4.5 • 705 Ratings
🗓️ 11 April 2019
⏱️ 13 minutes
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0:00.0 | Welcome to Axis ProRata, where we get you smarter about the collision of tech, business, and politics. |
0:10.5 | Sponsored by Bridge Bank. Be bold. Venture wisely. I'm Danper Mack. On today's show, putting Uber into context and why coffee is no longer essential. |
0:19.1 | But first, conservatives versus social media. |
0:22.0 | So Senate Republicans yesterday held a subcommittee meeting hearing titled, |
0:25.6 | Stifling Free Speech, Technological Censorship, and the Public Discourse. |
0:29.6 | It was basically a chance to grill Facebook and Twitter executives over perceived political |
0:33.6 | bias on their platforms, which Republicans and others on the right regularly complain about. |
0:38.4 | So, a few things to know. First, only Twitter and Facebook set representatives. Google didn't. |
0:43.2 | Second, Senate Democrats objected to the purpose of the hearing. Third, there is not yet any |
0:48.4 | statistical evidence that Twitter or Facebook's moderation, which is primarily done by algorithm, |
0:53.8 | disproportionately affects |
0:55.0 | Republicans or Republican office holders. |
0:57.2 | Fourth, it's nonetheless still an article of faith on the right that left-leaning Silicon |
1:01.6 | Valley is putting its finger on the scale. |
1:04.0 | And there is a series of anecdotal examples that they believe support that claim. |
1:08.3 | The bottom line, big tech is under fire from both sides of the |
1:11.5 | political aisle, and hearings like yesterday may be a predicate to stronger regulation. In 20 seconds, |
1:16.8 | we'll go deeper with Senator Ted Cruz of Texas, who chaired yesterday's hearing. But first, |
1:21.1 | this. Bridgebank believes in the risk takers, the game changers, and the disruptors, those committed |
1:26.3 | to leveraging innovation |
1:27.5 | to make the world a better place. |
1:29.5 | That's why Bridgebank has been dedicated to providing financial solutions to sponsor-backed |
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