Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:06,006 --> 00:00:08,550
[intro music plays]
2
00:00:21,813 --> 00:00:23,940
[cheering, applause]
3
00:00:25,942 --> 00:00:27,360
Oh!
4
00:00:27,444 --> 00:00:28,445
Hello, how are you?
5
00:00:29,571 --> 00:00:30,780
Thank you guys so much!
6
00:00:30,864 --> 00:00:33,700
Welcome to Patriot Act, I'm Hasan Minhaj.
Thank you so much!
7
00:00:34,284 --> 00:00:36,786
Holy shit!
Thank you so much for coming out!
8
00:00:37,620 --> 00:00:41,875
All right, settle in. Guys, wait. Guys.
9
00:00:41,958 --> 00:00:42,959
[laughter]
10
00:00:43,043 --> 00:00:44,502
I have a secret, okay?
11
00:00:45,462 --> 00:00:46,921
Tonight I wanna come clean.
12
00:00:47,464 --> 00:00:49,049
Seriously, I wanna come clean.
13
00:00:49,507 --> 00:00:51,092
I don't have a lot of vices.
14
00:00:51,176 --> 00:00:52,260
I don't drink.
15
00:00:52,761 --> 00:00:54,846
I don't JUUL,
I don't go to hookah lounges.
16
00:00:54,929 --> 00:00:56,973
I know I look like I do, but I don't.
17
00:00:57,057 --> 00:00:58,475
But I am an addict.
18
00:00:59,225 --> 00:01:01,436
And I am addicted to Amazon.
19
00:01:01,519 --> 00:01:05,815
Which, I know, doesn't sound crazy,
as far as addictions go.
20
00:01:05,899 --> 00:01:07,567
I'm addicted to ventriloquism.
21
00:01:07,650 --> 00:01:09,319
I love eating toilet paper.
22
00:01:09,402 --> 00:01:10,695
I'm addicted to coffee enemas.
23
00:01:10,779 --> 00:01:13,114
I'm addicted to carrying around
my husband's urn.
24
00:01:14,449 --> 00:01:17,285
If you're gonna love something
full of ash and death,
25
00:01:17,368 --> 00:01:18,787
it should be Dick Cheney.
26
00:01:18,870 --> 00:01:20,205
[laughter]
27
00:01:20,288 --> 00:01:21,623
The show's called Patriot Act.
28
00:01:22,415 --> 00:01:25,502
The key here is recognizing
you have a problem.
29
00:01:25,585 --> 00:01:29,506
Amazon Prime was my first taste
of the White Horse,
30
00:01:29,589 --> 00:01:32,675
but then I leveled up to the harder shit,
which is Prime Now.
31
00:01:32,759 --> 00:01:35,762
Does anyone here have Prime Now?
You know what I'm talking about.
32
00:01:35,845 --> 00:01:38,264
For $119 a year,
33
00:01:38,348 --> 00:01:40,475
you click on what you want,
and within two hours
34
00:01:40,558 --> 00:01:43,353
a sweaty Ukrainian man
shows up at your door
35
00:01:43,436 --> 00:01:47,690
with toothpicks, diapers, three bell
peppers and a Yoda costume for your dog.
36
00:01:47,774 --> 00:01:49,609
How do you say no to that?
37
00:01:49,692 --> 00:01:54,364
Because, look, I'm way more lazy
than I am woke.
38
00:01:54,447 --> 00:01:55,532
I'll just admit it.
39
00:01:55,615 --> 00:01:58,618
We've all been in these
compromising positions before, right?
40
00:01:58,701 --> 00:02:01,663
Look, I deleted Uber.
I was like, Uber, you're done!
41
00:02:02,330 --> 00:02:05,917
And then I landed in Vancouver and I
was like, "Damnit, they don't have Lyft."
42
00:02:06,000 --> 00:02:07,293
[laughter]
43
00:02:07,377 --> 00:02:10,630
Convenience is the commodity
that matters most to our generation.
44
00:02:10,713 --> 00:02:14,843
I can't believe
I used to physically go to stores,
45
00:02:14,926 --> 00:02:19,180
take money out of my pocket
and pay for stuff like a peasant.
46
00:02:19,264 --> 00:02:20,098
[laughter]
47
00:02:20,181 --> 00:02:22,308
With Amazon, I just do this.
48
00:02:23,726 --> 00:02:26,396
And things come to me,
like I'm an emperor.
49
00:02:26,479 --> 00:02:29,566
And it's not just me.
We all love living like King Joffrey.
50
00:02:29,649 --> 00:02:32,485
We begin this hour with Amazon.
51
00:02:32,569 --> 00:02:34,946
The internet giant's market cap
hitting a trillion dollars...
52
00:02:35,029 --> 00:02:37,615
One hundred million
Prime subscribers globally.
53
00:02:37,699 --> 00:02:41,369
Fifty percent of all online shopping
searches now begin on Amazon.
54
00:02:41,452 --> 00:02:45,373
Amazon intends to take over the world,
and they're doing a darn good job of it.
55
00:02:45,456 --> 00:02:47,709
Thank you, nerdy Howie Mandel!
56
00:02:48,126 --> 00:02:51,296
Amazon is taking over the world
because of one man:
57
00:02:51,379 --> 00:02:53,631
Taco Bell pitchman Jeff Bezos.
58
00:02:53,715 --> 00:02:57,051
PDAs, handhelds, I've seen these.
What do we have that's new?
59
00:02:57,135 --> 00:02:58,720
Well, this just came out.
60
00:02:59,220 --> 00:03:01,598
-Interesting. Can I get a demo?
-Yeah, sure.
61
00:03:04,475 --> 00:03:05,643
[appreciative noise]
62
00:03:06,269 --> 00:03:07,979
[laughter]
63
00:03:08,062 --> 00:03:11,858
He's looking at that quesadilla
the way Quentin Tarantino looks at feet.
64
00:03:11,941 --> 00:03:12,775
[laughter]
65
00:03:12,859 --> 00:03:17,906
That's right, this Mexican-cheese pervert
is the richest man on Earth.
66
00:03:17,989 --> 00:03:20,783
His net worth is over $100 billion.
67
00:03:20,867 --> 00:03:21,826
Call him what you want:
68
00:03:21,910 --> 00:03:25,580
"Pikachu terrorist", "Moby if he
never retired", "jacked Lex Luthor",
69
00:03:25,663 --> 00:03:29,083
but you can't knock the hustle:
he is a visionary.
70
00:03:29,167 --> 00:03:32,462
And as Bezos has gotten swole,
so has Amazon.
71
00:03:32,545 --> 00:03:35,798
It has invested in or acquired
more than 100 companies, including
72
00:03:35,882 --> 00:03:39,969
IMDB, Twitch, Audible, Songza, Skingo,
Woot, Quidsi and Whole Foods.
73
00:03:40,053 --> 00:03:42,430
Full disclosure,
only one of those companies isn't real.
74
00:03:42,555 --> 00:03:43,973
[surprised laughter]
75
00:03:44,057 --> 00:03:46,309
I didn't know which one it was either.
76
00:03:46,392 --> 00:03:49,270
And they've obviously come a long way
from their early days.
77
00:03:49,354 --> 00:03:53,316
They started off as a bookstore,
but they quickly moved on to other things.
78
00:03:53,399 --> 00:03:54,317
[cheery jingle]
79
00:04:18,508 --> 00:04:19,634
[Hasan] Look at that mustache!
80
00:04:22,553 --> 00:04:24,264
I know that commercial seems weird,
81
00:04:24,347 --> 00:04:26,599
but if anything accurately
describes Silicon Valley,
82
00:04:26,683 --> 00:04:30,478
it's a group of mostly white men
dressed in shorts, talking like children.
83
00:04:31,271 --> 00:04:33,439
As big as you think Amazon is, double it.
84
00:04:33,523 --> 00:04:38,528
Amazon killed bookstores and is now
building new ones on top of their graves.
85
00:04:38,611 --> 00:04:40,321
That's like if my wife left me
86
00:04:40,405 --> 00:04:42,490
and then married another guy
named Hasan Minhaj
87
00:04:42,573 --> 00:04:44,575
who also used too much hair product.
88
00:04:45,493 --> 00:04:49,122
49% of all U.S. e-commerce
happens on Amazon.
89
00:04:49,205 --> 00:04:52,292
Second place is eBay at 6.6%.
90
00:04:52,375 --> 00:04:54,877
You know, eBay, whose official slogan is,
91
00:04:54,961 --> 00:04:57,338
eBay, because you couldn't find it
on Amazon.
92
00:04:57,422 --> 00:04:58,423
[laughter]
93
00:04:58,881 --> 00:05:02,593
6.6%! If a percentage is that low,
it shouldn't count.
94
00:05:02,677 --> 00:05:04,053
We're looking at you,, Elizabeth Warren.
95
00:05:04,137 --> 00:05:09,058
And if Amazon is not number one in an
industry, it's at least in the top five.
96
00:05:09,142 --> 00:05:11,436
Digital ads, streaming video,
streaming music...
97
00:05:11,519 --> 00:05:16,691
And Amazon's about to top Walmart as
the biggest apparel retailer in the U.S.
98
00:05:16,774 --> 00:05:19,527
And as a kid who went
back-to-school shopping at Walmart,
99
00:05:19,610 --> 00:05:21,237
let me just say this:
100
00:05:21,946 --> 00:05:23,698
That is not apparel, okay?
101
00:05:23,781 --> 00:05:28,578
It's just polyester shit on hangers
next to racks of radial tires.
102
00:05:29,412 --> 00:05:31,372
Amazon crushes it in every field.
103
00:05:31,456 --> 00:05:35,084
Amazon is like
the Childish Gambino of companies.
104
00:05:35,168 --> 00:05:39,339
If someone told me that Donald Glover was
hosting a late-night series on Netflix,
105
00:05:39,422 --> 00:05:43,593
I'd be like, "Good night! It was a fun
three episodes! We out! Peace!"
106
00:05:43,676 --> 00:05:45,887
"I know my limitations!
107
00:05:45,970 --> 00:05:48,806
Thank you, Donald.
Thank you for stealing my dreams!"
108
00:05:48,890 --> 00:05:51,476
But Amazon's growth has come at a price,
109
00:05:51,559 --> 00:05:53,895
and Amazon's workers are paying for it.
110
00:05:53,978 --> 00:05:56,773
Amazon drivers and warehouse employees
reportedly work
111
00:05:56,856 --> 00:05:58,775
punishing hours with few breaks.
112
00:05:58,858 --> 00:06:01,861
One afternoon in the warehouse
I saw a bottle,
113
00:06:01,944 --> 00:06:05,531
like an old Coke bottle
with straw-colored liquid in.
114
00:06:05,615 --> 00:06:08,534
Smelled it and it was very obvious
very quickly what it was.
115
00:06:08,618 --> 00:06:11,954
People where, when I was working,
that were afraid to go to the toilet.
116
00:06:12,663 --> 00:06:14,457
That British dude is right.
117
00:06:14,540 --> 00:06:17,168
Some workers felt
they had to piss in bottles,
118
00:06:17,251 --> 00:06:19,754
because they felt they didn't
have time to go to the bathroom.
119
00:06:19,837 --> 00:06:22,173
Amazon denies this, but come on.
120
00:06:22,256 --> 00:06:24,425
These are human beings,
not comedy writers.
121
00:06:24,634 --> 00:06:25,551
[laughter]
122
00:06:25,676 --> 00:06:28,388
Even when Amazon does something good,
there's a downside.
123
00:06:28,471 --> 00:06:32,517
It recently announced
a $15 minimum wage hike for its employees
124
00:06:32,600 --> 00:06:34,769
but then cut bonuses and stock awards.
125
00:06:34,852 --> 00:06:36,479
Amazon is so innovative,
126
00:06:36,562 --> 00:06:40,483
they've figured out a way to give
workers a raise and cost them money.
127
00:06:40,566 --> 00:06:43,403
You can't get as big as Amazon
and treat workers that poorly
128
00:06:43,486 --> 00:06:46,114
without some really powerful people
starting to take notice.
129
00:06:46,197 --> 00:06:51,411
I think it is important to take a look at
the power and influence that Amazon has.
130
00:06:51,494 --> 00:06:55,873
We want stronger enforcement
of antitrust laws, you bet we do.
131
00:06:55,957 --> 00:06:59,085
He's got a huge antitrust problem,
because he's controlling so much.
132
00:06:59,168 --> 00:07:02,630
This is incredible.
DJT, Elizabeth Warren and Bernie Sanders
133
00:07:02,713 --> 00:07:04,298
all agree on something.
134
00:07:04,382 --> 00:07:08,136
It turns out Amazon even delivers
bipartisanship.
135
00:07:08,219 --> 00:07:09,804
[applause]
136
00:07:09,887 --> 00:07:13,558
What they're all worried about
is Amazon becoming a monopoly,
137
00:07:13,641 --> 00:07:16,227
and you probably recognize the term
from the board game Monopoly
138
00:07:16,310 --> 00:07:18,479
where the object of the game
is to control everything
139
00:07:18,563 --> 00:07:20,898
and financially destroy
your little sister until she cries.
140
00:07:20,982 --> 00:07:22,483
[laughter]
141
00:07:23,818 --> 00:07:26,154
TLDR: monopolies are really bad.
142
00:07:26,237 --> 00:07:29,490
When a company becomes too dominant,
it can control markets, fix prices,
143
00:07:29,574 --> 00:07:30,908
and kill competition.
144
00:07:30,992 --> 00:07:35,705
It's basically like, "Woo! No rules!
No one is grading me anymore!
145
00:07:35,788 --> 00:07:37,707
No one is looking, and it doesn't matter."
146
00:07:37,790 --> 00:07:39,542
You know, like going to UC Santa Cruz.
147
00:07:39,625 --> 00:07:40,877
[laughter]
148
00:07:40,960 --> 00:07:42,253
Go Slugs.
149
00:07:42,336 --> 00:07:45,047
[applause, cheering]
150
00:07:45,131 --> 00:07:47,300
And this is the problem.
151
00:07:48,050 --> 00:07:51,471
Where there's limited competition,
companies have no incentive to be better.
152
00:07:51,554 --> 00:07:54,140
That's why AT&T fucking sucks.
153
00:07:54,807 --> 00:07:58,144
Look, AT&T isn't a monopoly,
but they know they've got us by the balls.
154
00:07:58,227 --> 00:08:01,772
AT&T is like, "Yo, switch to Metro PCS,
see how that shit works out."
155
00:08:02,190 --> 00:08:05,359
And I can't. Look at their ads.
156
00:08:05,985 --> 00:08:08,946
[heavy Indian accent] Welcome back
to Tech & Talk. I'm Ranjit. This is Chad.
157
00:08:09,030 --> 00:08:11,365
A bad snake charmer
always blames the snake.
158
00:08:13,326 --> 00:08:15,244
You should be with Metro PCS.
159
00:08:15,328 --> 00:08:16,662
Holy shish kebab!
160
00:08:17,246 --> 00:08:18,331
[laughter]
161
00:08:18,539 --> 00:08:23,419
Megyn Kelly saw those ads and was like,
"Tight. I found my new Halloween costume."
162
00:08:23,503 --> 00:08:24,337
[laughter]
163
00:08:24,670 --> 00:08:25,630
Oh, too real?
164
00:08:26,631 --> 00:08:29,091
You know she'd dress up
as a snake charmer.
165
00:08:29,175 --> 00:08:32,345
In the past we've dealt with monopolies
using something called antitrust laws.
166
00:08:32,428 --> 00:08:35,932
The Sherman Antitrust Law of 1890
and the Clayton Act
167
00:08:36,015 --> 00:08:38,184
were the first antitrust laws in America.
168
00:08:38,267 --> 00:08:42,396
They were used to break up big companies
like Standard Oil and the railroads.
169
00:08:42,480 --> 00:08:43,564
But unlike the railroads,
170
00:08:43,648 --> 00:08:47,068
it's harder to define
all the things a tech company controls,
171
00:08:47,151 --> 00:08:50,029
so it's harder
to get antitrust laws to stick.
172
00:08:50,112 --> 00:08:51,781
That's why these laws
are almost never enforced
173
00:08:51,864 --> 00:08:53,491
against big tech companies anymore.
174
00:08:53,574 --> 00:08:55,826
Take the infamous Microsoft case in 2001.
175
00:08:55,910 --> 00:08:59,539
It was about Microsoft
automatically installing
176
00:08:59,622 --> 00:09:03,084
Internet Explorer on Windows 95.
177
00:09:03,167 --> 00:09:04,043
[laughter]
178
00:09:04,126 --> 00:09:06,837
The government was like,
"Yo, you have a monopoly
179
00:09:06,921 --> 00:09:09,590
on the operating system,
Minesweeper, the Pinball Machine,
180
00:09:09,674 --> 00:09:12,176
Solitaire and Internet Explorer?
181
00:09:12,260 --> 00:09:16,430
You, sir, have gone too far.
Also, it's not fair to Netscape."
182
00:09:16,514 --> 00:09:17,682
[laughter]
183
00:09:17,765 --> 00:09:19,475
"Stop being mean, Microsoft."
184
00:09:19,559 --> 00:09:23,145
This is how few fucks Microsoft gave
about the antitrust hearings.
185
00:09:23,229 --> 00:09:29,986
Haddaway - "What Is Love" playing
186
00:09:30,069 --> 00:09:32,446
By the way,
I believe in winners and losers
187
00:09:32,530 --> 00:09:34,532
and especially the freedom to fail.
188
00:09:34,615 --> 00:09:38,160
-Who? Him? Me?
-Who? Him? Me? What?
189
00:09:39,579 --> 00:09:42,623
I'll be honest, I have no idea
what the point of that video was.
190
00:09:42,707 --> 00:09:45,793
Here's what I do know: Bill Gates wants us
to forget that video so bad
191
00:09:45,876 --> 00:09:47,878
that he's trying to end malaria.
192
00:09:47,962 --> 00:09:49,171
[laughter]
193
00:09:51,966 --> 00:09:53,175
That cackle was everything.
194
00:09:53,259 --> 00:09:54,510
[laughter]
195
00:09:54,594 --> 00:09:58,472
And when it comes to government oversight,
tech companies have nothing to fear,
196
00:09:58,556 --> 00:10:00,808
because this is what they're up against.
197
00:10:00,891 --> 00:10:04,895
How do you sustain a business model
in which users don't pay for your service?
198
00:10:07,231 --> 00:10:08,524
Senator, we run ads.
199
00:10:10,359 --> 00:10:11,485
I see.
200
00:10:11,861 --> 00:10:12,778
Let's face it.
201
00:10:13,195 --> 00:10:15,323
Congress will understand Migos
202
00:10:15,406 --> 00:10:18,492
before it understands Amazon's
business model.
203
00:10:18,868 --> 00:10:22,747
"Well, senator Hatch, they're called Migos
like the Three Amigos."
204
00:10:24,123 --> 00:10:25,082
-I see.
[Hasan] -Okay.
205
00:10:25,583 --> 00:10:30,254
Come on, there is no way Congress
will figure out if Amazon is a monopoly.
206
00:10:30,338 --> 00:10:33,758
When you play Monopoly, the goal
is to make as much money as possible.
207
00:10:33,841 --> 00:10:36,218
But Amazon plays
by a different set of rules.
208
00:10:36,302 --> 00:10:37,386
[hearty laughter]
209
00:10:37,470 --> 00:10:39,972
Well, we're a famously
unprofitable company.
210
00:10:40,056 --> 00:10:43,643
This is a strategy that the company
has used from the very beginning--
211
00:10:43,726 --> 00:10:45,978
to lose money
in order to gain market share.
212
00:10:46,062 --> 00:10:50,149
Amazon was relentless about losing money
to gain market share.
213
00:10:50,232 --> 00:10:52,777
In fact, when he started the company
in 1994,
214
00:10:52,860 --> 00:10:57,490
Jeff Bezos actually wanted
to call Amazon Relentless.
215
00:10:58,407 --> 00:11:00,576
That doesn't sound like
an online retail store.
216
00:11:00,660 --> 00:11:04,455
It sounds like the name of a cologne
Shia LaBeouf drinks between takes.
217
00:11:04,997 --> 00:11:05,998
It's like... [roars]
218
00:11:06,916 --> 00:11:07,958
[shouting] Relentless!
219
00:11:08,751 --> 00:11:09,877
[roars]
220
00:11:10,461 --> 00:11:12,713
[shouting]
Say 'action' Gary, say 'action!'
221
00:11:13,130 --> 00:11:14,382
[roars]
222
00:11:14,965 --> 00:11:16,258
[applause, Hasan laughing]
223
00:11:16,342 --> 00:11:17,176
Now...
224
00:11:17,885 --> 00:11:23,307
If you go to relentless.com,
it still redirects to amazon.com.
225
00:11:24,141 --> 00:11:25,851
And so does diapers.com.
226
00:11:25,935 --> 00:11:30,815
In 2009, Amazon wanted to buy diapers.com,
but the owners refused to sell,
227
00:11:30,898 --> 00:11:32,650
so Amazon retaliated.
228
00:11:33,109 --> 00:11:37,113
[Man] It offered Amazon Prime
free for 3 months for any parent
229
00:11:37,196 --> 00:11:40,449
and then slashed its prices to the point
where it was literally bleeding
230
00:11:40,533 --> 00:11:41,784
hundreds of millions of dollars.
231
00:11:41,867 --> 00:11:46,163
Cut to a few months later,
and diapers.com is sold to Amazon.
232
00:11:46,247 --> 00:11:49,333
If a company is willing to bleed out
hundreds of millions of dollars
233
00:11:49,417 --> 00:11:52,586
just to undercut you,
you know you're screwed.
234
00:11:52,670 --> 00:11:55,131
That's like if someone
wanted to throw down at a bar
235
00:11:55,214 --> 00:11:57,466
and the first thing they did
was smash a beer bottle
236
00:11:57,550 --> 00:11:59,385
and then stab themselves in the neck.
237
00:11:59,468 --> 00:12:01,345
But they kept bleeding and didn't die,
238
00:12:01,429 --> 00:12:03,180
and you had to sell your
company to them,
239
00:12:03,264 --> 00:12:05,683
because you were drowning in their blood.
240
00:12:05,766 --> 00:12:10,688
You'd be like, "Fuck! Here's diapers.com!
It's yours, man, just take it!"
241
00:12:11,063 --> 00:12:12,398
Take it, Taco Bell Man!
242
00:12:12,481 --> 00:12:14,066
[applause, cheering]
243
00:12:14,150 --> 00:12:17,695
There is a name for undercutting
competitors at a loss to eliminate them.
244
00:12:17,778 --> 00:12:19,447
It's called "predatory pricing".
245
00:12:19,530 --> 00:12:22,241
Here's a simpler way
of describing predatory pricing.
246
00:12:22,324 --> 00:12:24,201
Picture a mom-and-pop store.
247
00:12:24,285 --> 00:12:26,912
Now imagine Amazon
as the Menendez brothers.
248
00:12:26,996 --> 00:12:28,038
[laughter]
249
00:12:30,499 --> 00:12:33,627
If you're a small store
and you want to sell on the internet,
250
00:12:33,711 --> 00:12:35,421
you've got to go through Amazon.
251
00:12:35,504 --> 00:12:37,298
Say you're a small paintball store
252
00:12:37,381 --> 00:12:39,967
that tried to expand its business
by selling on Amazon.
253
00:12:40,050 --> 00:12:44,388
We might put out 100 products.
Let's say 50 of them do well.
254
00:12:44,472 --> 00:12:47,433
Amazon sees that
because they have access to our sales
255
00:12:47,516 --> 00:12:51,937
and they will buy that product directly
from the manufacturer and sell that,
256
00:12:52,021 --> 00:12:53,230
taking us out of the picture.
257
00:12:53,314 --> 00:12:56,984
This is the biggest catch-22
of putting your product on Amazon.
258
00:12:57,067 --> 00:13:00,613
You need to be there,
because that's where everyone shops.
259
00:13:00,696 --> 00:13:02,615
But they're gonna steal your secret sauce.
260
00:13:02,698 --> 00:13:04,700
[male reporter]
If you're a product manufacturer
261
00:13:04,784 --> 00:13:06,577
and you put your products on Amazon,
262
00:13:06,660 --> 00:13:09,413
they're studying you,
they're gonna copy it if it's successful.
263
00:13:09,497 --> 00:13:11,207
And if you don't,
you can't sell your product,
264
00:13:11,290 --> 00:13:13,375
because consumers
are so locked into Prime.
265
00:13:13,459 --> 00:13:14,585
Think about it,
266
00:13:14,668 --> 00:13:16,962
Amazon Basics, Amazon Business...
267
00:13:17,046 --> 00:13:20,424
Amazon has a whole line of products
to swaggerjack you
268
00:13:20,508 --> 00:13:22,510
like Alibaba fake Yeezys.
269
00:13:22,593 --> 00:13:23,636
And they get away with it.
270
00:13:23,719 --> 00:13:26,514
I buy iPhone chargers from Amazon Basics
271
00:13:26,597 --> 00:13:29,308
because Amazon keeps recommending
them to me and they're cheaper.
272
00:13:29,391 --> 00:13:33,354
Amazon undercuts its competitors
and dominates entire markets.
273
00:13:33,437 --> 00:13:35,564
One of the reasons
it's allowed to do this
274
00:13:35,648 --> 00:13:38,901
is because it hasn't broken
the cardinal rule of antitrust:
275
00:13:39,485 --> 00:13:41,237
the consumer welfare standard.
276
00:13:41,320 --> 00:13:44,031
It basically means,
as long as you're keeping prices low
277
00:13:44,114 --> 00:13:47,034
and services great,
it doesn't matter how big you get.
278
00:13:47,117 --> 00:13:50,246
This idea was pioneered
by a guy named Robert Bork.
279
00:13:50,329 --> 00:13:51,580
He was a conservative judge
280
00:13:51,664 --> 00:13:53,749
who managed to be
on the wrong side of history
281
00:13:53,833 --> 00:13:57,044
at almost every turn, whether it was
firing the special prosecutor
282
00:13:57,127 --> 00:13:58,754
during the Watergate investigation
283
00:13:58,838 --> 00:14:01,006
or defending
racist voter suppression laws.
284
00:14:01,090 --> 00:14:05,553
But he's most famous for being denied
a seat on the Supreme Court.
285
00:14:05,636 --> 00:14:09,849
His Senate confirmation hearing gave us
the best word that sounds like sex
286
00:14:09,932 --> 00:14:12,268
but is actually the opposite of pleasure.
287
00:14:12,351 --> 00:14:14,854
...the little thing called borking,
his name is now a verb.
288
00:14:14,937 --> 00:14:16,355
It means to obstruct someone.
289
00:14:16,438 --> 00:14:17,690
Bork was borked.
290
00:14:17,773 --> 00:14:18,732
...famously borked.
291
00:14:18,816 --> 00:14:21,443
Bob Bork, Judge Bork was borked.
292
00:14:22,278 --> 00:14:23,779
You know things turned out wrong
293
00:14:23,863 --> 00:14:27,700
when your last name is used
to bleep out Goodfellas on TNT.
294
00:14:28,158 --> 00:14:29,660
Antitrust wasn't always like this.
295
00:14:29,743 --> 00:14:32,621
Robert Bork redefined
how we think about antitrust
296
00:14:32,705 --> 00:14:34,415
and made it all about consumer welfare.
297
00:14:34,498 --> 00:14:38,002
The problem is, consumer welfare
is meaningless for Amazon
298
00:14:38,085 --> 00:14:41,714
because it's always been willing
to lose money and keep prices low
299
00:14:41,797 --> 00:14:42,965
to gain market share.
300
00:14:43,048 --> 00:14:47,303
As a business, Amazon is always willing
to delay its gratification
301
00:14:47,386 --> 00:14:49,471
to give us instant gratification.
302
00:14:50,055 --> 00:14:52,433
That's why even if Amazon
is harming other businesses,
303
00:14:52,516 --> 00:14:55,644
it's difficult to say
that it's breaking antitrust laws.
304
00:14:55,728 --> 00:14:57,021
And the crazy part is,
305
00:14:57,104 --> 00:15:00,816
Amazon's retail side
hasn't always been their most profitable.
306
00:15:00,900 --> 00:15:01,859
It's a front!
307
00:15:01,942 --> 00:15:04,528
It's like Los Pollos Hermanos
in Breaking Bad.
308
00:15:04,612 --> 00:15:06,405
The chicken is delicious,
309
00:15:06,488 --> 00:15:09,491
but the real money is being made
by shipping meth.
310
00:15:09,575 --> 00:15:14,371
Which brings us to Amazon's meth:
Amazon Web Services, AWS.
311
00:15:14,455 --> 00:15:17,541
AWS provides server space, cybersecurity,
312
00:15:17,625 --> 00:15:21,337
and all the infrastructure businesses need
to operate on the internet.
313
00:15:21,420 --> 00:15:24,757
Last year AWS brought in $17.5 billion.
314
00:15:24,840 --> 00:15:27,927
It's so profitable,
but it has such a boring name.
315
00:15:28,010 --> 00:15:31,347
Amazon Web Services is like that folder
on a high schooler's laptop,
316
00:15:31,430 --> 00:15:32,514
labeled AP EURO.
317
00:15:32,598 --> 00:15:36,018
Seems innocent, but when you click on it,
you're like, "Why is there a password?"
318
00:15:36,101 --> 00:15:36,936
[laughter]
319
00:15:37,436 --> 00:15:38,270
This is weird.
320
00:15:38,354 --> 00:15:41,315
Aunties and uncles watching this,
if that joke doesn't make sense to you,
321
00:15:41,398 --> 00:15:44,068
allow me to explain:
your son Vinay is watching a lot of porn,
322
00:15:44,151 --> 00:15:47,738
and some of that porn
is probably going through AWS.
323
00:15:49,114 --> 00:15:53,285
Amazon is so dominant in cloud computing,
324
00:15:53,369 --> 00:15:55,287
they're the internet's largest landlord,
325
00:15:55,371 --> 00:15:58,415
and it seems like every major player
is their tenant.
326
00:15:58,499 --> 00:16:01,627
The Dow Jones, Airbnb,
GE, Kellogg, Adobe,
327
00:16:01,710 --> 00:16:05,297
Spotify, Pinterest,
the State Department and the CIA
328
00:16:05,381 --> 00:16:09,134
all have used or are currently using
Amazon Web Services.
329
00:16:09,218 --> 00:16:12,763
And don't think I'm just hating on Amazon
because Netflix pays my rent.
330
00:16:12,846 --> 00:16:16,141
Even Netflix uses Amazon Web Services.
331
00:16:16,225 --> 00:16:20,604
Netflix accounts for 15%
of global internet bandwidth.
332
00:16:20,688 --> 00:16:22,773
2% of that is Adam Sandler movies.
333
00:16:22,856 --> 00:16:24,608
And between retail and AWS
334
00:16:24,692 --> 00:16:29,405
Amazon has control over
the most important 21st-century commodity:
335
00:16:30,030 --> 00:16:30,990
Data.
336
00:16:31,073 --> 00:16:33,033
Data about how we spend our money
337
00:16:33,117 --> 00:16:34,994
and what parts of the internet
we're using.
338
00:16:35,077 --> 00:16:36,495
Unlike Facebook and Google,
339
00:16:36,578 --> 00:16:40,165
who need your customer data
to sell ads to businesses,
340
00:16:40,249 --> 00:16:41,834
Amazon is a one-stop-shop.
341
00:16:41,917 --> 00:16:45,963
They know who you are, what you buy,
and will sell it directly to you.
342
00:16:46,046 --> 00:16:48,632
Despite knowing all of this,
I'm not gonna lie,
343
00:16:48,716 --> 00:16:50,843
I'm still gonna use Amazon.
344
00:16:50,926 --> 00:16:52,886
It's an essential utility for me!
345
00:16:52,970 --> 00:16:55,097
I need water, heat and Prime Now,
346
00:16:55,180 --> 00:16:58,600
and if I had to choose between the three,
Prime Now delivers water.
347
00:16:58,684 --> 00:16:59,935
[laughter, applause]
348
00:17:00,019 --> 00:17:01,645
Let's be real, come on!
349
00:17:01,729 --> 00:17:02,855
[applause]
350
00:17:02,938 --> 00:17:05,024
If there's a line in the sand,
351
00:17:05,941 --> 00:17:08,610
and there's woke on one side
and lazy on the other,
352
00:17:08,694 --> 00:17:10,112
best believe I'm choosing lazy.
353
00:17:10,195 --> 00:17:11,655
Look, my wokeness has a limit.
354
00:17:11,739 --> 00:17:15,034
Remember when United
dragged that Asian uncle off the plane?
355
00:17:15,117 --> 00:17:16,702
I boycotted United
356
00:17:16,785 --> 00:17:18,954
until I had to fly O'Hare,
and I was like...
357
00:17:19,038 --> 00:17:19,872
[laughter]
358
00:17:20,372 --> 00:17:24,293
Look, the woke part of me was like,
"Don't fucking do it."
359
00:17:24,376 --> 00:17:26,920
And then the Indian part of me was like,
360
00:17:27,004 --> 00:17:29,173
"They gave you Economy Plus."
361
00:17:29,298 --> 00:17:30,257
[laughter]
362
00:17:30,340 --> 00:17:32,676
[applause, cheering]
363
00:17:32,760 --> 00:17:34,636
I'm not the only one who's hooked.
364
00:17:34,720 --> 00:17:37,890
Advertisers are hooked on Amazon's data,
vendors are hooked on its customers,
365
00:17:37,973 --> 00:17:41,310
politicians are hooked on its jobs,
companies are hooked on its servers,
366
00:17:41,393 --> 00:17:43,479
and Wall Street is hooked
on its stock price.
367
00:17:43,562 --> 00:17:46,356
And before you know it,
we're all gonna end up here.
368
00:17:46,440 --> 00:17:49,193
[male voice-over]
Her addiction has recently evolved.
369
00:17:50,027 --> 00:17:53,363
I guess, with the transfer
of his cremains...
370
00:17:53,447 --> 00:17:54,990
I spilled that on my hands.
371
00:17:55,657 --> 00:17:58,911
And I didn't wanna wipe them off,
so I just...
372
00:17:59,620 --> 00:18:02,039
licked it off my fingers, and...
373
00:18:02,122 --> 00:18:03,415
[audience groans of "oh no"]
374
00:18:03,499 --> 00:18:07,669
here I am today, almost two months later,
and I can't stop.
375
00:18:08,170 --> 00:18:09,254
[audience sounds disgusted]
376
00:18:09,338 --> 00:18:10,923
I'm eating my husband.
377
00:18:11,006 --> 00:18:12,132
[audience sounds disgusted]
378
00:18:12,257 --> 00:18:15,594
Addiction keeps getting worse
until you bottom out
379
00:18:15,677 --> 00:18:18,347
and lick you husband's ashes
off your fingers.
380
00:18:18,430 --> 00:18:21,600
Don't groan.
This is not just about Amazon.
381
00:18:22,267 --> 00:18:24,061
Big tech companies
like Google and Facebook
382
00:18:24,144 --> 00:18:26,814
are amassing huge amounts
of our personal data,
383
00:18:26,897 --> 00:18:29,066
and they're not being held accountable
for how they're using it.
384
00:18:29,149 --> 00:18:31,193
But what happens
when something goes wrong?
385
00:18:31,276 --> 00:18:35,447
A company that started as a website
for horny college kids to hook up
386
00:18:35,531 --> 00:18:38,534
may have helped swing
a presidential election.
387
00:18:39,076 --> 00:18:43,080
There is a cost to bigness,
even if it's not passed onto the consumer.
388
00:18:43,580 --> 00:18:45,874
And if companies do need to be reined in,
389
00:18:45,958 --> 00:18:49,461
how is a law from 1890
supposed to do anything?
390
00:18:49,545 --> 00:18:52,840
That's like pulling out a condom
made in 1890, being like...
391
00:18:54,299 --> 00:18:56,009
"Fuck it. I hope this works."
392
00:18:56,969 --> 00:19:00,097
You just blow on that shit like it's
a Nintendo cartridge. Like, "Hey man."
393
00:19:00,222 --> 00:19:02,808
[applause]
394
00:19:02,891 --> 00:19:04,351
It's time to go hard in the paint.
395
00:19:05,060 --> 00:19:07,980
Places like the E.U.
are actually using antitrust laws
396
00:19:08,063 --> 00:19:10,190
to effectively regulate big companies,
397
00:19:10,274 --> 00:19:11,942
and we need to follow their lead,
398
00:19:12,025 --> 00:19:15,529
we need updated antitrust laws
for the digital age
399
00:19:15,612 --> 00:19:17,489
to save us from ourselves.
400
00:19:17,573 --> 00:19:20,659
But until we get them, if Amazon
is going to keep controlling markets,
401
00:19:20,742 --> 00:19:22,995
killing competition
and mistreating workers,
402
00:19:23,078 --> 00:19:24,496
the least they could do
403
00:19:24,580 --> 00:19:27,416
is make a holiday commercial
that's a little more honest.
404
00:19:27,499 --> 00:19:28,333
[cheery intro chords]
405
00:19:52,774 --> 00:19:53,609
[ping, music stops]
406
00:19:54,651 --> 00:19:55,569
[accordion chords]
407
00:19:58,739 --> 00:20:01,200
Wait, did they just say "Indian guy"?
408
00:20:16,506 --> 00:20:18,592
[laughter, applause]
409
00:20:18,675 --> 00:20:21,511
[cheering, applause]
410
00:20:22,804 --> 00:20:26,808
Showing my legs on TV is probably
the scariest thing I've ever done.
411
00:20:26,892 --> 00:20:31,063
And keep in mind, last week I went after
the crown prince of Saudi Arabia.
412
00:20:32,105 --> 00:20:33,023
Moving on.
413
00:20:33,732 --> 00:20:35,317
The midterm elections are coming up,
414
00:20:35,400 --> 00:20:37,069
and I think you know
what I'm about to say.
415
00:20:37,152 --> 00:20:39,821
-The election is here. Get out and vote.
-If you care, vote.
416
00:20:39,905 --> 00:20:40,739
-Vote.
-Vote.
417
00:20:40,822 --> 00:20:42,783
Rock the vote
418
00:20:42,866 --> 00:20:44,576
Register and vote.
419
00:20:46,203 --> 00:20:47,579
And tell them Spiderman sent you.
420
00:20:47,663 --> 00:20:49,206
Quick piece of advice:
421
00:20:49,289 --> 00:20:53,377
don't show up to your polling place
wearing a mask.
422
00:20:53,460 --> 00:20:55,170
That's how you know
Peter Parker was white.
423
00:20:55,254 --> 00:20:56,630
He was like, "This is cool, right?"
424
00:20:56,713 --> 00:20:57,839
[scattered laughter]
425
00:20:58,799 --> 00:21:00,342
[laughter]
426
00:21:00,842 --> 00:21:04,012
There's a difference.
There's different rules.
427
00:21:04,096 --> 00:21:05,764
You may have noticed
428
00:21:05,847 --> 00:21:08,892
critical states are making it harder
to cast your ballot.
429
00:21:08,976 --> 00:21:10,727
[male reporter] Since the 2016 election,
430
00:21:10,811 --> 00:21:14,022
nine states with Republican state
legislatures
431
00:21:14,106 --> 00:21:16,024
have passed laws restricting the vote.
432
00:21:16,108 --> 00:21:19,319
In Georgia, North Dakota,
in Florida and other key states
433
00:21:19,403 --> 00:21:21,405
suppression could make the difference
in this election.
434
00:21:21,488 --> 00:21:24,700
States keep adding new obstacles
that make it harder to vote.
435
00:21:24,783 --> 00:21:28,662
It feels like every election is becoming
an episode of American Ninja Warrior.
436
00:21:28,745 --> 00:21:32,332
[male show host] We made minor
alterations to some classic obstacles
437
00:21:32,416 --> 00:21:34,710
and created some major headaches.
438
00:21:34,793 --> 00:21:36,837
Oh!
439
00:21:36,920 --> 00:21:38,297
That's a metaphor for Georgia.
440
00:21:38,380 --> 00:21:42,009
Last year Georgia passed
something called "exact match".
441
00:21:42,092 --> 00:21:45,721
I know "Exact match" sounds like
Georgia overcompensating for saying,
442
00:21:45,804 --> 00:21:46,847
"They all look alike!"
443
00:21:46,930 --> 00:21:48,348
But it's actually this:
444
00:21:48,432 --> 00:21:49,933
Exact match.
445
00:21:50,017 --> 00:21:53,312
That means every letter and every digit
on your voter registration
446
00:21:53,395 --> 00:21:56,356
must be identical to what's on your ID.
447
00:21:56,440 --> 00:21:59,860
Any misspelling or other small error
could mean you can't vote.
448
00:21:59,943 --> 00:22:02,487
Imagine potentially not being able to vote
449
00:22:02,571 --> 00:22:07,951
because your voter registration form and
driver's license are off by one letter.
450
00:22:08,035 --> 00:22:10,370
What if your last name is Nandanwar?
451
00:22:10,454 --> 00:22:13,832
You know that's gonna be misspelled
at some point. We've all been there.
452
00:22:13,915 --> 00:22:16,835
That's an N-word that never comes up
in Macon, Georgia.
453
00:22:16,918 --> 00:22:18,295
The exact match standard
454
00:22:18,378 --> 00:22:21,798
affects around 53,000 people
statewide in Georgia
455
00:22:21,882 --> 00:22:25,218
and nearly 70% of them
are African Americans.
456
00:22:25,302 --> 00:22:27,387
"Exact match" discriminates
against black voters
457
00:22:27,471 --> 00:22:30,515
and it could be the deciding factor
in Georgia's governor's race.
458
00:22:30,599 --> 00:22:33,143
It's now a dead heat between
Republican Brian Kemp
459
00:22:33,226 --> 00:22:35,228
and Democrat Stacey Abrams,
460
00:22:35,312 --> 00:22:37,314
who would be the nation's first
black woman governor.
461
00:22:37,397 --> 00:22:39,775
Stacey Abrams is running
against Brian Kemp,
462
00:22:39,858 --> 00:22:41,818
Georgia's Secretary of State,
463
00:22:41,902 --> 00:22:45,947
who just coincidentally is the guy
in Georgia who enforces voting laws.
464
00:22:46,031 --> 00:22:50,619
Like the one that could prevent 53,000
people from voting for Stacey Abrams.
465
00:22:50,702 --> 00:22:52,537
In Florida, they cut early voting.
466
00:22:52,621 --> 00:22:55,248
In Ohio, they ended
same-day voting registration.
467
00:22:55,332 --> 00:22:59,002
There's really only one way
to stop future voter suppression:
468
00:22:59,086 --> 00:23:02,255
you have to pay attention
to state legislators.
469
00:23:02,339 --> 00:23:05,008
And I know a lot of you are like,
"What are state legislators?"
470
00:23:05,092 --> 00:23:07,094
You know those at the
bottom of your voting scantron?
471
00:23:07,177 --> 00:23:09,846
Where you're like, "I don't care about
them." That's your state legislator.
472
00:23:09,930 --> 00:23:11,807
You might have that one woke friend,
Andy, who's like,
473
00:23:11,890 --> 00:23:13,183
"This is the cheat sheet, just go in."
474
00:23:13,266 --> 00:23:16,228
You're like, "Andy said it's okay,
he recycles, I'll just believe him."
475
00:23:16,311 --> 00:23:18,855
State legislatures
are the minor leagues of politics.
476
00:23:18,939 --> 00:23:21,525
National politics are the major leagues.
477
00:23:21,608 --> 00:23:22,734
It's exciting.
478
00:23:22,818 --> 00:23:26,571
Senators, congressmen, the presidency,
bribery, corruption, pee tapes.
479
00:23:26,655 --> 00:23:28,698
It's poppin'!
480
00:23:28,782 --> 00:23:34,246
That's why people get tattoos
of the Yankees, the Red Sox, the Cubs.
481
00:23:34,329 --> 00:23:37,624
No one gets a tattoo of the Modesto Nuts.
482
00:23:37,707 --> 00:23:40,836
This is a real team.
It's a minor league team by where I live.
483
00:23:40,919 --> 00:23:42,170
There's a mascot...
484
00:23:42,254 --> 00:23:44,840
Their mascot is a testicle
in a baseball cap.
485
00:23:44,923 --> 00:23:45,882
[audience hooting]
486
00:23:45,966 --> 00:23:48,885
Don't tell me that's a walnut,
walnuts don't have veins.
487
00:23:49,594 --> 00:23:52,097
[applause]
488
00:23:52,180 --> 00:23:54,182
But the minor leagues matter.
489
00:23:54,266 --> 00:23:57,352
For every Jose Altuve
for the Lancaster JetHawks,
490
00:23:57,436 --> 00:24:01,773
there's a congressman, Jim Jordan, who
as an Ohio House member back in 1998,
491
00:24:01,857 --> 00:24:05,068
was named Pro-Life Legislator of The Year
492
00:24:05,152 --> 00:24:07,654
by the United Conservatives of Ohio.
493
00:24:07,737 --> 00:24:11,199
Say that with me.
United Conservatives of Ohio.
494
00:24:11,283 --> 00:24:14,661
The only phrase more redundant
than that is thirsty DiCaprio.
495
00:24:14,744 --> 00:24:17,622
Or maybe sanctimonious vegan.
496
00:24:17,706 --> 00:24:19,833
For every Billy Hamilton
for the Bakersfield Blaze,
497
00:24:19,916 --> 00:24:21,668
there's a U.S. congressman
Glenn Grothman.
498
00:24:21,751 --> 00:24:24,504
As a member of the Wisconsin State Senate,
499
00:24:24,588 --> 00:24:27,424
he voted in favor
of a strict voter ID bill.
500
00:24:27,507 --> 00:24:29,593
He also said this in 2016
501
00:24:29,676 --> 00:24:32,762
when asked why he thought
Hillary Clinton could lose in Wisconsin:
502
00:24:32,846 --> 00:24:35,223
I think Hillary Clinton
is about the weakest candidate
503
00:24:35,307 --> 00:24:37,976
the Democrats have ever put up,
and now we have photo ID,
504
00:24:38,059 --> 00:24:40,896
and I think photo ID is gonna
make a bit of a difference as well.
505
00:24:40,979 --> 00:24:44,149
I don't think you're supposed
to say that shit out loud, Glenn.
506
00:24:44,232 --> 00:24:45,066
[laughter]
507
00:24:45,150 --> 00:24:46,818
What did he say on camera after that?
508
00:24:46,902 --> 00:24:48,987
"You know, I'm not a big fan
of interracial marriage.
509
00:24:49,070 --> 00:24:51,781
And if I'm being honest,
last night I was driving home,
510
00:24:51,865 --> 00:24:55,452
and I'm not sure if I hit a deer
or a beige dude in a beige jacket.
511
00:24:55,535 --> 00:24:57,704
Either way, that thing is dead."
512
00:24:57,787 --> 00:25:00,332
[applause]
513
00:25:00,457 --> 00:25:02,918
State legislators are a big deal.
514
00:25:03,001 --> 00:25:04,836
Even though they're at the bottom
of the ballot,
515
00:25:04,920 --> 00:25:08,131
they control how you vote,
when you vote and where you vote.
516
00:25:08,215 --> 00:25:11,384
And a lot of them are trying very hard
to make sure that you don't count.
517
00:25:11,468 --> 00:25:14,888
So what I'm saying is,
look out for your Modesto Nuts.
518
00:25:14,971 --> 00:25:15,805
[outro music starts]
519
00:25:15,889 --> 00:25:17,390
That's our show. Good night!
520
00:25:19,684 --> 00:25:20,852
Thank you guys so much.
521
00:25:20,902 --> 00:25:25,452
Repair and Synchronization by
Easy Subtitles Synchronizer 1.0.0.0
43521
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.