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The Al Franken Podcast

Fmr. Facebook Exec Tim Kendall on How Social Media is Destroying the World

The Al Franken Podcast

The Al Franken Podcast

Government, Progressive, Politics, Senate, Liberal, Senator, Minnesota, Franken, News, Saturday Night Live, Comedy, Snl

4.67.7K Ratings

🗓️ 29 November 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

One of the Silicon Valley Guilty Parties who stars in Netflix’s Most-Watched Documentary Ever explains why humanity is doomed unless we do something.


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Transcript

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0:00.0

Hey, Prime Members, you can listen to the Elf Franken podcast, add free on Amazon Music.

0:06.0

Download the Amazon Music app today.

0:08.0

Hi, I'm Lindsay Graham, host of the Wondery Show Business Movers.

0:12.1

In our latest series, an intrepid lawyer turned fast food executive named George Cohan,

0:17.0

creates an ingenious and wily scheme to sell big Macs behind the iron curtain in the middle

0:22.0

of the Cold War.

0:23.4

Listen to business movers, the McDonald's invasion on Amazon Music or wherever you get your

0:27.9

guests.

0:29.9

Hey, everybody.

0:33.6

I got one today with the guests you're going to find really interesting on an intriguing

0:43.0

subject that's covered in a way which is edifying, enjoyable, and with a few laughs, you know,

0:52.2

for a change.

0:53.2

I've decided to mix things up.

0:55.7

My guest is Tim Kendall, who as one of the top executives at Facebook early on was in charge

1:04.2

of monetization of Facebook.

1:07.8

In other words, he was the guy that Zuckerberg put in charge of figuring out the business model

1:14.1

for Facebook to maximize the amount of money that the company would make.

1:19.5

And wouldn't you know it, at least from the standpoint of that goal making the company,

1:25.0

you know, a going concern, he really did a commendable job.

1:30.1

On the other hand, it turns out there's been kind of a dark downside to the success of

1:38.0

this business model, which is essentially treating Facebook's users not so much as their

1:45.6

customers, but as their product, meaning that advertisers would pay Facebook for access

...

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