55,386 --> 00:30:56,354 ALSO, WHAT DID I JUST DO TO IT, 1210 00:30:56,421 --> 00:30:56,721 AND WHY? 1211 00:30:56,788 --> 00:30:58,289 MY BROADER POINT SEEMS TO BE I'D 1212 00:30:58,356 --> 00:30:58,856 LIKE GOVERNMENT TO PAY LESS 1213 00:30:58,923 --> 00:30:59,958 ATTENTION TO WHATEVER WEIRD SHIT 1214 00:31:00,024 --> 00:31:00,592 THAT I'M DEFINITELY UP TO. 1215 00:31:00,658 --> 00:31:01,226 BASICALLY, TO LEAVE MY PHONE AND 1216 00:31:01,292 --> 00:31:02,360 WHATEVER OBVIOUSLY INCRIMINATING 1217 00:31:02,427 --> 00:31:03,861 SHIT IS ON THERE ALONE, OR I 1218 00:31:03,928 --> 00:31:04,262 WILL LUNGE AT YOU. 1219 00:31:04,329 --> 00:31:04,829 I WILL LUNGE RIGHT AT YOU, 1220 00:31:04,896 --> 00:31:07,098 WASHINGTON! 1221 00:31:07,165 --> 00:31:08,066 [LAUGHTER] 1222 00:31:08,132 --> 00:31:09,734 THESE COMPANIES HAVE PUSHED SOME 1223 00:31:09,801 --> 00:31:11,135 WILD ARGUMENTS, FROM CLAIMING 1224 00:31:11,202 --> 00:31:12,070 THE BILLS WILL HELP CHINA, TO 1225 00:31:12,136 --> 00:31:12,637 SAYING THEY'LL SOMEHOW HURT 1226 00:31:12,704 --> 00:31:13,972 PEOPLE OF COLOR. 1227 00:31:14,038 --> 00:31:17,008 AND WE DON'T HAVE TIME TO GO 1228 00:31:17,075 --> 00:31:18,676 THROUGH EVERY BULLSHIT BOOGEYMAN 1229 00:31:18,743 --> 00:31:19,444 THEY'VE COME UP WITH, BUT NONE 1230 00:31:19,510 --> 00:31:20,078 OF THEM REALLY STAND UP, AND 1231 00:31:20,144 --> 00:31:21,312 SOME HAVE FALLEN APART 1232 00:31:21,379 --> 00:31:22,714 SPECTACULARLY. 1233 00:31:22,780 --> 00:31:30,655 APPLE, FOR INSTANCE, CLAIMS THEY 1234 00:31:30,722 --> 00:31:31,756 HAVE TO CONTROL THE APPS YOU 1235 00:31:31,823 --> 00:31:32,890 CAN DOWNLOAD, OTHERWISE IT 1236 00:31:32,957 --> 00:31:33,891 WOULD EXPOSE USERS TO SERIOUS 1237 00:31:33,958 --> 00:31:34,759 SECURITY RISKS. 1238 00:31:34,826 --> 00:31:38,496 IGNORING THE FACT THAT THESE 1239 00:31:38,563 --> 00:31:39,831 BILLS HAVE EXPLICIT CARVEOUTS 1240 00:31:39,897 --> 00:31:43,234 FOR THAT, IF APPLE COULD PROVE 1241 00:31:43,301 --> 00:31:44,369 THOSE RISKS GENUINELY EXIST. 1242 00:31:44,435 --> 00:31:45,737 AS FOR AMAZON AND GOOGLE, 1243 00:31:45,803 --> 00:31:46,738 THEY'VE BEEN ARGUING SMALL 1244 00:31:46,804 --> 00:31:47,572 BUSINESSES WOULD BE HARMED BY 1245 00:31:47,639 --> 00:31:48,873 THESE BILLS, FUNDING LOBBYING 1246 00:31:48,940 --> 00:31:49,641 GROUPS LIKE THIS ONE, THE 1247 00:31:49,707 --> 00:31:50,308 CONNECTED COMMERCE COUNCIL, 1248 00:31:50,375 --> 00:31:51,843 WHICH SUPPOSEDLY REPRESENTS 1249 00:31:51,909 --> 00:31:52,910 5,000 SMALL BUSINESSES WHO 1250 00:31:52,977 --> 00:31:54,812 ALL OPPOSE ANTITRUST REGULATION. 1251 00:31:54,879 --> 00:31:55,446 BUT WHEN POLITICO REACHED OUT TO 1252 00:31:55,513 --> 00:31:56,914 ITS MEMBERS, NEARLY ALL OF THE 1253 00:31:56,981 --> 00:31:58,383 BUSINESSES IT CONTACTED SAID 1254 00:31:58,449 --> 00:31:59,250 THEY'D NEVER HEARD OF THE 1255 00:31:59,317 --> 00:32:01,552 CONNECTED COMMERCE COUNCIL. 1256 00:32:01,619 --> 00:32:02,854 [LAUGHTER] 1257 00:32:02,920 --> 00:32:04,689 AND I DO GET WHY AMAZON, IN 1258 00:32:04,756 --> 00:32:09,060 PARTICULAR, WOULDN'T HAVE FILLED 1259 00:32:09,127 --> 00:32:11,229 THEM IN ABOUT IT, BECAUSE WHEN 1260 00:32:11,296 --> 00:32:13,498 IT DIRECTLY ASKED ITS 1261 00:32:13,564 --> 00:32:16,134 THIRD-PARTY SELLERS TO OPPOSE 1262 00:32:16,200 --> 00:32:17,802 THESE BILLS, ONE OF THEM WROTE 1263 00:32:17,869 --> 00:32:20,138 BACK, "ANY INFORMED SELLER IS 1264 00:32:20,204 --> 00:32:21,973 GOING TO SUPPORT MASSIVE ACTION 1265 00:32:22,040 --> 00:32:25,176 TAKEN AGAINST AMAZON IN THE 1266 00:32:25,243 --> 00:32:25,576 ANTITRUST ARENA. 1267 00:32:25,643 --> 00:32:26,344 WE ARE NOT MORONS AND KNOW 1268 00:32:26,411 --> 00:32:27,779 HOW TO READ AND THINK FOR 1269 00:32:27,845 --> 00:32:29,447 FOR OURSELVES." 1270 00:32:29,514 --> 00:32:30,315 WHICH IS BASICALLY A POLITE WAY 1271 00:32:30,381 --> 00:32:31,616 OF SAYING, "FUCK YOU AND 1272 00:32:31,683 --> 00:32:32,417 THE SPACESHIP YOU RODE IN ON." 1273 00:32:32,483 --> 00:32:33,284 THE TRUTH IS, THESE BILLS ARE 1274 00:32:33,351 --> 00:32:34,652 NARROW -- ARGUABLY, TOO NARROW. 1275 00:32:34,719 --> 00:32:35,353 BUT THAT'S PROBABLY WHY THEY 1276 00:32:35,420 --> 00:32:36,821 HAVE BROAD BIPARTISAN SUPPORT. 1277 00:32:36,888 --> 00:32:43,695 BOTH BERNIE SANDERS AND JOSH 1278 00:32:43,761 --> 00:32:44,996 HAWLEY WANT TO PASS THESE BILLS. 1279 00:32:45,063 --> 00:32:46,731 THAT'S BASICALLY THE ONLY THING 1280 00:32:46,798 --> 00:32:47,699 THEY HAVE IN COMMON. 1281 00:32:47,765 --> 00:32:48,766 APART FROM THE FACT BOTH THEIR 1282 00:32:48,833 --> 00:32:49,334 SMILES ARE EXCLUSIVELY UPPER 1283 00:32:49,400 --> 00:32:51,469 TEETH, NO LIP. 1284 00:32:51,536 --> 00:32:52,136 SO WHY HAVEN'T THE BILLS MOVED 1285 00:32:52,203 --> 00:32:53,004 FORWARD? 1286 00:32:53,071 --> 00:32:54,472 WELL, SOME BELIEVE IT DOESN'T 1287 00:32:54,539 --> 00:32:55,406 HELP THAT AT LEAST 17 MEMBERS OF 1288 00:32:55,473 --> 00:32:56,240 CONGRESS CURRENTLY HAVE CHILDREN 1289 00:32:56,307 --> 00:32:57,475 WHO WORK OR HAVE RECENTLY WORKED 1290 00:32:57,542 --> 00:32:58,710 FOR FOUR OF THE BIGGEST TECH 1291 00:32:58,776 --> 00:32:59,811 COMPANIES, INCLUDING, CRUCIALLY, 1292 00:32:59,877 --> 00:33:00,778 CHUCK SCHUMER'S DAUGHTERS, ONE 1293 00:33:00,845 --> 00:33:01,846 OF WHOM WORKS AS A MARKETING 1294 00:33:01,913 --> 00:33:03,548 MANAGER AT META, AND ONE OF WHOM 1295 00:33:03,614 --> 00:33:04,716 IS A LITERAL REGISTERED LOBBYIST 1296 00:33:04,782 --> 00:33:07,285 FOR AMAZON. 1297 00:33:07,352 --> 00:33:08,119 AND THE REASON THAT IS 1298 00:33:08,186 --> 00:33:15,159 INTERESTING IS BECAUSE 1299 00:33:15,226 --> 00:33:17,829 CHUCK SCHUMER IS THE PERSON WHO 1300 00:33:17,895 --> 00:33:18,963 NEEDS TO CALL THESE BILLS TO A 1301 00:33:19,030 --> 00:33:19,764 VOTE. 1302 00:33:19,831 --> 00:33:20,898 AND WHILE HE HAS CERTAINLY SAID 1303 00:33:20,965 --> 00:33:21,999 HE'LL DO THAT, HE HASN'T DONE IT 1304 00:33:22,066 --> 00:33:22,734 YET, AND IF HE DOESN'T DO IT 1305 00:33:22,800 --> 00:33:23,668 BEFORE CONGRESS LEAVES FOR ITS 1306 00:33:23,735 --> 00:33:24,702 AUGUST RECESS, THE BILLS ARE 1307 00:33:24,769 --> 00:33:25,303 PROBABLY DEAD, BECAUSE IN THE 1308 00:33:25,370 --> 00:33:25,970 FALL, EVERYONE'S GOING TO HAVE 1309 00:33:26,037 --> 00:33:27,271 MOVED ON TO FOCUSING ON THE 1310 00:33:27,338 --> 00:33:28,940 MIDTERM ELECTIONS, WHERE AS WELL 1311 00:33:29,006 --> 00:33:31,476 ALL KNOW, THE DEMOCRATS WILL BE 1312 00:33:31,542 --> 00:33:32,343 ABSOLUTELY ANNIHILATED. 1313 00:33:32,410 --> 00:33:33,177 SO WE HAVE A VERY SMALL WINDOW, 1314 00:33:33,244 --> 00:33:35,880 RIGHT NOW, TO ACTUALLY DO 1315 00:33:35,947 --> 00:33:37,048 SOMETHING ABOUT THIS. 1316 00:33:37,115 --> 00:33:38,950 AND IF ANY PART OF YOU IS 1317 00:33:39,016 --> 00:33:40,585 THINKING, WHO CARES? 1318 00:33:40,651 --> 00:33:42,553 THINGS BASICALLY WORK FINE FOR 1319 00:33:42,620 --> 00:33:43,821 ME RIGHT NOW. 1320 00:33:43,888 --> 00:33:44,756 IT'S WORTH REMEMBERING, PEOPLE 1321 00:33:44,822 --> 00:33:45,790 THOUGHT THINGS WORKED FINE WITH 1322 00:33:45,857 --> 00:33:47,325 AT&T BEFORE THEY WERE BROKEN UP, 1323 00:33:47,392 --> 00:33:48,226 BECAUSE THEY LITERALLY DIDN'T 1324 00:33:48,292 --> 00:33:49,193 KNOW WHAT THEY WERE MISSING. 1325 00:33:49,260 --> 00:33:50,161 THE PROBLEM WITH LETTING A FEW 1326 00:33:50,228 --> 00:33:56,334 COMPANIES CONTROL WHOLE SECTORS 1327 00:33:56,401 --> 00:33:57,635 OF THE ECONOMY IS THAT IT LIMITS 1328 00:33:57,702 --> 00:33:58,269 WHAT'S POSSIBLE FOR STARTUPS BY, 1329 00:33:58,336 --> 00:33:59,103 IF I MAY QUOTE AT&T'S 1330 00:33:59,170 --> 00:34:00,304 INCOHERENT MEMO, "CHOKING THEM 1331 00:34:00,371 --> 00:34:00,872 BEFORE THEY CAN EVEN GET 1332 00:34:00,938 --> 00:34:02,607 STARTED." 1333 00:34:02,673 --> 00:34:04,142 AN INNOVATIVE APP, OR WEBSITE, 1334 00:34:04,208 --> 00:34:05,443 OR PRODUCT, MIGHT NEVER GET OFF 1335 00:34:05,510 --> 00:34:06,911 THE GROUND, BECAUSE IT COULD BE 1336 00:34:06,978 --> 00:34:08,112 SURCHARGED TO DEATH, BURIED IN 1337 00:34:08,179 --> 00:34:09,347 SEARCH RESULTS, OR RIPPED OFF 1338 00:34:09,414 --> 00:34:11,449 COMPLETELY. 1339 00:34:11,516 --> 00:34:13,084 THESE BILLS WOULD CRACK THE DOOR 1340 00:34:13,151 --> 00:34:14,719 BACK OPEN FOR INNOVATION, AND 1341 00:34:14,786 --> 00:34:16,754 NUDGE THE INTERNET BACK TOWARD 1342 00:34:16,821 --> 00:34:18,890 WHAT IT WAS SUPPOSED TO BE FROM 1343 00:34:18,956 --> 00:34:20,291 THE START: A REVOLUTIONARY TOOL 1344 00:34:20,358 --> 00:34:21,426 THAT EXPANDS GLOBAL ACCESS TO 1345 00:34:21,492 --> 00:34:23,761 INFORMATION, AND THE ABSOLUTE 1346 00:34:23,828 --> 00:34:24,762 BEST PLACE TO RESEARCH SURFING 1347 00:34:24,829 --> 00:34:26,564 SPOTS. 1348 00:34:26,631 --> 00:34:27,899 GET YOURS, PETER. 1349 00:34:27,965 --> 00:34:30,101 GET YOURS. 1350 00:34:30,168 --> 00:34:31,135 [LAUGHTER] 1351 00:34:31,202 --> 00:34:36,207 THAT'S OUR SHOW. 1352 00:34:36,274 --> 00:34:37,275 THANK YOU SO MUCH FOR WATCHING. 1353 00:34:37,341 --> 00:34:37,975 SEE YOU NEXT WEEK. 1354 00:34:38,042 --> 00:34:40,711 GOOD NIGHT! 1355 00:34:40,778 --> 00:34:42,580 ♪ ♪