4.4 • 3K Ratings
🗓️ 17 November 2024
⏱️ 29 minutes
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0:00.0 | For investors, as you're looking at these companies, do a little bit of research to see, |
0:04.7 | are they simply just handing out cash? Or are they actually going out and doing campaigns that |
0:09.9 | target voters to say, we think you are an Airbnb voter or we think you are an Uber voter, |
0:15.5 | and we want you on our side? If they're organizing, they're going to be even more effective. |
0:23.3 | I'm Ricky Mulvey, and that's Charles Duhigg. He's a Pulitzer Prize-winning journalist and |
0:28.0 | a best-selling author of supercommunicators and The Power of Habit. He's got an article in the |
0:33.4 | New Yorker titled Silicon Valley, The New Lob new lobbying monster. My colleague Mary Long caught up |
0:38.6 | with Doohigg to talk about it. They discuss how Airbnb won an existential election, the message |
0:44.6 | that a powerful lobbying group sent to politicians about crypto, and what tech giants have kept from |
0:50.1 | their underdog days. |
1:00.8 | Charles, you wrote recently a fascinating story in The New Yorker about Silicon Valley's changing relationship with the lobbying industry and with Washington more broadly. |
1:05.7 | It was fascinating for many reasons, one of which is that reading this in 2024, |
1:09.5 | even pre-election, it was wild to think, |
1:12.7 | wait, Silicon Valley didn't always have a lobbying relationship with Washington. So maybe we start |
1:17.7 | at the beginning, like take us back to a decade plus ago. Why did Silicon Valley consider itself, |
1:23.0 | I think the word you use is detached from electoral politics? And they did hire lobbyists, right? Particularly like after Microsoft was taken to court |
1:31.2 | in the late 90s, everyone in Silicon Valley realized, oh, we got to have a couple lobbyists, |
1:35.4 | but they didn't like them, right? They would call them up and gossip with them, but they just |
1:39.8 | thought politics was stupid. They thought it was like, it was like, if you were really smart, you'd go into tech. |
1:45.0 | And if you weren't that smart, you'd go into politics and they'd give you some like senator |
1:48.8 | role or maybe a cabinet position. So there was just basically this total like dismissal of politics |
1:56.1 | until about 2010. And up until 2010, you could get away with that, right? |
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