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CYBER

Jeff Bezos’ Meteoric Rise, and Kickstarter’s Historic New Union

CYBER

VICE

Tech News, News & Politics, Technology, News

4645 Ratings

🗓️ 20 February 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

When we think of the titans of industry, we used to think of names like Rockefeller, Carnegie, and Vanderbilt. But today, in 2020, we have new names that dominate the world economy: Zuckerberg, Cook, Musk, and Thiel. Above them stands one man: Jeff Bezos. Although those names control industries that are less obvious than the sprouting giant steel bridges or skyscrapers of the Second Industrial Revolution, their products arguably have just as big of an impact on our lives.

Silicon Valley has become the epicenter of innovation and industry, where apps and devices dictate what our very society looks like. But lately, the sheen is coming off of these monolithic, billion-dollar companies.

And while giants like Facebook have faced questions about how its platform was used to manipulate our political system and Apple has been criticised for its abusive labor practices in China, one company is only recently coming under the collective microscope: Amazon.

Jeff Bezos’ empire has enjoyed a meteoric rise. And now, Amazon has become one of the most powerful, single corporate entities in the entire world. But what does that mean for all of us?

In an excellent new documentary for PBS’s FRONTLINE, journalist James Jacoby examines Amazon with a fine toothed-comb. From its treatment of its factory workers, Ring, to Alexa, and asking the same question throughout: Has Amazon gone too far? This week, we have Jacoby on the show to tell us more.


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Transcript

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0:00.0

Tann, it's got the code it's going to launch.

0:10.7

It's a unit system.

0:13.1

I know this.

0:15.1

It's all the files of the whole park.

0:17.3

It tells her everything.

0:19.0

Sir, he's uploading the virus.

0:21.8

Eagle one.

0:22.6

The package is being delivered.

0:24.7

When we think of the Titans of Industry,

0:26.8

we used to think of names like Rockefeller,

0:28.9

Carnegie, and Vanderbilt.

0:30.6

But today, in 2020,

0:32.5

we have new names that dominate the world economy,

0:35.2

Zuckerberg, Cook, and Teal.

0:39.4

While those names control industries that are less obvious than giant steel bridges or skyscrapers, their products have quietly

0:44.2

infiltrated our entire lives. They're wondering what's happening to their data. Can they trust Facebook?

0:50.2

A growing number of these workers are either killing themselves or trying to.

0:55.2

And Foxcon doesn't know why.

0:57.7

It's the latest in a string of high-profile mishaps for Uber,

1:01.1

everything from price gouging and privacy invasion to allegations of assault and rape.

1:06.5

And though Facebook has faced grilling questions surrounding its manipulation of our political system,

1:11.6

and even Apple is rightfully criticized for its use of labor in China, one company is only just

...

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