who better to talk about this than roger mcnamee and author of "zucked.hink we know who you're most interested in today. >> carl, actually i think this is a broader day and we should all pay attention to it. i think there's an opportunity to recognize that the moment is very different from all the past hearings we have seen on capitol hi hill, george floyd has caused a moment of national self reflection and i think one of the core things here is that relative to the economy we have seen that optimizing everything for the shareholder interest which has been fantastic for investors for 40 years left our economy to respond to a pandemic, right? we had trouble producing cotton swabs, ppe, getting enough medical testing in place our supply chains that were really fragile, our health care system was designed for elective surgery. not for dealing with public health and these problems in combination with say half the work force being underemployed or unemployed leaves us with an opportunity to ask maybe the priority should be different and i think that context is

let's pivot back to roger mcnamee.ook, we're talking about the possibility of bipartisan agreement on something and something you think will be easy to get bipartisan agreement on still lots of hurdles to get over i go back to my earlier question do we need an election and both houses of congress and the white house to be a part of the same party to ever see any action on this on the big tech side of things >> a few months ago i would have said absolutely yes. there is concern on both sides of internet platforms. they look at it differently. the issue as i see it is that antitrust is an essential tool for reforming. and this is really important for investors. what people forget is that every major cycle of tech starting with the first one, the creation of the computer itself in 1956 began with an antitrust case so not just computers but also all of silicon valley off transistor, data equipment and the internet all of those things were triggered by antitrust investors should be really strong proponents of this. the prob

you mention roger mcnamee in fact i encouraged him to write zach and i connected him with andrew wiley on that. >> he will thank you for that i'm sure. >>host: it's interesting because when i first met roger he was going out into the media and the seed investor with big tech companies and an early mentor to mark and elevation had a stake. >> it passed and roger invested personally. >> that's right. they did put money in but roger benefited greatly initially. >> so he was out talking against his own book at that stage to the media to say i came concerned pre- 2016 i felt there was something wrong he wrote a letter to mark and cheryl this is like your kind of goal to come to you to say i think we have a problem and apparently they went very the corporate pr on him very quickly and shut him down. it's hard for me to metabolize how someone can get that information from a trusted figure and not take that more seriously. >> and facebook downplayed the degrees and i did look into this. i think he has a more accurate account of the degree of his influence on facebook. >> to have him described

who is simmering roger mcnamee was just on, and he's been simmering, but if you look at surrays, how do americans family about google, amazon, apple, those favorable ratings are very strong. the if you're a lawmakers, i'm going to be interested to see how much you push today. the people who tell you, they're using google meet. they just bought a new mac thanks to amazon they haven't hit a store in months. i can't wait to watch. jon lebenthal who has joined us via phone. jim, let's get a comment from you. >> sure, scotty, i also googled alphabet as well i'm going to agree with the rest of the traders and most of the reporters, this is not likely to affect their share price in the short to intermediate term the only thing i would affect it is the advertising boycott that we've seen somewhat picks up is there enough negative pr that has advertisers to join more boycotts i don't think that will happen i think they're too important to the advertising world. that's the only real worry i had. >> i had someone else trying to make a comment who wanted to say something? >> that is me. >> go ah

you mentioned roger mcnamee. was also source for me. i am urged him to write a book. it's interesting. steven: marks zuckerberg with thinking for that. rana: exactly. when i first met roger cummings interesting. he was going out into the media. for those of you don't know him a veteran venture capitalist. an investor and loss of important technical monies. in an early mentor to mark. an elevation had a fake, was a through elevation. steven: roger invested personally. and later elevation and put money in it. but roger benefited greatly from its in a way initially that his company did not predict. rana: so is interesting. so he was out really talking and guesses on book to the media against it. at that stage and he said look i became concerned pre- 2016 about what i was saying on facebook. i feel there is something wrong here. he apparently wrote a letter to mark and cheryl. this is sort of like your highly humble. he was coming to you saying hey guys, they may have a problem. and apparently, they went very corporate pr up on him very quickly. shut him down. hard for me