Scott and Ed open the show by discussing China’s stock market surge, Softbank’s investment in OpenAI, and why Gavin Newsom vetoed an AI safety bill. Then Lina Khan, Chair of the Federal Trade Commission, joins the show to discuss the need for regulation in big tech and the connection between inflation and the concentration of industries. She also breaks down how the FTC analyzes mergers and acquisitions, and explains how the FTC measures consumer harm.
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