Breaking Up Tech Companies Is a Terrible Idea, Says Max Levchin

The transcript discusses antitrust issues with big tech companies, arguing against breaking them up due to global competition. It highlights the importance of fair competition and the role of regulators. The conversation shifts to Facebook's handling of hate speech, emphasizing the balance between free speech and controlling harmful content. Finally, it touches on Apple's competitive practices with Apple Pay, noting that Affirm finds it accommodating.

What is the speaker's opinion on breaking up large tech companies?

• It is irrelevant to the current market dynamics.

• It should be done to support small businesses.

• It is a terrible idea due to global competition.

• It is necessary to ensure fair competition.

Why does the speaker believe that breaking up large tech companies could hinder innovation?

• It would reduce their ability to compete globally.

• It would increase their operational costs.

• It would lead to increased regulation.

• It would make them less attractive to investors.

What role does the speaker believe regulators should play in the tech industry?

• They should support only local companies.

• They should break up large companies.

• They should ensure fair competition.

• They should limit global expansion.

What is the speaker's view on the power of bundling and vertical integration?

• It is a disadvantage for large companies.

• It provides a competitive edge globally.

• It should be avoided to promote fairness.

• It is irrelevant in today's market.

What is the speaker's stance on free speech in relation to Facebook's handling of hate speech?

• Free speech should be unrestricted regardless of content.

• Free speech should be limited to prevent hate speech.

• Free speech is important, but hate speech must be controlled.

• Free speech is less important than preventing misinformation.

Why did Affirm pull its advertising from Facebook?

• Due to Facebook's handling of hate speech.

• Due to a partnership with another social media.

• Because of Facebook's financial instability.

• To focus on other advertising platforms.

How does the speaker view Affirm's interaction with Apple Pay?

• Affirm is unable to integrate with Apple Pay.

• Affirm believes Apple Pay is anticompetitive.

• Affirm has no issues and finds Apple Pay accommodating.

• Affirm finds Apple Pay restrictive and limiting.