Jim VandeHei on Big Tech Leaders: ‘We Put a Lot of Power in the Hands of 4 or 5 Unelected People’

RUSH EXCERPT:

VANDEHEI: “No doubt. You have a couple of companies that are the size of nations on any given day. Any one of them is bigger than Germany in terms of its economic output. And they’re basically controlling their own politics or own regulation. The president has basically said, hey, you self regulate, which we’ve almost never done, especially with the technology that is at this size, at this scale, at this speed. And now you’ve got these same leaders saying, hey, we’re not even we’re not going to wait for government to figure out what you do with our wealth. They’re already talking about how they’re going to redistribute their own wealth, which done right, could be could be a great thing. But it just speaks to the size, the reach ambition of these people. You talk about Elon Musk and satellites.”