Founder of Facebook and Chief Executive Officer, Mark Zuckerberg, spoke about one of the potential democratic candidates for next year’s presidential election in his Facebook Q&A with his employees.
Zuckerberg spoke about Senator Elizabeth Warren and how if she’s elected, she will break up one of the biggest social networks in the world. Zuckerberg used the phrase ‘You go to the mat and fight,’ in regard to giving the U.S. government a lawsuit, if Warren is elected because she will attempt to shut down the social network and other big tech companies.
Elizabeth Warren has stated that social media interferes with all national elections today and, her whole purpose for proposing to breaking up Facebook is to take the power from them and other big companies such as Amazon. In March, Warren put forth a plan to break the large tech companies in the U.S. She wants “equality for everybody and for even the big names who have held power to play by the rules as well.”
Warren said in a blog post, “I want a government that makes sure everybody — even the biggest and most powerful companies in America – plays by the rules.” Mark Zuckerberg said, “you have someone like Elizabeth Warren who thinks that the right answer is to break up the companies … I mean, if she gets elected president then I would bet that we will have a legal challenge, and I would bet that we will win the legal challenge.”
The idea and plan are very considerate and optimistic, but some think Candidate Warren is attempting to cancel everything the millennial’s and Generation Z is accustomed to already. Majority of people today have or use Apple products. Facebook is utilized more, so as a way to stay in contact with friends you do not see that often and talk. Google is an online advanced encyclopedia. Then Amazon offers everything nowadays that certain businesses cannot keep up.
Facebook is currently at the top of the priorities for Elizabeth Warren because of its investment into Instagram and WhatsApp. She may have the support to pull it off only because both Republicans and Democrats are interested in the idea as well. Zuckerberg had a talk with the current president, Donald Trump and some D.C. lawmakers in September. He threw his competitor ,Twitter under the bus, when he said: “It’s why Twitter can’t do as good of a job as we can. I mean, they face, qualitatively, the same types of issues. But they can’t put in the investment. Our investment on safety is bigger than the whole revenue of their company.”
Zuckerberg does not want to get himself involved in a lawsuit with the government when you’re a man of his stature who is running a top social network majority of people use for both personal and business purposes. Not only would the government have a fight with the company, but they will find themselves at a battle with the citizens who enjoy using social media. Zuckerberg again stated on the matter, “Yeah. I mean, I don’t want to have a major lawsuit against our own government. I mean, that’s not the position that you want to be in when you’re, you know, I mean … It’s like, we care about our country, and want to work with our government and do good things.” He said this with an arrogant attitude.
Another valuable point Mark Zuckerberg brought up was losing big tech companies could create election interference which means the companies cannot work together accordingly. Companies and businesses invest into presidential campaigns and would like to stay involved through the whole process. With no technology or social network, there is not a consistent communication between both sides.
Although Elizabeth Warren is the targeted candidate, other Democratic presidential candidates agree with the topic as well. Senator Bernie Sanders and Senator Kamala Harris are interested in breaking up the companies. Senator Harris said the break-up should be “seriously” considered in this next administration. Another candidate, Senator Amy Klobuchar, who is a lawmaker, also introduced the Honest Ads Act that forces Facebook to reveal purchasers of advertisements on their platform, criticized big tech companies in her speech, announcing she was running for this upcoming presidential election.
Senator Bernie Sanders had something to say specifically about Zuckerberg and other billionaires in this world. Sanders said the “billionaires shouldn’t exist.” Sounds like congress members are not satisfied with the number of billionaires today in this world. In their eyes it is ridiculous. Zuckerberg also feels the s
ame way. Zuckerberg said, “I don’t know if I have an exact threshold on what amount of money someone should have, but on some level no one deserves to have that much money.” He too agrees there shouldn’t billionaires, but the man cannot control how much revenue he receives from the company.
The whole purpose of the major tech companies breaking apart is to help prevent the government going in debt. All the major tech companies revenue combined is worth more than the government and the new presidential candidates are not okay with that. They are putting plans and techniques together to get these laws and actions put in place immediately. It can be done, but like Zuckerberg already said, a fight will be put up.