CAFE Insider 11/17: Facebook & Unheeded Advice (with Joyce Vance and Roger McNamee)

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News, Society & Culture, Politics, Government

4.8 • 32.4K Ratings

🗓️ 17 November 2021

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this sample from the CAFE Insider podcast, Joyce asks prominent technology investor Roger McNamee about the threat Facebook poses to democracy, and what happened when he confronted Mark Zuckerberg following the 2016 election. In the full episode, they discuss McNamee’s mentorship of Zuckerberg, how that relationship fell apart after Facebook changed its business model to maximize profit, and what can still be done to protect the public from exploitative technologies. They also dig into McNamee’s vision for a regulatory agency in the mold of the Food and Drug Administration to monitor technology and social media, and why McNamee considers himself an “accidental investor” after first setting out to become a musician. To listen to the full episode and get access to all exclusive CAFE Insider content, try the membership free for two weeks: www.cafe.com/insider Sign up to receive the free weekly CAFE Brief newsletter: www.cafe.com/brief This podcast is brought to you by CAFE Studios and Vox Media Podcast Network. Tamara Sepper – Executive Producer; Adam Waller – Senior Editorial Producer; Matthew Billy – Audio Producer; Jake Kaplan – Editorial Producer Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey folks, Joyce Vance here.
0:03.7	In this special episode of The Cafe Insider, I speak with longtime investor in sage of Silicon
0:09.0	Valley Roger McNamee.
0:10.9	McNamee was an early champion of Facebook, putting his wallet behind the company and
0:15.6	his faith in its visionary CEO and founder Mark Zuckerberg.
0:19.6	That relationship is unraveled in recent years, following decisions made at Facebook that
0:24.1	McNamee says so's extreme polarization and invades privacy for profit.
0:30.0	We discuss all this and more on the Cafe Insider podcast.
0:34.0	Today we're sharing a clip from the episode with listeners of Stay Tuned to hear our
0:38.1	full conversation and access all other Cafe Insider content.
0:42.4	Try the membership free for two weeks.
0:44.8	You can do that at cafe.com slash insider.
0:54.9	Right after the 2016 election, Trump has just been elected.
1:00.4	People are still fairly stunned and pretty horrified.
1:03.7	And Zuckerberg is interviewed.
1:05.1	I think it's the keynote address at Teconamine.
1:07.7	Tell us about what happens there.
1:09.5	Mark says I forget his exact quote but it's something like inconceivable that Facebook
1:15.3	had played a role in the election.
1:19.1	And when you say it's inconceivable, I mean, literally nine days before he got an email
1:23.6	from me suggesting that this was a real danger.
1:29.2	I think that was a public-facing statement as opposed to inconceivable in the same way
	...

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