Live on Bloomberg TV

00:00YOU CAN CORRESPOND A PETER COOK. HE HAS BEEN AT THE FCC MEETING ALL MORNING. WHAT WENT ON TODAY? >> THERE WAS TENSION IN THE ROOM TO BE SURE. WHEN THE FINAL VOTE HAPPENED, THERE WAS A CHAIR THAT WENT UP, SUPPORTERS OF THE ROLE MAKING, BACKING TOM WHEELER AND THE OTHER TWO DEMOCRATS WHO VOTED FOR IT. ONE OF THOSE, STEVE WOZNIAK, ONE OF THE COFOUNDERS OF APPLE, SOMEONE WHO UNDERSTANDS THESE ISSUES VERY WELL. I WANTED TO DRAG STEVE OVER TO GET HIS IMMEDIATE REACTION. FIRST OF ALL, YOU MADE A DECISION TO COME TO THE FCC TO WITNESS THIS. WHY? >> I FOLLOW MY HEART. THE ONLY OTHER TIME WAS WHEN I CAME IN 2010 TO WATCH THE VOTE ON NET NEUTRALITY. THE INTERNET WAS SO BEAUTIFUL. IT WAS SUCH AN OPEN AND FREE EXPRESSION FORM. OVER TIME IT STARTED GETTING CLAMPED DOWN. DECISIONS WERE BEING MADE BY THE ISP'S, THE GATEKEEPERS, YOU MIGHT CALL IT. DO WE TRUST THEM TO MAKE DECISIONS? NO, WE NEED SUPERVISION OF THEIR BAD BEHAVIOR. ARE THEY LIKELY TO MAKE DEALS AND ACCEPT BRIBES? EVERYONE KNOWS THAT. IF YOU GIVE SOMEONE A PREFERENCE, THAT IS A BRIBE. >> YOU ARE CONFIDENT HE WILL MAKING WILL ENSURE AN OPEN AND FREE INTERNET? >> I THINK IT WILL BE A BIG STEP, A POSITIVE STEP. I THINK THE OTHER SIDE IS ALSO FOR OPEN AND FREE INTERNET IN TERMS OF NET NEUTRALITY. THE DECISION TODAY GOES FURTHER THAN NET NEUTRALITY. TITLE II REGULATION MEANS OVERSIGHT OF BAD BEHAVIOR. NOT MEDDLING, NOT CONTROLLING THINGS, BUT LOOKING FOR BAD BEHAVIOR AND THERE COULD BE A LOT OF THINGS THAT ARE ILLEGAL, UNCONSTITUTIONAL BEHIND THE SCENES AT THESE BIG ISP'S, AND I DO NOT THINK PEOPLE TRUST THEM THAT MUCH. THIS IS A VICTORY FOR THE PEOPLE, THE CONSUMERS, THE AVERAGE JOE'S AGAINST THESE SUPPLIERS WHO HAVE ALL OF THE POWER AND WEALTH AND MAKE THE DECISIONS FOR THEM AND THEY FEEL HOPELESS AND HELPLESS AND HERE ARE 4 MILLION OF US SIGNING PETITIONS. AND YOU KNOW, IT IS AN INDICATION THAT THE PEOPLE SOMETIMES WIN. WE HAVE HAD A LOT OF THE FEATS OVER THE YEARS, BUT ONCE IN A WHILE, WE GET A WIN. >> A LOT OF PEOPLE SAY THIS WILL STIFLE INVESTMENT. YOU MAY NOT LIKELY INTERNET SERVICE PROVIDERS, BUT THEY ARE SPENDING THE MONEY TO CREATE THIS. THAT WILL DRY UP. >> THERE WERE ARTICLES IN THE WALL STREET JOURNAL -- NO, I DO NOT THINK THIS IS RUINING THEIR BUSINESS. ALL IT IS AS HAVING SOME OVERSIGHT OF BAD BEHAVIOR. WHEN THEY DO BAD THINGS FOR THE CUSTOMERS. >> WHAT ABOUT THE NOTION THAT THIS IS A SOLUTION TO A PROBLEM THAT DOES NOT YET EXIST ? THAT THEY CANNOT DOCUMENT THAT BROUGHT A DISCRIMINATION IS HAPPENING ON THE WEB. >> THERE ARE MAYBE THINGS IN THE BACKGROUND WE DO NOT EVEN KNOW ABOUT. MAYBE IT HAS BEEN GOING ON BECAUSE THEY HAVE NOT HAD ENOUGH OVERSIGHT. AS FAR AS NET NEUTRALITY GOES, EVERYONE AGREES WE NEED NET NEUTRALITY. IT IS THE RIGHT THING TO DO. OF COURSE, AFTER FIGHTING ALL THEY COULD TO OVERTURN FOR YEARS, REPUBLICANS NOW SAY IT IS THE RIGHT THING TO DO. >> ALL RIGHT, LET ME ASK YOU FINALLY -- IF YOU ARE TRYING TO START A COMPANY TODAY, THE APPLE OF THE FUTURE, WILL TODAY'S DECISION MAKE THAT EASIER? >> I DO NOT THINK IT WILL MAKE ANY DIFFERENCE, REALLY. I GUESS IT WOULD. YES, TODAY WOULD. IN EARLY DAYS THE INDUSTRY WAS STARTING FROM NOTHING. EVERYONE HAD A ROOM. AFTER A WHILE IT CONDENSES DOWN TO A FEW BIG PLAYERS, AND THEY DO EVERYTHING THEY CAN TO STIFLE AND NOT LET THE LITTLE GUYS HAVE A CHANCE TO GET IN. THE INNOVATORS FROM THE OUTSIDE. I THINK IT IMPROVES IT SLIGHTLY, AND ONLY IN RESTRICTIVE CASES. -- I AM HOPING THAT IT GETS INTO THINGS LIKE BROADBAND BEING DECLARED A NECESSITY THAT SHOULD BE BROUGHT TO EVERYONE. THERE IS NO A ISP THAT IS GOING TO BRING BROADBAND TO MY PLACE. WHEN I GO TO WORK, I TAKE A SEGWAY. I DO NOT HAVE BROADBAND. I AM IN SILICON VALLEY. I DO NOT HAVE ROCK BAND BECAUSE I HAVE NO CHOICE OR IT IT'S A MONOPOLY. IT IS AN ESSENTIAL SERVICE OF LIFE BROUGHT TO YOU BY ONE COMPANY, AND IMMOKALEE.

No schedule data available.

Wozniak: This Is a Victory for the Consumers

More From Bloomberg Technology
All episodes and clips