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The Intelligence from The Economist

Facebooklets: breaking up Big Tech

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 4 November 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

Few politicians are as ambitious about dismantling the tech behemoths as Elizabeth Warren, one of America’s Democratic presidential contenders. What she is proposing, though, would be neither easy nor quick. We dive into the myriad threats faced by corals, and by the millions of people whose livelihoods depend on them. And a new book considers the likes of Genghis Khan as manager material.

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Transcript

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0:00.0

News of the global climate crisis can leave us feeling helpless. Too much negativity can trigger our eco-anxiety,

0:08.0

leaving us paralyzed when we need to act.

0:11.0

This is why EONNEXT is in search of better news to power up for change.

0:16.0

Did you know last year renewable power saved 230 million tons of CO2 emissions?

0:22.0

That's the equivalent of taking more than 49 million petrol-powered cars off the road for a year.

0:28.0

If you're feeling impacted by eco-anxiety, EONNEXT have created a range of resources such as green noise soundscapes.

0:36.0

Just search Power Up for Change in your podcasting app.

0:46.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:52.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:59.0

Nearly half the world's coral reefs lie in Southeast Asia and they face a barrage of threats,

1:06.0

warmer, more acidic waters, overfishing, pollution, and it's not just divers who will notice.

1:12.0

Corals affect the livelihoods of 130 million people in the region.

1:17.0

And what does Genghis Khan have to do with business culture?

1:22.0

A new book would like to paint him and other macho conquering types as model managers of people.

1:28.0

But would you really want one as your boss?

1:38.0

First up though.

1:43.0

The internet era has produced some truly enormous business success stories.

1:48.0

Amazon, Apple, Facebook, Google's parent company Alphabet, these companies have market values in the hundreds of billions of dollars,

1:56.0

and their apps and products reach billions of people.

1:59.0

But some argue that Big Tech has in fact become too big.

2:03.0

First off, these firms often crowd out competition.

2:06.0

Like when Facebook hoovered up the messaging platform WhatsApp and the picture sharing app Instagram.

...

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