Don't Be Evil. Rana Foroohar on Big Tech.

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New Economic Thinking

New Economic Thinking

Күн бұрын

INET President Rob Johnson talks with the Financial Times’ Rana Foroohar about her new book, Don’t Be Evil: How Big Tech Betrayed It’s Founding Principles-And All Of Us (Currency, 2019).

Пікірлер: 55
@Frank-cj3nh
@Frank-cj3nh 4 жыл бұрын
INET, nice job at filling in the description box so people can, you know, buy her book, follower her on twitter or know her name without having to restart the video...Thanks.
@chethansagar
@chethansagar 4 жыл бұрын
I like this conversation 🙏 - It’s profound
@rachelpfirrman1015
@rachelpfirrman1015 2 жыл бұрын
She is quite a revolutionary thinker!!! Very interested to read her books in the near future. Thank you for this great content.
@tonywilson4713
@tonywilson4713 Жыл бұрын
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
@paulwolinsky1538
@paulwolinsky1538 Жыл бұрын
Thanks so much to Ms. Faroohar for her perceptive and incisive commentary regarding the dangers of a gargantuan industry with the ability to make up the rules it plays by as it goes along. I fear far too many are lured by the obvious advantages technology confers without admitting, accepting or understanding the disadvantages that come along with them.
@tonywilson4713
@tonywilson4713 Жыл бұрын
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
@kathlucas7797
@kathlucas7797 3 жыл бұрын
Lots to think about - but what a good interviewer Rob Johnson is - he is so settled in himself. I wish we had more interviewers like that in the political sphere where journalists have become so adversarial. You just end up with very tedious, defensive interviews that don't work for anyone.
@gregwang8628
@gregwang8628 Жыл бұрын
Rob, I salute you and your work! A beacon of moral and caring from north!
@geoffreynhill2833
@geoffreynhill2833 Жыл бұрын
My bro & I first saw commercial TV at the age of fourteen. We fell about laughing, the ads were so obviously calculated to flatter & schmooze us into buying their products. (from Green Fire, UK) 🌈🦉
@danielyoung6630
@danielyoung6630 4 жыл бұрын
YOU GO GIRL YOU ARE MY NEW HERO!
@SauvelmM
@SauvelmM 4 жыл бұрын
Most surprising Saskatchewan reference ever...
@kmcq692
@kmcq692 Жыл бұрын
Hah!
@1Heirborn
@1Heirborn 4 жыл бұрын
Companies that sell your data should have to keep track of it so users can see who's buying/selling their data. I'm all for the power of markets, but we should have regulations to provide greater transparency to consumers.
@edwardenglishonline
@edwardenglishonline Жыл бұрын
Extremely interesting and well put together. Thank youuuu
@tonywilson4713
@tonywilson4713 Жыл бұрын
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
@Lambert7785
@Lambert7785 Жыл бұрын
really helpful, thanks
@sylvanabeaulieu8464
@sylvanabeaulieu8464 4 ай бұрын
I read this book. Very good.
@floydwilkes9904
@floydwilkes9904 2 жыл бұрын
This conversation has a delightful air of intimacy about it. A virtually romantic atmosphere of intimacy, trust and joy. Yet very integrous too. Ha!
@dimitrioskalfakis
@dimitrioskalfakis Жыл бұрын
spot on!
@BlueBaron3339
@BlueBaron3339 4 жыл бұрын
Uh....those aren't what loot boxes are. Otherwise, brilliant and, at 49, age does not appear to affect her. With online gaming, though, Rob is right. Not only does the market there create the demand before the product, it won't let you purchase the product. Not directly. And *it's here* where loot boxes come into play, along with tiers of virtual currency only available through gambling.
@SteveMoyer
@SteveMoyer 4 жыл бұрын
Money is an evil system by design. It doesn't try to empower people with good ideas unless it empowers itself. Money serves money. This is quintessential greed. How much money is enough? We fail to even ask the question. The assumption of money is "enough is never enough." All business is oriented towards increasing the importance of money in our lives. But is this the right thing to do? No, it isn't. Money should serve virtue, not itself.
@jasonstevens8517
@jasonstevens8517 3 жыл бұрын
And just what kind of system would you propose in its place? You sound like an insane person. We would all like to live in Utopia but human nature will never permit that. So we use money as a measure of hard work with which to live our lives on. Not perfect at all, but the only usable system of market and economy we can make work to a decent degree. And money is not evil at all in any way shape or form. It is people that are evil.
@alphaomega1089
@alphaomega1089 Жыл бұрын
Beautiful title.
@alphaomega1089
@alphaomega1089 Жыл бұрын
It is free. How long to win is why you pay. A million year to win. Who can see that?
@alphaomega1089
@alphaomega1089 Жыл бұрын
Why not love God to see you? Big laugh! Don't worry about God. Did it do right to see you? Here to protect paymaster to do that job.
@davidwilkie9551
@davidwilkie9551 4 жыл бұрын
Good and evil in everything, and believe it or not, we do have enough free will to at least aim in the right direction, which will be evident in the feedback from those around. Tech amplified the normal variation and made it volitile for individuals.
@RunnerBrain
@RunnerBrain 3 жыл бұрын
10:20 Persuasive Technology? If Internet or social media is replacing TV, it must have the same hypnotizing effect on people or even worse.
@andybaldman
@andybaldman 3 жыл бұрын
13:00 Companies made an addictive thing, based on past addictive things. Is this really a profound idea worthy of a book? It's already been said a million times.
@rebeccawoolfolk5377
@rebeccawoolfolk5377 4 жыл бұрын
The man is speaking so softly that I can't hear much of what he's saying even with the volume all the way up. Then when she laughs, it hurts my ears.
@itsiwhatitsi
@itsiwhatitsi 3 жыл бұрын
It's not a mediocre thing to "not be evil"...
@paulwolinsky1538
@paulwolinsky1538 Жыл бұрын
What do you mean "mediocre"? It IS banal to say "Don't be evil" when you have no intention of following through on your own statement.
@itsiwhatitsi
@itsiwhatitsi Жыл бұрын
@@paulwolinsky1538 I mean the statement itself is not a common thing in nature and because the world is hard is a very nice statement to remember… Beside that … I don’t know if you think that Google is evil in some way (?)
@paulwolinsky1538
@paulwolinsky1538 Жыл бұрын
@@itsiwhatitsi My basic understanding of Tech workers is that in most ways, they are ordinary human beings. So Google, for instance, was founded by and is run by people who are susceptible to vices such as greed, a lack of compassion or an unwillingness to care about the customers they "serve" (but as Ms. Faroohar points out, the people who end up serving Google), and all kinds of other vices. To say "Don't be evil" when most ordinary human beings are generously endowed with the capacity for evil is more than just a small instance of self-flattery or self-deception. By the way, I don't even know for sure if you are a person, or part of a Google company-sponsored public relations phishing search engine, which is also kind of evil, or has the potential to be.
@itsiwhatitsi
@itsiwhatitsi Жыл бұрын
@@paulwolinsky1538 no I am just a person that like the frase. I am not a bot or connected to Google and I am not interested in Google , I just think that in a world full of motivational frases to be better smarter or richer I think that “do not be evil” is even more essential than other things. A reminder to not cheat ,trick, rub ,fight the others is a good thing to remember in a Tech company or in all the industries in general: the goal is develop things for a better humanity and is not just a money fact but also a manner. That is the essence of what a real civilization must be. I think is a simple but deep tagline. Is not like saying “be good” or “be better” is not even a way to say “ we are better , smart and original in the industry”. Is a minimal ,humble but very important thing to remember in the capitalistic world , to set a “Value” in a world that seems to have lost the meaning of what is really important
@paulwolinsky1538
@paulwolinsky1538 Жыл бұрын
@@itsiwhatitsi I guess what I have a problem with is what I mentioned at the outset - if you remember. It is 'banal' in Hannah Arendt's sense of stupid and thoughtless, for the head of a Big Tech company (I'm not sure if it was the head of Google or the head of Apple) to claim that he and his company would not be evil, when they are collecting all kinds of information about people unbeknownst to those people, when they use that information to do all kinds of things that we may even have no idea about (under cover of law) and use their corporate and financial leverage to quiet or silence any dissent about their policies or procedures. Plus, how much do these companies actually pay in taxes? Do you honestly think they are 'good corporate citizens' in a phrase that was on everyone's lips 5 - 10 years ago, but which has been forgotten or all but drained of meaning, lately.
@nutcase1065
@nutcase1065 Жыл бұрын
Would love to hear what Ms Foroohar thinks of the the latest stumbles big tech took dancing with the government. You can only call the tune if you know the words. Some things never change.
@gdavidelliott
@gdavidelliott Жыл бұрын
Saying Libertarian and anti-competitive in the same sentence shows a misunderstanding of what that means.
@matveyshishov
@matveyshishov Жыл бұрын
Surveillence - yes. As for capitalism, think about TikTok. Capitalism is not interested in observing you, it's interested in selling to you. Addiction? Yes, please. Cigarettes, big TVs, bigger TVs. Surveillence? Only to know you better and sell you even more. Political agents, on the other hands, are very interested in surveillence. Manipulating opinions. Increasing polarization. Identifying weak spots.
@Sui_Generis0
@Sui_Generis0 4 жыл бұрын
This is not the industrial revolution of our time
@kmcq692
@kmcq692 Жыл бұрын
Is it more like the invention of the Printing Press?
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