In 2013, Senator Orrin Hatch asked Mark Zuckerberg 'if you give Facebook away for free, how do you make money?' and Zuckerberg answered 'Senator, we sell ads,' showing that regulators lack basic understanding of how innovators make money, and this gap has only widened with AI.
normativepending
Speaker
Thomas FriedmanEvidence Quote
“Senator Orrin Hatch was interviewing Mark Zuckerberg... 'Mr. Zuckerberg, if you give Facebook away for free, how do you make money?' And he said, 'Senator, we sell ads.' So, today the regulator has no clue how the innovator even makes money.”
Source
Tom Friedman: AI, China, Globalization and America’s Next Era | Coffee with Ken— Coffee with KenCreated: 8/12/2026, 5:59:18 PM
My Notes
Loading notes...