Tim Wu

frankly a lack of courage on the part of government and the regulators or the officials or you know to make decisions that are really supposed to help people it's much easier to say well you know i'm afraid to do something so i'm going to help them decide so i agree i think the gdpr has actually failed prevent surveillance that being the european bill that created all those pop-ups

Yeah.

GDPR, the European privacy law, succeeded in creating a lot of pop-ups and things to mess with.

It succeeded in making it harder to challenge big tech companies in Europe because they're over-regulated and the little guys have to also go through all this stuff.

And so, yes, I think this has been a failure.

I think for people to start to believe in government again...

It has to help us in situations where we are not strong enough to deal with something much more powerful or something that has a lot more time to think about it.

I mean, it's like we're playing poker against experts.

You know, at some point we need to get backbone and have government on people's side.

Now I'm starting to sound like a politician, but I mean it.

People say that, but really doing it makes making, you know, helping people when they are powerless or distracted or don't have energy to deal with things.

Corey?

That sounds bad, but I want to get you to explain the core mechanism you're describing here better because I actually don't know it because that bill did pass and then all of a sudden the entire internet filled with these pop-ups.

The one place where I do disagree with you, having covered a lot of different, both cartels and rabbles, lobbying Congress, it's not easy to regulate the Association of Community Banks, for instance.

When you have something where there are, in every single district, like individual leaders of the district who will come and lobby their member of Congress, it's really hard.

I'm not saying that monopolies are good because they make it easier to regulate.

I'm just saying that it doesn't solve the problem of

the government runs on money and influence.

Sure, but can we agree on necessary but insufficient?

Yeah, so we can do that.