Tim Wu

I've done all those.

I just ordered a blender from Kohl's versus we've moved to extraction and we should see it as a public policy problem.

Yeah, I think that's a really great question.

It's the kind of question we've faced, I think, repeatedly in history.

When you start to have a business model start to settle down, you see less real disruptive competition possible.

And I think at some level, once a market has settled...

At some point, you've got to call a limit.

And we do that in many other markets.

And Amazon is still a great way to find a lot of product.

It's the world's largest marketplace.

But I would say they're running themselves like an unregulated monopoly.

Both of you spend a lot of time on the number of small acquisitions that these companies make.

And maybe many of them get shut down or they acquihire the top people.

But there are also things that might have grown into something bigger or else.

On the other side, sometimes it really is a case that a big player buying something smaller, they can scale it up into something, you know, new.

Like Google bought, I mean, this was actually a fairly big acquisition, but Waymo.

And kind of amazingly, like they seem to have made driverless cars work.

And I think access to Google's compute and other things was not insignificant in that.

And you can look at other cases where, you know, these companies buying something small, they're able to build it into something new.

That ends up being a great option in Microsoft Office or in Google Docs or whatever it might be.