Brad Smith, the president of Microsoft, talks with Recode’s Kara Swisher at the 2018 Code Conference. Smith reflects on what Microsoft learned from losing the U.S. Justice Department’s antitrust lawsuit in 2001, which broke the company up. He explains what tech companies that are in the crosshairs today should be thinking about their responsibility to the public. He also talks about how Microsoft has become politically active in the Trump era, particularly around immigration. He predicts a “tough summer” ahead if no compromise can be reached on the Obama-era immigration policy DACA. Plus: How Microsoft thinks about artificial intelligence, the Facebook hearings and diversity.

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