in the midst of the coronavirus there's been a lot of talk about amazon being too big not. and this is a moment when it's on could actually look our site is a benefit but we've been doing a been if it to the country and they've been bungling it so our. bet amazon has called the workers accusations completely unfounded and said that it has taken extreme measures to make sure employees are safe while on the job which has been an issue they face well before the coronavirus what do we know about steps that amazon either has or has not taken. well look we know this we know that in at least 10 amazon warehouses there have been people who were. in those warehouses who have contract id the coronavirus 1000 we know amazon in most cases according to worse has not notified warehouse employees instead in between ships that go in and then they're cleaning the warehouse areas that there was you know. 6 feet apart and that keeps everyone safe but we we've even. asked the. workers from those where say that they are looking early actions on their social media from faith or from local news o

recovery have on supply lines and the juggernauts economy we'll bring you expert analysis and later as amazon stock has shined amid the corona virus outbreak some of its employees are voicing concerns about their health and compensation of a packed show today so let's go and dive right in. and the world now has more than 800000 cases of the coronavirus and cost the lives of more than 40000 people here in the u.s. the death toll grew by more than 500 in a day for the 1st time since my on monday now during his daily briefing on the pandemic u.s. president donald trump talked about how important the next month will be to fighting the spread of the virus. this is our shared page you had a guilty challenging times are ahead for the next 30 days. and this is a very vital 30 days we're sort of putting it all in the mind this 30 days so important because we have to get back. but the more we dedicate ourselves today the more quickly we will emerge on the other side of the crisis and as the us president touted a newly authorized 15 minute test the nation's leading infectious disease expert dr anthony f

fall in amazon shares after hours trading. amazon rose to a record high. after they saw profits shrink and predicted they may report a loss this quarter mainly because they had to increase spending to keep logistics operations running smoothly. both vacantf apple, cap it cap -- both big mega tech companies. the nfl is giving the e-commerce giant the exclusive right to air live games for the first time ever. we want to bring in our business of sports reporter to give us some more details. what exactly does this deal that amazon is struck with nfl entail? are two parts of it. amazon will continue to have nonexclusive rights to stream the thursday night games which they have been doing. the important part is the exclusive game. one game out of each of the next three seasons, amazon will be the only place you can watch that if you are not in one of the all markets. that is a much bigger deal. amazon dipping nato into the waters of exclusivity. do we have any sort of sense of what amazon is getting out of this? is this just a play for more eyeballs ? eben: amaz

so afraid of amazon? >> you would have to ask them. i don't know. but i will tell you that that it was so severe that i could get nobody on the record. so there are no quotes. just me. >> right now, we are sitting in washington where there is incredible screening on tech companies on antitrust grounds. do you think that amazon is a monopoly? >> not a monopoly in the traditional sense. but i think they've definitely exhibited some of the behaviors of sort of market dominance. i'm not an antitrust lawyer, i don't have a legally valid opinion on this. any company that gets big enough that you can, you know, move markets. art to be looked at. you know? and i'm not a regular here. i kind of am, i sit on the said. and i'm a big believer in regulation. i think regulation is probably good in a lot of situations. on the other side, these tech platforms, and amazon in particular, are very good at keeping the customer in mind. so i think what you are looking for is a tech platform that gets very powerful. that still

do you think amazon investors give amazon enough credit for amazon prime video we've talked a lot aboutg. is that a big part of this story as well though >> yeah. i think the prime video stuff has always been a curious thing they've embarked upon. they're spending plenty of money on it. you mentioned netflix. between netflix and amazon, these are the kind of two coronavirus you know, made companies if you think about it in terms of their operating system and the way they, their whole value proposition is kind of designed for the current situation. not that they intended it that way, but it's fortuitously i think i'd like to know a bit more in terms of amazon kind of thinks about its services business, its media businesses do they need to spend more money creating stuff they just renewed a thursday night football deal with the nfl. they're not necessarily exclusive games. you can still turn on your broadcast station and watch them so what's their thinking there just a way to boost more prime subscribers or can they become the dingital distributor. so that's still something we need to fig

time now for a quick break but hang here because when we return we'll tell you the lengths amazon is willing to go to and for social distancing for their employees plus we work we were told if you lost you claiming softbank is dropping out of a $1000000000.00 deal now to go to break here the numbers of the book. more problems for amazon as the company is reportedly now warning employees that they could be fired for violating social distancing rules now amazon has reportedly ordered workers at warehouses across the country to stay 6 feet away from their colleagues among other protective measures in order to limit the spread of the coronavirus the facilities that make up amazon's vast logistics networks vary in size and headcount depending on their function some fulfillment centers are the size of 26 football fields and employ thousands of workers making it challenging for amazon to ensure these social distancing rules but is there more to the story well joining us now to go deeper into the ticket of reporter and boom bust co-host ben swan ben why is amazon taking the step right now. w

amazon earnings also out this hour. amazon shares down after the bell. want to bring in taylor riggs who has been following all of this. in that interview with tim cook, he told me he believed this pickup in april was driven by some of the new products they have launched over the past few weeks including the cheaper iphone, a macbook air, and ipad pro. as well as stimulus from the federal government and people getting used to, we are in the middle of a pandemic and this is the way things will be for a little while. what is your take? taylor: great interview because i really think you hit the nail on the head, that no one effectively really cares about january through march. we really wanted guidance on april and how that april was or how quickly we might see a rebound. very good news that perhaps april started to see at least in the second half, a recovery from what you would say was very depressed levels at the end of march and early april. that is what analysts wanted, starting to see when we going to get a little bit of a turnaround? , what's that out

amazon closing at a record high. these companies, amazon, apple, reporting momentarily. health care was another bright spot today. gilead is very close to getting fda approval for the remdesivir coronavirus drug. that stock up 1%. j. crew just filed for bankruptcy. we got consumer spending data for the month of march, worst monthly drop we've ever seen. consumers are pulling back. look at this, with the j. crew news for retail rut, gap down 10% today. macy's down 3 1/2%. but, melissa, they said on monday they're reopening 68 of our stores in some states that have reopened their economies as best as they can, melissa. melissa: that is really staggering. j. crew filing for bankruptcy, you know having been such a hot brand. it really shows you the times right now. let me ask you because we're looking ahead, obviously we have a lot of big earnings on deck, looking at apple, what are some of the things you're looking for in that report or you expect? >> apple will be a big one because they're holding so much cash on hand. they have such a big presence in china, melissa. so we

more problems for amazon as the company is reportedly now warning employees that they could be fired for violating social distancing rules now amazon has reportedly ordered workers at warehouses across the country to stay 6 feet away from their colleagues among other protective measures in order to limit the spread of the coronavirus the facilities that make up amazon's vast logistics networks vary in size and headcount depending on their function some fulfillment centers are the size of 26 football fields and employ thousands of workers making it challenging for amazon to ensure these social distancing rules but is there more to the story well joining us now to go deeper into the thicket of reporter and boom bust co-host ben swan ben why is amazon taking this stuff right now. well look amazon would say that they're doing this because they need to protect their workers and look out for them in terms of the covert 19 and prevent it spread right by instituting really by an incredible use of force social distancing guidelines they're not even rules they refer to them as rules are not ru

were away and one of the things we talked about collectively is how well amazon was trading and amazon's rallied 50% from the load we made seemingly a month ago. we'll see if it bores out and i think you own it into earnings on thursday. you pull the rip cord ahead and you look to re-enter the position at 2170 which if you recall was the high we topped out in february. that's how i'm looking at it, and that's how i think you trade amazon next week.

time now for a quick break but hang here because when we return we'll tell you the lengths amazon is willing to go to enforce social distancing for their employees plus we work we work filed a lawsuit claiming softbank is dropping out of a $1000000000.00 deal and as we go to break here are the numbers at the close. this is a story of women women with troubled histories and complex cold cases you know some of those deadly leave the law who lives out there. where not to believe the person that they're accusing this in to be considered the most dangerous of criminals she's in a still. well below 23 hours a day tell me that it's not enough and it. will do women on death row. city on. its. mind you know been in pieces no you can see them they don't know yet but i mean don't. learn the missing mom because we've got to me i'm a strong. family i don't. think. it's . very i'm certain. part. of the baby had a fever of $38.00 so point $30.00 we're hoping that's. all ok. more problems for amazon as the company is reportedly now warning employees that they could be fired for violating social dist

but how important has cloud services like amazon a to the u.s. and become now to that company well yeah and that's and that's kind of the whole point here amazon obviously is a massive company doing a lot of different things 8 of us amazon web services it's cloud service and cloud company and essentially amazon seasoning just a minutes amount of profit coming from the someone give you some numbers here so get this amazon web services right is the cloud division it brought in net sells of 8380000000 dollars just in the june quarter of last year of $21000.00 that's $8380000000.00 but at the same time 8 of us accounts for 60 percent of the total operating profit for all of amazon so a 60 percent of that company's and higher profit is coming from just it's cloud computing not from the stuff that you're ordering online and you would think that the opposite it actually here so i'm sure that ben ali baba really is giving amazon and microsoft as well a run for their money we'll see how well they do but they seem to be looking like they're. be prepared fo

the action came a week after chris smalls, a worker at amazon, was fired by amazon after leading a strike at the as jfk8.house known more than 50 amazon warehouses across the u.s. have confirmed covid 19 cases, including the staten island warehouse where at least a dozen workers have tested posositive for the virus. this is rina cummings. >>>> ever recently been made awe there are more positive coronavirus cases at the warehouse. i am not going to o work today becacause amazon is putting my life at risk. they're puttingng my fellow workerers life at risk as welels the community at risk. we need jeff bezos to close the warehouses with positive cases. amy: we turn right now to ateles sosolis, lead organizer make the road new york. she helps lead the group's beyond amazon coalition n in new york city and helped organize monday's strike. in a minute, we will talk about mutual aid rising among immigrant and low income communities and make the road's emergency response fund, and we will be speaking with congressmember alexandria ocasio-cortez for the rest of the hour. but right now we turn to a

time now for a quick break but hang here because when we return we'll tell you the lengths amazon is willing to go at $24.00 social distancing for their employees plus we work we were filed a lawsuit claiming softbank is dropping out of a $1000000000.00 deal now to go to break here the numbers at the close. what is the difference between embarrassing gaffes and elder abuse joe biden certainly excels at the former and maybe is the victim of the latter we're told dimension of mental health is off limits to what degree is the public the right to know. is your media a reflection of reality. in a world transformed. what will make you feel safe from. isolation or community. are you going the right way or are you being led some. direct. what is truth what is faith. in the world corrupted you need to descend. to join us in the depths. or a maybe in the shallows. in this community there are people who believe that it's ok. it's really hard there are no jobs and you see that i've got kids. and as a parent. i can come up with an argument there's a lot of conflict in the game between the cost of

amazon has finally caught up.nk they are started to catch up to some of the worker complaints. you have seen across industry, workers on the front line and being asked to come to work. grocery clerks, postal workers, ups drivers. there's always going to be that fear when you are out there going about your day to day routine during a pandemic. i suspect workers will always say their employer could always do more to keep them safe. emily: matt day. we will be back with you as the situation continues to develop. thanks for that update. meantime, video streaming is soaring and that is true, perhaps even more so on youtube where traffic is up 75%. the chief product officer and i sat down at the end of last week to talk about activity on the platform, with the company is doing to fight misinformation. take a listen to what he had to say. >> there has been an increase in traffic, as you can imagine. there have been a couple of things that are interesting to note. youtube in particular has had historically sort of slightl

they were being amazon. so we looked at the options so then we realized there were all of these that were done for a very good reasons we kept doing it. and we didn't match the price we just kept going. and it lasted about a year and a half. so than on hollywood 2015 amazon gave up and they mailed all of their former customers a little white square reader. so that is what happened and that's what led me to the book as someone who was raised in a scientist i needed an explanation why did this happen? you just can't be lucky. so square had the innovation stack and there is a reason i had not seen it. and then oh my god that is it. that is what allowed all these other companies that i studied to survive vicious attacks. you don't think amazon was bad but southwest airlines was worse. and herb kelleher had it worse than i did. >> so you looked around and you couldn't find other companies that could be amazon. so you found people amazon beat but they were not willing to talk to on the record. >> i found many amaz

they are successful or amazon but what creates a success? in some cases it is just the pure disruptive nature of technology overwhelms anything else. this is my people studied google's business practices. they can find their own space program which is tremendous that management could be crummy but it sets a powerful force for technology. so if you exclude that what you are left with is businesses throughout history building those innovation stacks to dominate their industry so i go back several hundred years ago and work forward just to show the pattern that is systemic and innovation and not just the result of having amazon web services and viral growth. >> people might be surprised to learn this actually started as a graphic novel. tell us about that evolution. >> i didn't want to write a business book. i don't particularly like them they are boring. [laughter] this ponderous self-serving , not scientific. so i saw this and thought i have to share this. but i didn't want to write a business book so i start looking at stories of the compani

do you think amazon is a monopoly? >> not in the traditional sense but they exhibited some of the behaviors of market dominance. i don't have a valid opinion on this. but any company that gets big enough that it can move markets ought to be looked at. again, i'm not a regulator. i guess i kind of am. i'm a big believe her and regulations. it's good in a lot of situations. but on the other side, these platforms and amazon in particular are good at keeping the customer in mind. i think what you are looking for is a platform that gets very powerful but still maintains a semblance of responsibility. and i think that amazon and google have kind of done that and facebook kind of has not done that so they deserve regulation in different levels. >> host: i want to ask about apple because the square couldn't exist without the iphone and later much of the business rely on the ipad so what do you think of them in that context? >> guest: they are super powerful and really important to get along with. they also have great innovatio

amazon, it's kind of a wildcard. it's a company that generally always has low margins, but seeing those margins get slimmer is something analysts and investors don't want to see. that said, it is such a critical lifeline and almost part of our commerce infrastructure that, given the demand, and as we shelter-in-place around the world, amazon is going to see a lot of business. emily chang, thank you for that. we will have plenty more on amazon and apple. let's get a quick check of the first word headlines. the coronavirus continues to hurt the u.s. economy with millions more registering for unemployment aid. job losses have now topped 30 million with 3.8 million people signing on the week ending april 25. the number of claims indicates a total and employment rate of 22%, the highest since the 1930's. however, the rate has been falling. high.ro is data shows the region suffered the worst three-month contraction in decades, with christine lagarde saying the euro zone could shrink as much as 15% during the current period

even the fights but will they get there in time then leaked memos from amazon executives show plans on how to fight union organizing and workers upset about safety and coronavirus fears we're going to discuss with our guest in seattle and if money from the coronavirus rescue bill wasn't enough you might be a luck congress is preparing to rescue package number 2 but could all of this have been avoided we're going to discuss that and more coming up all right it's time to boost your news i q. as covert 1000 cases in the americas doubled just this past week the pan american health organization calls for protection and peace supplies for health care workers at the frontlines paho is appealing for cooperation from the private sector in the form of some $94800000.00 in donations now at least $51.00 countries and territories in that region are now currently battling this pandemic so joining us now to discuss cooperation and assistance is dr. he's the director of health emergencies at the pan american health organization dr they thank you so much for being with us so as of april 6th. well skimm

emily: coming up, we will be talking about amazon. amazon also reporting earnings later this week.a preview coming up. this is bloomberg. ♪ emily: amazon said to report its first quarter results tomorrow. i want to bring in bloomberg's matt day, who covers amazon for us. they halted their non-essential e-commerce business, but saw a huge spike in essential items, grocery delivery was a huge part of this quarter. still a relatively small part of amazon's business. what are you going to be watching? will amazon's mix of sales be interesting. traditionally they have not relied a bunch on groceries and staples. for them that is like flipping a switch as the pandemic ca -- as the pandemic came and people shopped from home. overall it will be what they have been selling and how much demand boost they saw from people children at home. emily: advertising has been a growing part of amazon's business. they have been coming in a distant third to facebook and google, but supposedly an increasingly important part of the business. we have seen facebook and google's ad businesses suffering at the

i could not tell you that amazon is ignoring our request.em to be proactively trying to participate in the market and get these people off of their platform. emily: amazon workers have been pushing back against -- about safety conditions, especially at where houses. there are no amazon where houses at louisiana -- in louisiana but you have got deliveries. what would you like to see from amazon when it comes to safety, and are you satisfied with the measures that have been taken? ag landry: what i would want from amazon or any other company in the united states is to respect the current crisis we are in. that is a respect i believe goes both ways from employees, because they have a responsibility, as well as employers. we are sending a message to the folks that, don't go to work if you are sick. feel you have been exposed, let your employers know. and on the flipside we are encouraging employers to become changes in respectful -- becomes -- employers to be conscientious. i try to take a measured approach with employee-employer disagreements.

i was a latecomer to the amazon pantry, but now you have the subscription of amazon that's set it and forget it so for me, i'm not going to turn that switch off once we come out of a hole and you'll wind up ordering these things, and the longer answer is i agree with guy. some resistance at the 2465 level into earnings, i'll be taking profits and the more we see vaccine headlines enter into the equation, the quicker people are going to vacate their amazon position so i would say sell and say thank you, mr. bezos >> wow sell the news kind of an event there on amazon.com. tim seymour, would you agree with that? >> you know what i think amazon is, first of all, always rewarded by the market when you go with growth at all cost so i think this is a good environment. remember on march 16th in the middle of a parade of negative news they said they're going out to hire 100,000 new workers and some of that was to pull in folks that they'd furloughed, et cetera the last 75 were about going for it i do think that amazon, steve started to get into this, first of all, the changes that we talked ab

amazon, microsoft, still down 7% on the year. cap, where they really do rule the game, now less than half a percentage point away from being unchanged on the year. emily: where to next for the stock market now that some key resistance levels have been broken? sarah: the nasdaq plunged really quickly its 50 day moving average. on the s&p 500, it punched through the retracement level. pointing to that 50-day moving average, about 1.5% away. this large debate over this -- over whether this of aprily or the start market. that this is short-term and tactical. it does not mean there will not be more volatility to,, but why the change, he says, is because beennderlying momentum has so strong. recognizing the momentum we have seen in big cap tech. morganjamie dimon of jp saying reopening potentially by summer. what did bank earnings tell us today and what can the rest of the market tell us? is a lot of uncertainty over when the economy will actually reopen. that has been a problem because it has been very difficult to get a sense of what

strategy to make him the face of the entire union organizing movement it's no secret that amazon has resisted efforts of organized labor for years smalls was let go last week after leading colleagues in a lunch hour protest in staten island new york over the company's response to the pandemic we'll have go by the depth of the rarefied air it's done business yeah like you border down like. we started this it was good it is strong but we're told by soon he sees their deeds but we call the same thing to you. but amazon says small's was fired for violating a company policy of a 14 day quarantine period after coming into contact with an employee who tested positive for the virus when specifically asked about the memo david's below skee amazon's general counsel said that his comments were quote personal and emotional and a statement he says i was frustrated and upset that an amazon employee would endanger the health and safety of other amazonian but repeatedly returning to the premises after having been warned to quarantine himself after exposure to virus cove at 19 i let my emotions draft

>> amazon. great results and the fact that they maintained is positive on amazon the spend curve, i just want to put that into perspective and the $4 billion in spending, they talked about same-day spending of 900 million in that quarter and this is in line with what they historically have done on the spending side and i understand that reaction and amazon makes a ton of sense and this has traded over a hundred times next year's noons and after analysts make their adjustment not surprised. there say difference between companies changing the world and doing great things and great investments and i want to draw a line with apple's results makes no sense to me, i always make a prediction where i think the stock should be trading and on these numbers i thought it would be up 5+% and i don't know where it is at this minute, but ultimately this is a rock solid company, and i do have, i am on a different page than the investors versus the traders the conversation today was about apple being an expensiv

and we head to peru to meet some amazon manatees. the world is in a sorry state and getting worse right a look at the news might make you think but the data show many positive developments a research project in oxford anxious to make the move his appeal to the public at large. oxford university in england is one of the best in the world and one of the oldest. it's tranquil beauty contrasts with the intellectual dynamism of it scholars. here it's a tradition to challenge tradition overturn received wisdom and extend the boundaries of knowledge. meet hannah ritchie her research focuses on global development and environmental sustainability cart of her work is to cattle and pub. lots of data. really. understand ensure the world as it is i think it's vital and most of the developments they've seen in terms of human wellbeing have been positive. manner actually works of the oxford martin school a research unit founded in 2005 she and her colleagues work in interdisciplinary teams on ways to enhance the wellbeing of people across the plane

you are approaching amazon amazon says and i'll get their statement out of the way first and then you comment, ma'am. they didn't fire him because of the walkout. they fired him because he was exposed to a patient who was covid-19-positive and therefore he repeatedly effectively violated their physical contact and distancing measures jeopardizing other workers and that's why he got fired. your response to their statement and what are you going to do with amazon? >> there is a question of facts. their position is somewhat dubious. chris smalls was at the amazon warehouse and he organized a walkout to protest the lack of measures for workers and there was an individual who had approached him and he urged that this young lady go home because she had symptoms that were consistent with the virus. she went to get tested and went back to work despite the fact that right now there are protocols in place all over this country that individuals who have any symptoms to go home immediately. she was directed to return back to the facility and exposing the virus to countless number of other workers

this because as amazon goes so goes so many other companies and then $1.00 step further on this is a chinese startup called row kid i guess they've developed some thermal imaging glasses since they launched in 2014 and we know how that's going to be used or they can be like like the google glass that nobody wears. well this is a little different than google glass what this is essentially thermal imaging glasses they say paramedics can there are these police officers can wear these and you're essentially wearing a thermal imaging camera on your face as you walk around and as you look at people you can determine they say whether or not that person has a fever but i want to remind you you know miguel it's very important to remember with all this insanity that's going on now that so many people who contract coronavirus or cope at 19 are asymptomatic with hands you don't display symptoms so thermal imaging cameras will not tell you of someone is carrying a virus it only tells you if someone has a fever and i also remind people that just because you have fever does not mean right you have

papen tonio in this is america and we're recently released memo show that amazon was planning to smear a worker is an incompetent the phone so what did this worker do to draw that wrath of amazon well he wanted to form a union tonight we'll tell you about amazon smear campaign against this worker in their fight to prevent unions in their company also tonight capitol hill is introducing legislation to stop companies from price gouging essential goods during the pandemic later in the show a popular herbicide has now been linked to serious permanent health consequences including parkinson's disease we'll talk about the emerging lawsuits against the manufacturers don't go anywhere america's lawyer starts right now. and amazon worker recently learned that the entire company was planning on launching a smear campaign against him in the media after he tried to form a union join me to talk about this is fair and because an editor of the trial lawyer magazine. no surprise here when i read this story i mean you almost it's laughable in the sense it looks like keystone cops here i mean lay this s

were away and one of the things we talked about collectively is how well amazon was trading and amazon's rallied 50% from the load we made seemingly a month ago. we'll see if it bores out and i think you own it into earnings on thursday. you pull the rip cord ahead and you look to re-enter the position at 2170 which if you recall was the high we topped out in february. that's how i'm looking at it, and that's how i think you trade amazon next week. >> amazon is a microcosm, tim, if you will, of the trends going on right now in this pandemic when we have the work from home trend with aws we have the lower mix when it comes to amazon grocery deliveries and the potential boom with e-commerce >> yeah. in terms of what's happening going into covid and what's coming out of it and they'll be the best operator and they've been not only taking market share and they've been building infrastructure and we know that they've had incremental workers after furloughing some and the net going stronger into this i think google is interesting because of the potential sensitivity to the ad market and potent

back at the amazon rest. the center any key tell us there's been an unexpected but very happy development. every 6 months we gather in the manatees to weigh them before we release them we were totally surprised to find 2 babies among them in the prerelease pool that's amazing news for peru because it's the 1st time that manatees had offspring in captivity and the center has so far rehabilitated 25 manatees every release is a complicated procedure and a big event the staff and friends all join and. the manatees are taken to a suitable location before the final farewell to. the lagoons and rivers are interconnected so manatees stand a good chance of meeting fellow creatures in the wild. the efforts of the devoted team at the rescue center are contributing to the well being of the adorable animals and the stabilization of the ecosystem. in. the plants of the genus and some are often seen as weights but it turns out that some varieties absorb nickel from the soil now scientists are trying to recover the metal lee

, really apple and amazon on our screen.kevin hassett was giving a briefing earlier today, excuse me, an interview, he was saying he thinks unemployment will be anywhere from 16% to 20% unemployment. i mean, the consumer has been crushed, they are home, a lot of them are unemployed. 26 million unemployed in this country now in the last five weeks. how bad could this be for us? >> i think we are not really seeing it be so bad in the stock market. this has really been a nice bump-up for the last couple weeks -- cheryl: that's the woerry, though. >> that is the worry. may 8th is when the april numbers come out for unemployment and i think that's where we are really going to see what this impact has been over at least this last month. and it has been monumental. i think that what we are going to see is the consumer is not consuming. but there are a lot of areas of the market where the consumer is consuming and that's certainly in the telecom, in anything that connects us together, and energy. we aren't getting in our cars and dr

there as well as amazon. i got, i'm spreading my data allover the place . >> equal opportunity surveillance area that's, but a, the network effect actually creates that mode that you're talking about but the deeper point is i think that the rules of free-market capitalism actually do stop working really like these laws of gravity that okay, as long as both sides know what the transaction is, and races are going down, then what's the problem? in this world in which you are paying nine dollar inyour data , neither of those things old. so you don't know what you're getting up for what you're getting. you search but you don't know how much the data is worth thatyou just gave google or amazon for that search. so it's a very asymmetric transaction and that's a problem right away . also, when you are doing barter and you're not paying in dollars, that's not free-market. that's not the way adam smith would have envisioned the market working. adam smith would have said you need equal access data and a shared moral fra

a little bit of a different model but don't a lot of small businesses depend on sales via amazon? >> guest: so yes, and i think in general amazon at this point has become one of the only ways for small businesses to get to market. and i think wherein in the past a lot of different channels for small businesses to reach customers, now if you don't sell amazon you are at a major disadvantage. so i think that is not really something that's been consistent with the way we want our economy to function. we don't want there to be one intermediary between the small business or an art with a good idea and the entire customer base. this is a problem we are really focused on. i think it's also important to understand how amazon, basically abuses and takes advantage of the small businesses that depend on it. they force them to use their own kind of shipping channels. they are arbitrary about where these smaller businesses paul in their rankings. they can be pulled off amazon with no reason or rational given and the livelihoods will be crushed. there's a lot the fear among small businesses and